Nevada Copper Continues Continuity

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Mon, Mar 23, 2009
Copper Company News, uncategorized
Post by Mike Rodger, Copper Reporter

Nevada Copper released results today that continue to confirm the continuity of their open pittable North Deposit.  The company reported 195 metres true width at 0.62% copper.  This was an infill hole on the North Deposit.

Joe Kircher, Nevada Copper’s COO is quoted as saying:

Nevada Copper is continuing with its optimization studies with a view to further enhance already robust economics. Our Project attributes include high grade copper and gold resources which allow for a mine production profile that significantly reduces capital costs, is resilient to lower copper prices and realizes excellent financial metrics. These studies which are preliminary in nature are progressing and will be reported subsequent to the incorporation of the results of the updated resource estimate scheduled for release in Q2.

The release reiterates the expectation for an updated resource estimate in the 2nd quarter 2009.  For the full release, click this link.

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