Investors Hangout Stock Message Boards Logo
  • Mailbox
  • Favorites
  • Boards
    • The Hangout
    • NASDAQ
    • NYSE
    • OTC Markets
    • All Boards
  • Whats Hot!
    • Recent Activity
    • Most Viewed Boards
    • Most Viewed Posts
    • Most Posted
    • Most Followed
    • Top Boards
    • Newest Boards
    • Newest Members
  • Blog
    • Recent Blog Posts
    • Recently Updated
    • News
    • Stocks
    • Crypto
    • Investing
    • Business
    • Markets
    • Economy
    • Real Estate
    • Personal Finance
  • Market Movers
  • Interactive Charts
  • Login - Join Now FREE!
  1. Home ›
  2. Stock Message Boards ›
  3. User Boards ›
  4. Junior Mining Companies Research Message Board

TSX: NCU SENATORS REID AND HELLER INTRODUCE LAN

Message Board Public Reply | Private Reply | Keep | Replies (0)                   Post New Msg
Edit Msg () | Previous | Next


Post# of 130
Posted On: 12/22/2012 10:28:17 AM
Avatar
Posted By: Lmcat


TSX: NCU


SENATORS REID AND HELLER INTRODUCE LAND BILLS TO U.S. SENATE



December 21, 2012 - Nevada Copper Corp. (TSX: NCU) ("Nevada Copper") is pleased to announce that Senator Harry Reid and Senator Dean Heller have introduced the Lyon County Economic Development and Conservation Act into the U.S. Senate.



This legislation incorporates the Yerington Land Conveyance and Sustainable Development Act, in its original form that was introduced in both the U.S. House of Representatives and the U.S. Senate earlier this year.  That bill was passed by the House in June 2012 and the Senate bill was pending a hearing.



Timothy M. Dyhr, Vice President, Environment and External Relations, commented, “We are very pleased that this revised bill has now been introduced and can be acted upon at any time.  There are several critical bills being considered in the lame duck session of Congress, and high priority actions like this are often combined for passage before Congress adjourns.”



The primary difference between this bill and the previous bill was the inclusion of a wilderness component, referred to as Wovoka, approximately 20 miles from Pumpkin Hollow.  Local wilderness advocates, with support from state and national wilderness groups, and from Senator Reid, have sought wilderness designation here for over five years. This time Senator Reid asked local stakeholders, including Lyon County and City of Yerington, to develop a compromise proposal with local input and support so that this matter could finally be resolved.



Lyon County, the City of Yerington and Nevada Copper have worked intensely over the past three months to develop a compromise that designates a compromise wilderness area, yet protected existing grazing, public access, mining uses as well as priority needs for the area.



Senator Reid and Heller have issued a joint press release in support of the combined bill:



http://www.reid.senate.gov/newsroom/pr_122012...county.cfm



http://heller.senate.gov/public/index.cfm/pre...882aa15a61



Senator Harry Reid stated; “ My father was a miner. I’ve worked in the mines. I know how important mining has always been for the state of Nevada, and for the first time in a long time Yerington is going to benefit from mining, I am very happy to be part of this legislation which will create lots of jobs in Lyon county, which are so desperately needed. This bill also designates the Wovoka wilderness area, a place with special cultural and natural resources that are worthy of a high level of protection so future generations can continue enjoying them. It’s a bill that’s going to meet the needs of modern day Nevada.”



Senator Dean Heller stated; “ Lyon County has the highest unemployment rate in the state and this legislation will bring more than 800 jobs to the area. Mining is a critical component of Nevada’s economy and we are fortunate to have resources in our own backyard for economic development. This legislation is the result of the hard work of Lyon County, Yerington, and all the local residents who came together to get the deal done. There is no doubt that this bill will provide some much-needed relief at a time when Nevadans are desperate for jobs .”.




Nevada Copper looks forward to passage of this bill.  However, as previously stated, the company continues to work toward receipt of State permits by the end of the first quarter of 2013.  Nevada permit applications were submitted in July 2012 for both a Stand-Alone High Grade Underground mine and mill located entirely on private land; and, Integrated Operation and single process facility.  Nevada Division of Environmental Protection recently met with Nevada Copper to review the proposed project and has provided its technical comments on the Water Pollution Control Permit.  Responses to those comments will be submitted in mid-January 2013.




NEVADA COPPER CORP.




Giulio T. Bonifacio, President & CEO




(0)
(0)








Investors Hangout

Home

Mailbox

Message Boards

Favorites

Whats Hot

Blog

Settings

Privacy Policy

Terms and Conditions

Disclaimer

Contact Us

Whats Hot

Recent Activity

Most Viewed Boards

Most Viewed Posts

Most Posted Boards

Most Followed

Top Boards

Newest Boards

Newest Members

Investors Hangout Message Boards

Welcome To Investors Hangout

Stock Message Boards

American Stock Exchange (AMEX)

NASDAQ Stock Exchange (NASDAQ)

New York Stock Exchange (NYSE)

Penny Stocks - (OTC)

User Boards

The Hangout

Private

Global Markets

Australian Securities Exchange (ASX)

Euronext Amsterdam (AMS)

Euronext Brussels (BRU)

Euronext Lisbon (LIS)

Euronext Paris (PAR)

Foreign Exchange (FOREX)

Hong Kong Stock Exchange (HKEX)

London Stock Exchange (LSE)

Milan Stock Exchange (MLSE)

New Zealand Exchange (NZX)

Singapore Stock Exchange (SGX)

Toronto Stock Exchange (TSX)

Contact Investors Hangout

Email Us

Follow Investors Hangout

Twitter

YouTube

Facebook

Market Data powered by QuoteMedia. Copyright © 2025. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges).
Analyst Ratings & Earnings by Zacks. RT=Real-Time, EOD=End of Day, PD=Previous Day. Terms of Use.

© 2025 Copyright Investors Hangout, LLC All Rights Reserved.

Privacy Policy |Do Not Sell My Information | Terms & Conditions | Disclaimer | Help | Contact Us