Nevada Copper Update on Lyon County Land Bill
12 Maggio 2014 - 2:45PM
Marketwired
Nevada Copper Update on Lyon County Land Bill
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 12, 2014) -
Nevada Copper Corp. (TSX:NCU) ("Nevada Copper" or "Company") is
pleased to provide an update on the Lyon County Economic
Development and Conservation Act (the "Lyon County Land Bill", or
"the Bill") related to its 100% owned Pumpkin Hollow copper project
located in Yerington, Nevada.
The Lyon County Land Bill has achieved yet another significant
milestone. The U.S. Senate has published its Senate
Calendar/General Orders which officially lists the Lyon County
Economic Development and Conservation Act (Senate bill S. 159) as
ready for Senate floor action:
(See Link
http://www.gpo.gov/fdsys/pkg/CCAL-113scal-2014-05-05/html/CCAL-113scal-2014-05-05-pt6.htm)
This recent development is considered a very important
procedural step which will allow the Lyon County Land Bill to be
brought to the floor of the Senate. Subject to scheduling amongst
other Senate business, the Bill can now be brought to the floor of
the Senate for a vote at any time. The Senate will be in session
for May and June.
With the Senate Energy and Natural Resources Committee
recommending passage, and having the full support of both Senator
and Majority Leader Harry Reid (D) and Senator Dean Heller ®, we
fully expect the Bill to be passed by the Senate.
Giulio Bonifacio, President and CEO, stated: "This recent
development advances the land bill one step closer to passage. The
passage of the land bill by the 113th Congress is
critical to the economy of Yerington and Lyon County as they
continue to suffer unnecessarily from chronic
unemployment."
On the House side, as previously reported on January 28, 2014,
the House of Representatives, Committee on Natural Resources held a
"mark-up" meeting on H.R. 433, the "Northern Nevada Land
Conservation and Economic Development Act." That bill combined
seven (7) separate land bills for northern Nevada that have all had
Subcommittee hearings in the House. The "Lyon County" bill (H.R.
696) is included as Title II of H.R. 433, the combined bill.
In communications with Senator Reid, Senator Heller, Congressman
Mark Amodei and Congressman Stephen Horsford, Lyon County, the City
of Yerington and Nevada Copper have been advised that this Bill is
one of their top priorities and that they are working very hard to
complete the procedural steps in the House and the Senate to get
the Nevada bills passed.
NEVADA COPPER CORP. |
|
Giulio T. Bonifacio, President & CEO |
We seek safe harbor.
Eugene ToffoloVP, Investor Relations & CommunicationsPhone:
604-683-8266Toll free: 1-877-648-8266Email:
etoffolo@nevadacopper.comRobert McKnight, P.Eng., MBAExecutive Vice
President & CFOPhone 604-683-1309Email:
bmcknight@nevadacopper.com
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