Tag Archives: Nevada Copper

where-we-could-bePassage of the Northern Nevada Economic Development and Land Conservation Act (H.R. 5205) will have a huge economic impact on Lyon County and Yerington because it will jumpstart the Stage 2 open phase of the Pumpkin Hollow Project, a $1 billion capital investment that will create 500-1,000 construction jobs and 950 direct, permanent jobs. Combined, the Stage 1 underground mine (currently under construction) and Stage 2 open pit mine will create approximately 1,400 direct permanent jobs and over 3,000 total direct and indirect jobs.

This bill is really a JOBS BILL!

On September 15th, the bill was passed unanimously by the House. We are now awaiting Senate approval and a signature from the President. We have approximately 20 days to see the bill passed by the 113th Congress.

Click here to visit Pass Bills. Create Jobs. and learn more about the huge economic impact passage of the bill will have… http://wp.me/p4shEO-dt


Questions or Concerns about the Lyon County Project, the Lyon County Economic Development Act, House Bill (H.R. 433 or H.R. 696) and Senate Bill 159? Please submit them by emailing: tdyhr@nevadacopper.com and we will get you the answers / address your concerns.

Steven Horsford Extra Mile Stories  Yerington   YouTubeSteven Horsford went the extra mile for Yerington and passed an economic development bill that will create thousands of jobs in Nevada.

Horsford has been instrumental in getting the Northern Nevada Economic Development and Conservation Act to Congress where it passed unanimously in the House on Sept. 15th, 2014.

Passage of the bill will jumpstart Pumpkin Hollow, bringing over 1000 high-paying jobs to Lyon County. It will also stimulate the economic flow of mining and construction vendors both locally and nationally.

We now have just under 1 month to have it approved by the Senate and sent to the President to sign.

Published on Oct 14, 2014
See more here: http://youtu.be/Ly35aUL3ECQ

If you would like to show your support for Nevada, join the initiative to get the bill passed.

Pass Bills. Create Jobs is a grassroots initiative to raise awareness and support for seven northern Nevada land actions stuck in Congress.

Help us pass the bill by “liking” the Facebook page and asking your peers to join you in the initiative to get the bill passed!

Pass Bills. Create Jobs. Support Nevada.

Join the social media campaign:
Facebook https://www.facebook.com/passbillscreatejobs
Twitter https://twitter.com/PassBills_4Jobs

Watch it here:

Nevada Newsmakers Video

Tim Dyhr, Vice President of Environment and External Relations for Nevada Copper, talks about the Lands Bill awaiting Senate approval with host Sam Shad.

The bill was passed unanimously by the House on September 15th, 2014. It is now awaiting Senate approval.

We expect it to pass.


See more posts like this:

  1. Congressman Steven Horsford Discusses Lands Bill and Pumpkin Hollow with Sam Shad on Nevada Newsmakers
  2. Nevada Newsmaker: Ray Hagar, Reno Gazette Journal Hosts George Dini, Mayor of Yerington and Jeff Page, Lyon County Manager to Discuss the Northern Nevada Bill Recently Passed by the House but Still Awaiting Passage In the U.S. Senate

After three and a half years and about eight committee hearings, the bill finally passed the U.S. House of Representatives in September. The Northern Nevada Land Conservation and Economic Development Act would create about 73,500 acres of protected wilderness in exchange for allowing 23,000 acres of federal land for economic development, including a copper mine. The biggest Nevada lands package in 16 years now awaits a Senate vote…..

Read full article here

UNR-SilverBlueMag2014

UNIVERSITY OF NEVADA, RENO:  Silver & Blue Alumni Magazine-Fall 2014

The Arentz Center for Student Success in the Paul Laxalt Mineral Engineering Center is a place for Mackay School of Earth Sciences and Engineering students to study, use computers and hang out.  Much of the new renovation and remodeling was funded and supported by the Nevada’s mining industry.   Please read on.

http://www.unr.edu/silverandblue/archive/2014/fall/NSB_Fall_2014_18-19.pdf

 

Rick Reviglio, President & General Manager of Western Nevada Supply.  Founded in 1964, the Blue Team is a product of Jack Reviglio (pictured in background picture with Rick) and Bill Higgin's dream of providing unparalled customer service.

Rick Reviglio, President & General Manager of Western Nevada Supply. Founded in 1964, the Blue Team is a product of Jack Reviglio (Rick’s father, Jack pictured in background ) and Bill Higgin’s dream of providing unparalleled customer service.

Rick Reviglio

Rick Reviglio

WESTERN NEVADA SUPPLY – The “BLUE TEAM” http://www.goblueteam.com/ 50 years of service, Western Nevada Supply has grown into a company that serves contractors & builders in two states.  Western Nevada Supply has come to be known as the “Blue Team” as they pride themselves on the team concept.  The Blue Team was founded in 1964, a wholesale distributorship of plumbing supplies and a product of Jack Reviglio. Jack’s sons, Ted & Rick, are running the family business. Rick Reviglio joined Western in 1992 and now leads the team in sales, inventory control, collections, finances, and customer service tools. Today, Rick is President and General Manager. Western Nevada Supply offers a diverse line of products including plumbing, water works, HVAC, irrigation, hydronics & solar, industrial (PVF) and more. Because of their dedication to the needs of their employees, customers and the community, the Reviglios have built a reputation of skill, integrity, reliability, and honesty. Sound management practices with loyalty to those who make it all possible have made the Blue Team one of the most successful businesses on the West Coast. The Blue Team is a real “team player” to the Pumpkin Hollow Project.

 

 

“Mine Tour” Raffle winners Doug & Dorothy Taylor

"Mine Tour" Raffle winners Doug & Dorothy Taylor

“Mine Tour” Raffle winners Doug & Dorothy Taylor

Doug & Dorothy Taylor in the "Hoist House".

Doug & Dorothy Taylor in the “Hoist House”.

Win a tour

17.5R25 is 660 lbs, fits a 4 yard Scoop, LHD, UG Loader

17.5R25 is 660 lbs, fits a 4 yard Scoop, LHD, UG Loader

Nevada Copper, the Pumpkin Hollow Project gave away many raffle items again this year at the 2014 Lyon County Fair & Rodeo.  One of the raffle items was a “Mine Tour” at Pumpkin Hollow Project.  To win this tour you had to have the correct answer to the question:  “How long is the life of an underground loader tire?”  Well …. Doug Taylor from Silver Springs, Nevada answered it right on.  8 months.  So a scheduled mine tour was set for Doug and his wife Dorothy on September 13.  Congratulations to Doug & Dorothy and thank you for visiting Pumpkin Hollow!

StevenHorsford

YERINGTON, Nev. (KRNV & MyNews4.com) – The bundled seven Northern Nevada land bills is the largest package to pass congress in four years, according to Representative Steven Horsford, (D) District 4. 

“These bills help transfer land that’s currently managed by the federal government to our local communities,” says Horsford. 

The largest provision will allow the city of Yerington to buy about 10,000 acres from the federal government at fair market value for economic development. That includes copper mining by Nevada Copper.

Please click link to read on -

http://www.mynews4.com/mostpopular/story/Rep-Horsford-Northern-Nevada-Land-Bills-a-model/7jI6tNm_WUWH-zfONm-MzQ.cspx  

NEWS RELEASE

TSX: NCU

 U.S. House of representatives Unanimously passes Lyon County Bill 

 

September 16, 2014 – Nevada Copper Corp. (TSX: NCU) (“Nevada Copper” or “Company”) is very pleased to announce that the U.S. House of Representatives has unanimously passed H.R. 5205, the Northern Nevada Land Conservation and Economic Development Act (“Northern Nevada Bill”) on Monday, September 15, 2014. That bill includes the Lyon County Economic Development and Conservation Act (the “Lyon County Bill” or “the Bill”).

With passage of the Lyon County Bill, permitting the much larger Stage 2 – 70,000 tons per day open pit mine can be finalized in early 2015 at the Company’s 100% owned Pumpkin Hollow copper project.  The project, located near Yerington, Nevada also includes a Stage 1 – 6,500 tons per day underground mine which is already permitted and in construction.

Attention now turns to passage of the Lyon County Bill in the Senate.  Both Majority Leader Senator Harry Reid (Democrat-Nevada) and Senator Dean Heller (Republican-Nevada) have previously stated their support when it was introduced on a bi-partisan basis in the Senate in 2013.  Passage of the Lyon County Bill by the Senate would allow for signature into law by President Obama in 2014. Once signed into law, the land acquisition must be completed within the six month period mandated by the Bill.  During this period, Nevada Copper would complete the remaining Stage 2 State permitting. Local and state officials are urging quick passage in the Senate, considering that the Lyon County Bill is not controversial and would have major economic benefits in one of the most economically depressed communities in Nevada and the nation.

Giulio Bonifacio, President and CEO, comments: “This is a significant milestone in our joint effort with Lyon County and the City of Yerington to pass the Lyon County Bill. Enactment of this Bill greatly enhances our ability to become fully permitted by early 2015 on our much larger Stage 2, open pit mine.  Our Stage 2 open pit mine currently represents proven and probable reserves of over 4.1 billion pounds of copper with a mine life of 22 years and annual average production of over 220 million pounds in the first 5 years.”

The Lyon County bill has received full, bipartisan support in the House and Senate that reflects years of efforts by local stakeholders, including the entire Nevada Congressional delegation, the County, the City, the Company, ranchers, recreationists, wilderness advocates, and external organizations to craft a compromise that works.

Timothy M. Dyhr, Vice President, Environment and External Relations, commented:  “This bill has been before Congress since 2011 and has been fully scrutinized. We commend Congressman Horsford, Congressman Amodei and new House Majority Leader Kevin McCarthy for getting this bill passed.  We look forward to passage in the Senate.”

 About Nevada Copper

The Company’s advanced stage Pumpkin Hollow project in Nevada consists of a fully permitted, 6,500 tons/day Stage 1 underground copper mine development, currently in construction, and a nearby Stage 2, 70,000 tons/day open pit mine project in the advanced permitting phase.  Expected average copper production for the first five years is 75 million lbs/year from the Stage 1 underground mine and 221 million lbs/year from the Stage 2 open pit mine.

The project is located near Yerington, Nevada, close to road, rail, and power infrastructure, and with all future water supply requirements met.

 

For further information please visit the Nevada Copper corporate website (www.nevadacopper.com) and the Pumpkin Hollow project website (www.pumpkinhollowcopper.com).

 

NEVADA COPPER CORP.

  

 Giulio T. Bonifacio, President & CEO

 

Cautionary Language

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, including the likelihood of commercial mining, securing a strategic partner, expanding the mineral resources and mineral reserves and possible future financings are forward-looking statements. Such forward-looking statements and forward-looking information specifically include, but are not limited to, statements concerning: Nevada Copper Corp. (the “Company”) plans at the Pumpkin Hollow Project; the timing of granting of key permits; from the Feasibility Study: the estimated metal production and the timing thereof; capital and operating costs, future metal prices, cash flow estimates, and economic indicators derived from the foregoing. 

 Forward-looking statements or information relate to future events and future performance and include statements regarding the expectations and beliefs of management and include, but are not limited to, statements with respect to the estimation of mineral resources and reserves, the realization of mineral resources and mineral reserve estimates, the timing and amount of estimated future production, capital costs, costs of production, capital expenditures, success of mining operations, environmental risks and other mining related matters.  Often, but not always, forward-looking statements and forward-looking information can be identified by the use of 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.

 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; labor disputes; supply problems; uncertainty of production and cost estimates; the interpretation of drill results and the estimation of mineral resources and reserves; changes in project parameters as plans continue to be refined; possible variations in ore reserves, grade of mineralization or recovery rates may differ from what is indicated and the difference may be material; legal and regulatory proceedings and community actions; accidents, 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; other risks of the mining industry as well as those factors discussed in the section entitled “Risk Factors” in the Company’s Annual Information Form dated March 25, 2014.  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.  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. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that could cause results not to be as anticipated, estimated or intended.  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

 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 ToffoloVP, Investor Relations & Communications
Phone:     604-683-8266
Toll free: 1-877-648-8266
Email: etoffolo@nevadacopper.com
Robert McKnight, P.Eng., MBA
Executive Vice President  & CFO
Phone 604-683-1309
Email: bmcknight@nevadacopper.com

 

NEWS RELEASE

TSX: NCU

NEVADA COPPER CLOSES US$20 MILLION BRIDGE LOAN FACILITY

August 26, 2014 – Nevada Copper Corp. (TSX: NCU) (the “Company”) is pleased to announce that it has closed a US$20 million bridge loan facility (“Facility”) with Pala Investments Limited (“Pala”).

The initial term of the facility is four months, with up to two additional two month extensions. The Facility will be drawn in US$5 million tranches. The annual interest rate is 10% and with a 2.7% arrangement fee payable during the initial term. The Facility is secured against the Company’s assets, but is subordinate to the security granted in connection with the US$200 million senior credit facility announced by the Company on March 28, 2013.

Giulio Bonifacio, President and CEO, comments: “We are very pleased that Pala, our major shareholder, has provided their continued support by way of this Facility. The Facility provides additional time to fully optimize the funding mix for the balance of Stage 1 capex, while also allowing the Company to further evaluate the various strategic opportunities currently under review.

 During the period of the Facility, we will continue sinking of our main production shaft and further advance the Stage 2 Land Bill and permitting.”

Virtual Tour

The Company has developed a virtual tour of the project which can be experienced by visiting the following link:  http://www.nevadacopper.com/s/VirtualTour.asp

 About Nevada Copper

The Company’s advanced stage Pumpkin Hollow project in Nevada consists of a fully permitted 6,500 tons/day Stage 1 underground copper mine development, currently in construction, and a nearby Stage 2, 70,000 tons/day open pit project in the permitting phase.  Expected average copper production for the first five years is 75 Mlbs/year from the Stage 1 underground mine and 221 Mlbs/year from the Stage 2 open pit mine.

The project is located near Yerington, Nevada, close to road, rail, and power infrastructure, and with all future water supply requirements met.

For further information please visit the Nevada Copper corporate website (www.nevadacopper.com) and the Pumpkin Hollow project website (www.pumpkinhollowcopper.com).

NEVADA COPPER CORP.

 

 Giulio T. Bonifacio, President & CEO

 

Cautionary Language

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: progress of shaft-sinking and other mine construction activities; the likely date of commencement of commercial mining; expanding the mineral resources and mineral reserves; possible future financings or the securing of a strategic partner; the Company’s plans at the Pumpkin Hollow Project; the timing of granting of key permits; the estimated metal production and the timing thereof; capital and operating costs, future metal prices, cash flow estimates, and economic indicators derived from the foregoing. 

 Often, but not always, forward-looking statements and forward-looking information can be identified by the use of 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.

 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: the Company’s ability to obtain financing; risks relating to mine construction generally; 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; labor disputes; supply problems; uncertainty related to the time required to achieve production status; uncertainty of production and cost estimates; the interpretation of drill results and the estimation of mineral resources and reserves; changes in project parameters as plans continue to be refined; possible variations in ore reserves, grade of mineralization or recovery rates may differ from what is indicated and the difference may be material; legal and regulatory proceedings and community actions; accidents, title matters; regulatory restrictions; permitting and licensing; volatility of the market price of the Company’s common shares; insurance; competition; hedging activities; currency fluctuations; loss of key employees; other risks of the mining industry as well as those factors discussed in the section entitled “Risk Factors” in the Company’s Annual Information Form dated March 25, 2014.  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.  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. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that could cause results not to be as anticipated, estimated or intended.  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

 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 ToffoloVP, Investor Relations & Communications
Phone:     604-683-8266
Toll free: 1-877-648-8266
Email: etoffolo@nevadacopper.com
Robert McKnight, P.Eng., MBA
Executive Vice President  & CFO
Phone 604-683-1309
Email: bmcknight@nevadacopper.com