Key Ventilation Project Completed, Significant Ore Stockpile and Mill Restart Preparation Yerington, NV – June 15, 2023 – Nevada Copper Corp. (TSX: NCU) (OTC: NEVDF) (FSE: ZYTA) (“Nevada Copper” or the “Company”) provides an update on progress of its operating restart activities at its Pumpkin Hollow underground copper mine (the “Underground Mine”).
Randy Buffington, President and CEO of Nevada Copper, stated, “We are extremely pleased with the accelerating progress as we prepare for the near-term commencement of processing operations and concentrate production.”

Key Operational Updates
• Development Mining Progressing Ahead of Schedule – as previously reported in Nevada
Copper’s May 16, 2023 press release, Small Mine Development, LLC (“SMD”) mobilized to site and worked with the Company to efficiently establish and onboard their crews and move equipment underground to support the commencement of SMD’s development activities on June 1. Six working faces were made available to SMD to accelerate primary and secondary lateral development. Mine development in the EN Zone, beyond the completed dike crossings, continues to encounter competent rock as predicted by the Company’s geotechnical model.
• Significant Surface Ore Stockpile Increasing – the surface stockpile is currently approximately 50,000 tons of ore, with the majority crushed on surface and ready for commencement of milling operations. With the mobilization of SMD complete and accelerating mining rates, it is expected the surface stockpile will continue to grow on an accelerated basis, positioning the Company well for the planned restart of milling operations next quarter.

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https://nevadacopper.com/site/assets/files/4298/06-15-2023-ncu-nr.pdf