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Enter Symbol
or Name
USA
CA



Nevada Copper Corp
Symbol NCU
Shares Issued 80,501,458
Close 2015-07-30 C$ 1.08
Market Cap C$ 86,941,575
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Nevada Copper receives air quality control permit

2015-07-31 07:11 ET - News Release

Mr. Giulio Bonifacio reports

NEVADA COPPER RECEIVES AIR POLLUTION CONTROL PERMIT

Nevada Copper Corp. has provided an update on progress of permitting with the Nevada Division of Environmental Protection (NDEP) -- Bureau of Air Pollution Control (BAPC) for its 100-per-cent-owned Pumpkin Hollow project located near Yerington, Nev.

On July 30, 2015, BAPC issued the revised Class II air quality operating control permit for the 70,000-ton-per-day underground and open-pit mines feeding a single copper concentrator. This is in addition to the current air permit, which will be retained, for a stand-alone 6,500-ton-per-day underground concentrator. The air quality permit covers particulate emissions, electrical generators and fugitive dust. Since the estimated emissions for any one pollutant are less than 100 tons per year, Pumpkin Hollow is classified as a minor source (Class II). The integrated project does not involve any hazardous emissions of criteria pollutants from thermal or chemical processes.

Timothy M. Dyhr, vice-president of environment and external relations, commented: "Receipt of the air quality permit is a significant milestone. Our reclamation permit is also near completion with the close of the public comment period on July 24. No comments were received by NDEP. Therefore, the company expects to receive the reclamation permit in early August. At that time, we will have all of the necessary state environmental permits to develop the much larger open-pit and underground operation."

With full oversight from NDEP, the company continues to address all aspects of environmental protection -- air, water, waste, reclamation, cultural resources, spill prevention and control, drinking water, and storm water.

Previously, the company announced (news release dated July 17, 2015) that the Bureau of Land Management (BLM) issued the decision record and finding of no significant impact that fulfills the environmental review for the congressionally mandated Yerington land conveyance. Upon completion of a 30-day notice period, the BLM can issue a patent, or property deed, to the City of Yerington. The land acquisition remains on track for a third quarter 2015 closing. The company continues to work closely with the city and the BLM on the patent and payment for the land to finalize the conveyance. Subsequently, the city will reconvey a major portion of those lands to Nevada Copper.

We seek Safe Harbor.

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