Nevada Copper Announces Up to 800 Jobs at Pumpkin Hollow Project

Nevada Copper Corp.(TSX:NCU) announced that it will be sinking an underground shaft at its Pumpkin Hollow project. The Company hope that this will create employment for up to 800 people at the project. Nevada Copper also announced the completion of a Feasibility Study in January 2012.

As quoted in the press release

The Governor of the State of Nevada, Mr. Brian Sandoval told a crowd of over 700 people to “Believe It” – that the employment of up to 800 people at Pumpkin Hollow is right in line with his jobs initiative to create 50,000 jobs in Nevada by 2014. Those words were spoken on Saturday February 18, 2012, at Nevada Copper’s official Groundbreaking Ceremony for the commencement of sinking of an underground shaft at its Pumpkin Hollow Project, located near Yerington, Nevada. The Governor’s speech can be found at:https://www.nevadacopper.com/i/media/Nevada-Copper-Video.html.

Nevada Copper, President & CEO, Giulio Bonifacio, said:

This shaft will allow us to access the over 820 million pounds of high grade underground copper reserves in the East deposit defined in the Feasibility Study. The shaft will also provide us with detailed information on the geotechnical, geochemical and hydrological conditions that exist underground and verify our mining and production assumptions. It will give us access to further extend and define the East underground resource from subsurface drill stations, as well as a platform for further exploration of the nearby JK34 zone. Drilling from underground is much more cost effective and will allow us to define areas of high grade ore targeted for early mining.

Click here to read the Nevada Copper Corp. (TSX:NCU) press release