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Nevada Copper Expands Drill Program

Investing News Network
Oct. 19, 2011 07:06AM PST
Company News

Nevada Copper Corp. (TSX:NCU) announced additional positive step-out drill results from its Pumpkin Hollow property located in Nevada.

Nevada Copper Corp. (TSX:NCU) announced additional positive step-out drill results from its Pumpkin Hollow property located in Nevada.

As quoted in the press release:

With results to date successfully expanding mineralization, the current step-out and expansion drilling program will now be increased to 50,000 meters. There are currently three (3) drill rigs active at the Pumpkin Hollow project.Drill holes NC11-16 and NC11-17 were drilled in the North Deposit. NC11-16 was drilled in the southwest sector of the deposit where multiple zones of mineralization totaling 779 feet (237.5 meters) averaging 0.53% copper, true thickness, continue to expand the deposit southward. In addition to expanding the copper mineralization, several of the zones intersected higher values of molybdenum. The largest of these zones intersected 150.0 feet (45.7 meters), 147.6 feet (45.0 meters) true thickness, averaging 0.71% copper, 0.087 g/t gold, 3.1 g/t silver and 0.031% molybdenum. The southwest area of the North deposit continues to warrant further follow up step-out drilling.

Nevada Copper VP, Senior Project Manager,Gregory French CPG, M.Sc., commented:

“The mineralizing system at Pumpkin Hollow continues to expand and produce positive step-out drill results. The successful expansion of mineralization along the northeast and southwest edges of the North Deposit are expected to have a positive effect on future open pit mine designs by converting waste to mineralized material. The mineralization discovered between the North and South deposits also has the potential to positively affect current mine designs. The North and South deposits could combine into a single open pit if sufficient mineralized material continues to be found.”

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

Click here to view the Nevada Copper (TSX:NCU) profile.

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