Gold $ 1904.10 -16.80

Silver $ 24.71 -0.23

Palladium $ 2398.90 39.80

Platinium $ 892.60 8.70

Nevada Copper, Proven and Probable

Nevada Copper Announces Planned Substantial Balance Sheet Strengthening, Provides Update On Progress Of Pumpkin Hollow Underground Mine Production Ramp-Up

Matt Gili, Chief Executive Officer, commented“This proposed financing package is expected to provide significant balance sheet strength and positions our business to weather this period of unprecedented market uncertainty. We are working with our financing partners to conclude these arrangements.”

He further commented: “Despite the significant macro headwinds, I am pleased to report continued production ramp-up from our Pumpkin Hollow Underground Mine. Whilst we are experiencing a longer than anticipated commissioning period, we are now delivering ongoing growth in concentrate production volumes as the mine continues to ramp-up towards commercial production. We are also seeing positive reconciliation of mined copper grades and definition drilling versus the resource model.”

INVESTOR RELATIONS

Rich Matthews

rmatthews@nevadacopper.com

Phone: (604) 683-8266

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