Wow! Are you kidding???What and awesome News release! 1.3 Million oz. of GOLD! 57 Million oz. of Silver, 8 Billion pounds of Copper!!!
Someone able to give us an updated valuation with these new numbers please!
This looks incredible! Can't wait to see the action on Monday. This stock won't be the Tsx's best kept secret for long!
Congratz to all share holders!
Nevada Copper increases Pumpkin Hollow resource
2007-11-02 16:38 ET - News Release
Mr. Giulio Bonifacio reports
NEVADA COPPER-31% INCREASE IN GRADE & 44% INCREASE IN M&I COPPER RESOURCE-ADDS IRON, GOLD AND SILVER
Nevada Copper Corp. has completed an updated independent National Instrument 43-101-compliant resource estimate for its 100-per-cent-owned Pumpkin Hollow copper property in Nevada. Copper and iron resources have increased significantly while adding gold and silver to the overall resource.
The new resource estimate has increased in all categories by 1.8 billion pounds of copper (28 per cent) to 7.9 billon pounds from the June, 2006, NI 43-101-compliant resource of 6.1 billion pounds with the following highlights:
Measured and indicated copper average grade increased by 31 per cent to 0.58 per cent copper (cut-off of 0.20 per cent copper) with the resource increasing by 44 per cent to four billion pounds of copper;
Inferred copper average copper grade increased 19 per cent to 0.45 per cent copper (cut-off of 0.20 per cent copper) with the resource increasing by 15 per cent to 3.9 billion pounds of copper;
Addition of 1.3 million ounces of gold and 57 million ounces of silver to the overall resource;
The North and South deposits now contain measured and indicated resources of 53 million tons of iron and inferred resources of 91 million tons of iron for a total of 144 million tons of iron, an increase of 92 per cent.