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Nevada Copper Receives All Permits for Underground Development

Investing News Network
Apr. 04, 2011 10:47AM PST
Base Metals Investing

Nevada Copper Corp. (TSE:NCU) reports the receipt of all State and County permits required to begin development of underground access to the Eastern deposits of the Pumpkin Hollow project.

Nevada Copper Corp. (TSX:NCU) reports the receipt of all State and County permits required to begin development of underground access to the Eastern deposits of the Pumpkin Hollow project. 

The press release is quoted as saying:

Groundwater from dewatering must be re-infiltrated until any future mining and processing begins, at which time water will be used in any future operations, subject to the recommendations of the Definitive Feasibility Study (“DFS”) due for delivery on June 30, 2011. Lyon County had previously issued the Special Use Permit for Advanced Exploration in October 2010.

Nevada Copper’s VP & Senior Project Manager, Greg French says:

“The ability to access these underground deposits by way of planned shafts and internal decline will greatly enhance our understanding of the mineral grades and tonnages as well as the geological, geotechnical and hydrological characteristics of these deposits in advance of possible future mining”  “We will now be able to conduct drilling from underground drill stations in the known East and E2 Deposits and to obtain bulk samples for confirmatory metallurgical testing. We will also be able to drill several favourable targets that have only received limited exploration from surface drilling in the past from more cost-effective underground drill stations.”

Click here to access the entire news release.

Click here to access Nevada Copper’s company profile.

nevada-copper-corp tsx-ncu
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