Nevada Copper Corp. provided updates on the project activities at its 100% owned Pumpkin Hollow copper project in Yerington, Nevada. The 6,500 ton per day Stage 1 underground mine is fully permitted for construction and operations.

Additionally, National Instrument 43-101 Technical Report Feasibility Study results for a stand-alone 70,000 ton per day Stage 2 open pit operation were announced. With the Stage 1 underground mine having been fully permitted under the State auspices, the permitting path forward for Stage 2 will depend on passage of the Land Bill now before the House and Senate in the United States Congress. During 2014 and into 2015, shaft sinking at the project site will be under Cementation's management.

Sinking will advance to the 1,906 foot depth, the main level from which lateral development will begin and allow for access to the East ore zone. Development drilling from this level will focus on obtaining mineral and geotechnical data for mine planning. The company believes the drilling will not only improve the grade profile in the early years of mine production, but also expand the mineral resource.

Subject to shaft sinking rates, reaching the 1,906 level is anticipated during fourth quarter of 2014. After completion of initial development work at the 1,906 level, including a bulk ore sample and drilling, the shaft will be completed to the final 2,140 foot depth. This will be followed by equipping of the shaft for ore hoisting along with development of the underground crushers and related infrastructure required for production operations.

While shaft sinking progresses, engineering and procurement for the copper concentrator and site infrastructure will continue.