Nevada Copper Announces Director Resignation

Rhea-AI Summary

Nevada Copper Corp. announces the resignation of Ricardo De Armas as a director, effective March 2, 2021, to focus on other professional commitments. The board expresses gratitude for his contributions and wishes him success. Nevada Copper, operating in Nevada, is a copper producer with significant reserves in the Pumpkin Hollow project. The company has two fully permitted projects: a high-grade underground mine currently in production and a large-scale open pit project moving toward feasibility status.

Positive

• Leadership transition may bring fresh perspectives to the board.
• The company has substantial reserves and resources, including copper, gold, and silver.

Negative

• The resignation may raise concerns about continuity and leadership stability.

YERINGTON, Nev., March 03, 2021 (GLOBE NEWSWIRE) -- Nevada Copper Corp. (TSX: NCU) (OTC: NEVDF) (“Nevada Copper” or the “Company”) announces that Ricardo De Armas has resigned as a director of the Company, effective March 2, 2021, in order to devote his attention to other professional commitments. The board of directors of the Company would like to thank Mr. De Armas for his contributions and they wish him success in his future endeavours.

About Nevada Copper

Nevada Copper (TSX: NCU) is a copper producer and owner of the Pumpkin Hollow copper project. Located in Nevada, USA, Pumpkin Hollow has substantial reserves and resources including copper, gold and silver. Its two fully permitted projects include the high-grade underground mine and processing facility, which is now in the production stage, and a large-scale open pit project, which is advancing towards feasibility status.

NEVADA COPPER CORP.
www.nevadacopper.com

Mike Ciricillo, President and CEO

For further information contact:
Rich Matthews, Investor Relations
Integrous Communications
rmatthews@integcom.us
+1 604 757 7179

FAQ

Why did Ricardo De Armas resign from Nevada Copper?

Ricardo De Armas resigned to focus on other professional commitments.

What is the impact of Ricardo De Armas's resignation on Nevada Copper?

His resignation may raise concerns about continuity and leadership stability within the company.

What projects is Nevada Copper currently involved in?

Nevada Copper is involved in the Pumpkin Hollow project, which includes a high-grade underground mine in production and a large-scale open pit project advancing toward feasibility.

When did the resignation of Ricardo De Armas take effect?

The resignation took effect on March 2, 2021.

What are the key resources at the Pumpkin Hollow project?

The Pumpkin Hollow project has substantial reserves of copper, gold, and silver.