Gold $ 1779.40 -2.20

Silver $ 26.11 -0.01

Palladium $ 2873.60 77.10

Platinium $ 1240.50 42.90

Copper, Proven and Probable

Nevada Copper Provides Underground Project Update; Releases 2020 Financials and MD&A

We are very pleased to have recently completed both commissioning of the Main Shaft and electrical system upgrades, two important steps towards achieving nameplate production. The remaining step, ventilation upgrades, is progressing well, and we remain on target for steady state production of 5,000 tons per day in Q3 this year,stated Mike Ciricillo, Chief Executive Officer of Nevada Copper. “With the underground project expected to be ramped-up to full production in Q3, we look forward to advancing our other key growth opportunities, including our fully permitted Open Pit and property exploration targets.”

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

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