VANCOUVER (Commodity Online): Nevada Copper Corp. (TSX:NCU), Canada-based exploration-stage mining company in the identification, acquisition and exploration of copper and other mineral properties located in the United States, has initiated a Pre-Feasibility Study at its 100% owned Pumpkin Hollow Copper Development Property located in Nevada.

The Company has 100% interest in the Pumpkin Hollow property, which is located in north-western Nevada, approximately 100 miles southeast of Reno. The property is located within a contiguous 22 square mile land package held by the Company.

The Pre-Feasibility Study includes approximately 25,000 meter resource drilling program and is scheduled for completion in the 2nd quarter of 2010. Snowden Mining Industry Consultants, Inc., an international, industry leading engineering firm has been engaged by Nevada Copper to prepare the National Instrument 43-101 compliant report.

"Initiation of the Pre-Feasibility Study at Pumpkin Hollow marks a major milestone for the Project as we move towards a commercial production decision,” said Joe Kircher, Vice President and COO of Nevada Copper adding his pleasure to team
up with Snowden's proven expertise to define a preferred development option for this world class copper resource.

Nevada Copper began mobilizing drill rigs the first week of November and currently has four (4) drills rigs including three core rigs operating around the clock at Pumpkin Hollow. The drilling program is designed to convert 80% of the 2009 Inferred resource within the mineable boundaries into a Measured and Indicated category for Pre-Feasibility mine planning and reserve calculation.

This drilling program is budgeted at approximately Cdn.$6 million and consists of approximately 25,000 meters to be drilled during the next 4-6 months. Tetra Tech MM Inc., an industry leading international engineering firm, has been retained to prepare an updated resource estimate following completion of the drill program. Results from the drilling will be released as they become available.

Initial Pre-Feasibility efforts will focus on a trade-off study evaluating a range of mine plans consisting of various combinations of open pit and underground operations with different ore and waste production rates, access configurations, material handling strategies, mining methods and cut-off strategies. Financial and technical metrics derived from the trade-off study will then be assessed with the preferred development profile(s) selected for completion of the detailed Pre-Feasibility design. Completion of the Pre-Feasibility is scheduled for the 2nd quarter of 2010, with commencement of the Definitive Feasibility Study immediately thereafter.

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