Senators Reid and Heller Introduce Land Bills to U.S. Senate
December 21 2012 - 8:00AM
Marketwired
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_reid-heller-intro-mining-wilderness-lyon-county.cfm
http://heller.senate.gov/public/index.cfm/pressreleases?ID=9e480a32-4a17-4360-b6f9-4f882aa15a61
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
We seek safe harbor.
Contacts: Nevada Copper Corp. Eugene Toffolo VP, Investor
Relations & Communications 604-683-8266 or Toll free:
1-877-648-8266etoffolo@nevadacopper.com Nevada Copper Corp. Robert
McKnight, P.Eng. Executive Vice President & CFO
604-683-1309bmcknight@nevadacopper.com www.nevadacopper.com
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