Yerington, NV – November 30, 2021 – Nevada Copper Corp. (TSX: NCU) (OTC: NEVDF) (FSE: ZYTA)
(“Nevada Copper” or the “Company”) today provided an update on its operations, including advances
at the Company’s underground mine at its Pumpkin Hollow Project (the “Underground Mine”) and an
update on its 2022 development plan.
Underground Mine Operations Highlights
o Lateral Development Rates Continue to Rise. The Company has advanced approximately 760
lateral equivalent feet in the past 30 days, a 20% increase in average daily footage from the
previous 30 days. Lateral development continues on multiple headings, providing access to
ore mining zones in the East South orebody and advancing development towards the East
North orebody.
o Sugar Cube to be Blasted Shortly. The high-grade Sugar Cube zone is planned to be drilled in
December and mining is expected to commence in early Q1 2022. This will be the first stope
mined in the East North orebody, which is expected to have higher quality ground conditions
and significantly larger stope sizes.
o Processing Plant Operating Well. The mill continues to run at design specifications with the
grinding, flotation, thickening, and concentrate filtration circuits performing well
mechanically. The Company anticipates increased production and recovery rates with the
addition of the Sugar Cube zone to the processing plant’s ore feed in Q1 2022.
o Surface Ventilation Fans on Schedule. The surface ventilation fans are on schedule to arrive
on site in approximately 3 weeks with installation and commissioning expected to be
completed on time in line with the demands of the mine plan.
2022 Development Plan Update
o Open Pit Drilling and Progressing. With additional funding received from the Company’s
recent public equity offering, the Company intends to undertake an infill drilling campaign and
to update its open pit studies to reflect opportunities for increased scale, larger resource and
other optimization workstreams. Further updates on the Company’s 2022 development plan
will be released shortly.
“I am pleased with the operational advances we have achieved this month, as we build on the progress
from Q3,” stated Randy Buffington, President and Chief Executive Officer. “Our development rates
continue to increase on a weekly basis and will soon provide access to the larger high-grade stopes,
which is expected to result in increased ore feed delivered to our fully operational processing plant for a step further in our ramp-up progression.”

Qualified Persons
The technical information and data in this news release was reviewed by Greg French, C.P.G., VP
Head of Exploration of Nevada Copper, and Neil Schunke, P.Eng., a consultant to Nevada Copper, who are non-independent Qualified Persons within the meaning of NI 43-101.

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