low volume , page-2

Hiall

Received from Nevada Copper this morning, thought it may interest, should be read with the grey map PMH use often in their releases to show the Ann Mason and other site locations -

December 16, 2008 - Nevada Copper Corp. (TSX: NCU) ("Nevada Copper" or “Company”) is pleased to announce ongoing success in confirming continuity and expanding the Company’s North Deposit at its Pumpkin Hollow Iron Oxide Copper Gold (IOCG) Development Property located in Nevada. Drill results reported here represent results from the Company’s recently completed 2008 drilling program which totaled over 26,000 meters of resource, geotechnical and hydrological drilling. To date, results from 36 of 73 holes drilled have been received and reported with further drilling results pending.

An updated resource estimate to incorporate over 26,000 meters of drilling and 16,000 meters of historic core that was assayed for gold, silver and molybdenum is scheduled for completion by the first quarter of 2009. Management expects the updated resource estimate to measurably expand based on extremely positive results received to date.

Drill holes NC08-15, 22, and 24 were drilled in the open pittable North Deposit as infill holes to establish continuity and convert inferred resources to measured and indicated resources. The holes encountered several large zones of open pittable grade mineralization. The largest copper zone encountered was in hole NC08-22 which intersected 80.0 meters (262.5 ft) averaging 1.15% copper. Also, infill drill hole NC08-24 was significant in that it intersected five zones of mineralization (> 0.3% copper) with an aggregate thickness of 121.2 meters (398 ft). The largest of these zones measured 41.0 meters (134.5 ft) averaging 0.40% copper.

Equally important, step out drill hole NC08-12 intersected 30.8 meters (101 ft), averaging 0.59% copper, demonstrating that the North deposit remains open to the east. The copper resource in the North Deposit as of October, 2007 stood at 2.4 billion pounds of copper at a 0.2% cutoff. NC08-12 was drilled 60 meters to the northeast of USS-80 (28 meters averaging 0.41% copper), which at the time was the furthest eastern drill hole. Drilling in 2009 is planned to follow-up on this exciting resource expansion opportunity.

A plan map showing the recent drill holes is available at http://www.nevadacopper.com/i/pdf/NC-01-0002-20081125.pdf. Drill results announced here represent true thicknesses.

NORTH DEPOSIT – Open Pit: Assays greater than 0.3% Cu
Drill Hole # From
(m) To
(m) Length
(m) Length
(ft) Copper
(%) Gold
(g/t) Silver
(g/t) Mo
(%)
NC08-12 198.1 204.2 6.1 20.0 0.593 0.052 1.9 0.003
217.9 231.6 13.7 45.0 0.800 0.052 2.0 0.003
239.4 270.2 30.8 101.0 0.592 0.076 2.2 0.006
278.1 283.0 4.9 16.0 1.317 0.087 3.8 0.008
NC08-15 87.5 89.0 1.5 5 1.067 0.044 3.4 0.004
(-75o) 187.1 189.7 2.6 8.5 0.558 0.017 2.7 0.012
217.5 223.9 6.4 21 0.314 0.014 1.3 0.007
299.6 312.9 13.3 43.5 0.409 0.041 1.7 0.003
389.5 397.1 7.6 25 0.506 0.049 1.7 0.008
406.3 411.8 5.5 18 0.313 0.039 1.0 0.002
441.3 485.5 44.2 145 0.328 0.040 1.2 0.003
NC08-22 176.8 190.5 13.7 45.0 0.310 0.014 1.1 0.006
254.7 334.7 80.0 262.5 1.150 0.083 4.3 0.007
including 256.0 279.8 23.8 78.0 2.074 0.111 7.4 0.008
365.8 371.2 5.4 18.0 0.393 0.139 1.9 0.006
424.6 436.8 12.2 40.0 0.359 0.068 1.7 0.004
NC08-24 192.9 219.7 26.8 88.0 0.523 0.030 2.3 0.012
238.7 258.5 19.8 65.0 0.391 0.025 0.8 0.007
278.3 297.9 19.6 64.5 0.541 0.018 1.1 0.006
321.0 362.0 41.0 134.5 0.403 0.027 0.9 0.009
390.4 404.4 14.0 46.0 0.651 0.044 1.8 0.003