|March 26, 2018|
Nevada Copper Announces Key Project Team Hires
|March 26, 2018 - Nevada Copper Corp. (TSX: NCU) ("Nevada Copper" or the " Company") is pleased to announce the appointment of Mr. David Swisher as Vice President of Operations and Mr. Timothy Dake as General Manager - Surface Construction for its 100% owned Pumpkin Hollow copper project. Nevada Copper is rapidly advancing pre-construction activities for the restart of its 5,000 tons/day underground copper project (the "Underground Project") while also progressing optimization work on its large-scale open pit project. |
Mr. Phillip Day, Chief Operating Officer of Nevada Copper, commented: "Mr. Swisher and Mr. Dake bring extensive project execution experience to our project owner's team at Pumpkin Hollow. Nevada Copper is committed to rapidly developing North America's next copper mine, and integral to the success of this goal is building a world-class and highly experienced team."
Mr. Swisher is a qualified professional mining engineer with over 23 years' experience developing and operating both underground and open pit mines. He has held various senior operating roles at various mines in North America and overseen the development of numerous mining projects globally. Most recently he was Mine Manager at the East Boulder Mine in Montana for Sibanye-Stillwater.
Mr. Dake is a mechanical engineer with over 35 years' experience in the mining and construction industries. He has held various roles at operations both in North America and internationally, including the Fort Knox Gold Mine in Alaska and Grasberg Copper Mine in Indonesia.
About Nevada Copper
Nevada Copper (TSX: NCU) is a copper company with significant production potential from its large land position in Nevada, United States. Nevada Copper is well placed to be the next North American copper producer, due to the advanced stage of its Pumpkin Hollow mine.
Its two fully-permitted projects include: the high-grade Pumpkin Hollow underground mine which is expected to move into construction shortly with a view to near-term commencement of copper production; and the Pumpkin Hollow open pit, a large-scale copper deposit which is currently undergoing an optimization program to target a reduced-capex, staged-development approach.
More information about the Underground Project is available in the Pre-Feasibility Study (the "Technical Report") as filed on SEDAR on January 9, 2018, and prepared in accordance with NI 43-101.
NEVADA COPPER CORP.
Abraham Jonker, Interim CEO
Bob McKnight, CFO
This news release includes certain statements and information that may contain forward-looking information within the meaning of applicable Canadian securities laws. All statements in this news release, other than statements of historical facts are forward-looking statements. Such forward-looking statements and forward-looking information specifically include, but are not limited to, statements concerning: the advancement of construction in respect of the Company's Pumpkin hollow underground mine, the planned completion of further feasibility and technical studies in respect of the Pumpkin Hollow Project, and other plans of Nevada Copper Corp. (the "Company") at the Pumpkin Hollow Project.
Often, but not always, forward-looking statements and forward-looking information can be identified using words such as "plans", "expects", "potential", "is expected", "anticipated", "is targeted", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or the negatives thereof or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements or information include, but are not limited to, statements or information with respect to known or unknown risks, uncertainties and other factors which may cause the actual industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information.
The Company provides no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.
For further information call:
Eugene Toffolo, Corporate Communications
Toll free: 1-877-648-8266
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