News Releases

Nevada Copper Stepout Drilling Continues to Intersect Mineralization in the East Deposit and Section 11 Target

May 6, 2011

May 6, 2011 - Nevada Copper Corp. (TSX: NCU) (“Nevada Copper”) is pleased to announce further positive drill results from the East Deposit and Section 11 Target at the 100% owned Pumpkin Hollow Property located in Nevada. The holes reported below represent assay results from the current 20,000 meter step-out expansion program.

NC10-65 and NC11-01 were drilled as step-out holes in the East Deposit. NC10-65 was pre-collared in 2010 and later completed as a geotechnical hole along the south end of the deposit. A large zone of lower grade mineralization was encountered extending to the south and the higher grade zones within the mineralized package are narrowing. NC11-01 drilled as a step-out (50 meters) along the northeast portion of the deposit was successful in extending the mineralized horizon to the east, where it remains open. NC11-01 intersected 92.7 feet (28.2 meters), 83.3 feet (25.4 meters) true thickness averaging 1.30% copper.

NC11-05 was drilled on the Section 11 Target located approximately 1650 feet (~500 meters) from the proposed E2 shaft. The hole was drilled approximately 700 feet (210 meters) down dip from FG-58 which averaged 118’ averaging 1.4% copper. Mineralization remains open. Several zones were intersected in NC11-05, the largest was 42.0 feet (12.8 meters), 14.4 feet (4.4 meters) true thickness averaging 1.0% copper.

“The step-out drill program continues to produce positive results with NC11-01 along the northeastern boundary of the East Deposit confirming and expanding mineralization. In Section 11, previous exploration had focused on the footwall lithologies dominated iron mineralization. The recent drilling targeted the copper mineralization which is similar to the E2 Deposit. The recent results will be incorporated into the exploration model to help focus drilling on the higher grade trends especially along strike where the mineralized boundaries have not been defined”, commented Gregory French, Vice President, Senior Project Manager of Nevada Copper.

EAST DEPOSIT – Assays greater than 0.75% Cu

Drill Hole #From
(m)
To
(m)
Length
(m)
Length
(ft)
True
Length
(m)
Copper
(%)
Gold
(g/t)
Silver
(g/t)
Fe
(%)
NC10-65647.7667.519.865.019.81.300.1712.718.3
 873.2880.87.625.07.61.080.2184.727.1
NC11-01523.7551.928.292.725.41.300.1433.011.9
Including536.8551.915.149.713.61.690.1793.516.7

SECTION 11 TARGET – Assays greater than 0.75% Cu

Drill Hole #From
(m)
To
(m)
Length
(m)
Length
(ft)
True
Length
(m)
Copper
(%)
Gold
(g/t)
Silver
(g/t)
Fe
(%)
NC11-05603.5608.14.615.01.61.120.1741.227.1
 615.1627.912.842.04.41.000.2870.751.0
 637.0644.67.625.02.61.320.2400.850.0

Plan maps with recent drill locations are available at www.nevadacopper.com.

About Nevada Copper

Nevada Copper has 59 million shares outstanding and is well funded with no debt and approximately $21 million in cash.

The Pumpkin Hollow drilling program is under the supervision of Gregory French, CPG #10708, and a Qualified Person as defined in Canadian National Instrument 43-101, who is responsible for the preparation of the technical information in this news release. All assaying and whole rock geochemistry is processed at the American Assay Laboratories (AAL) in Reno, Nevada. Samples are delivered from the project core logging facility to AAL by Nevada Copper or AAL personnel. A Quality Assurance and Quality Control Assay Protocol have been implemented whereby blanks and standards are inserted into the assay stream and check samples are sent to Chemex-Reno and Inspectorate-Reno laboratories.

For additional information about Nevada Copper please visit our website at www.nevadacopper.com.

NEVADA COPPER CORP.

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 new release, other than statements of historical facts, including the likelihood of commercial mining and possible future financings are forward-looking statements. Such forward-looking statements and forward-looking information include, but are not limited to, statements concerning: Nevada Copper’s (“the Company”) plans at the Pumpkin Hollow Project; the timing of granting of key permits, timing of delivery of key technical reports such as the Definitive Feasibility Study, estimated metal production and the timing thereof; and any capital and operating and cash flow estimates. Forward-looking statements or information include statements regarding the expectations and beliefs of management. Often, but not always, forward-looking statements and forward-looking information can be identified by the use of words such as “plans”, “expects”, “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.

Forward-looking statements or information are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements or information, including, without limitation, risks and uncertainties relating to: history of losses; requirements for additional capital; dilution; loss of its material properties; interest rates increase; global economy; no history of production; future metals price fluctuations, speculative nature of exploration activities; periodic interruptions to exploration, development and mining activities; environmental hazards and liability; industrial accidents; failure of processing and mining equipment to perform as expected; labour disputes; supply problems; uncertainty of production and cost estimates; the interpretation of drill results and the estimation of mineral resources and reserves; legal and regulatory proceedings and community actions; title matters; regulatory restrictions; permitting and licensing; volatility of the market price of Common Shares; insurance; competition; hedging activities; currency fluctuations; loss of key employees; as well as those factors discussed in the section entitled “Risk Factors” in the Company’s Annual Information Form dated September 24, 2010. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements or information. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information. The Company disclaims any intent or obligation to update forward-looking statements or information except as required by law, and you are referred to the full discussion of the Company’s business contained in the Company’s reports filed with the securities regulatory authorities in Canada. For more information on Nevada Copper and the risks and challenges of its business, investors should review Nevada Copper’s annual filings that are available at www.sedar.com.

For further information call:

Eugene Toffolo, Corporate Communications
Phone: 604-683-8266
Toll free: 1-877-648-8266
Email: etoffolo@nevadacopper.com
Robert McKnight, P.Eng.
Executive Vice President
Phone 604-683-1309
Email: bmcknight@nevadacopper.com

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