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| | February 22, 2007
Nevada Copper Shares Listed For Trading In Frankfurt
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| | February 22, 2007 -- Nevada Copper Corp. (TSXV: NCU) (Frankfurt: ZYT) ("Nevada Copper") is pleased to announce that its shares have been listed for trading on the Frankfurt Stock Exchange under the symbol ZYT. The Frankfurt listing provides the Company with a broader shareholder base and increased exposure to worldwide capital markets.
About Nevada Copper
Nevada Copper is a well financed emerging copper company, responsibly developing the Pumpkin Hollow copper-iron property located in Nevada. In June 2006, a National Instrument 43-101 compliant resource estimate for the advanced-stage Pumpkin Hollow property was completed, as previously announced. At a 0.2% copper cutoff grade, the measured and indicated copper resource is 2.7 billion pounds of copper, contained in 312 million tons grading 0.44% copper and 12.3% iron. An additional inferred copper resource of 3.4 billion pounds of copper is contained in 454 million tons grading 0.37% copper and 8.2% iron.
Within these large resources is a very significant high grade copper resource. Using a 0.75% copper cutoff grade, the measured and indicated resources contain 700 million pounds of copper in 25 million tons of material grading 1.45% copper and, in addition, the inferred resource contains 500 million pounds of copper within 17 million tons grading 1.5% copper.
Nevada Copper has 30.5 million shares outstanding and is well financed with no debt. For additional information about Nevada Copper please visit our website at www.nevadacopper.com.
NEVADA COPPER CORP.
Giulio T. Bonifacio
President & CEO
The TSX Venture Exchange has neither approved nor disapproved of the contents of this news release.
For further information call:
Michael Rodger
Longview Capital Partners
Phone: 604-681-5755
OR:
Susan L. Wilson, Corporate Communications
Phone: 604-688-7508
Email: info@nevadacopper.com |
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