11 Nevada Copper Corp. Developing the Pumpkin Hollow Copper Deposit - Nevada’s Next Major Copper...

PUMPKIN HOLLOW – NEVADA’S NEXT COPPER MINE11

Nevada Copper Corp.

Nevada Copper Corp.

Developing the Pumpkin Hollow Copper Deposit - Nevada’s Next Major Copper Mine -

April, 2008TSX: NCU


Certain statements contained in this presentation constitute forward-looking statements. Such forward-looking statements involve a number of known and unknown risks, uncertainties and other factors which may cause the actual results, performance of achievements of the Corporation to be materially different from actual future results and achievements expressed or implied by such forward-looking statements. Investors are cautioned not to place undue reliance on these forward-looking statements.

This presentation describes “Measured”, “Indicated” and/or “Inferred” Resources. U.S. investors are advised that while such terms are recognized and required by Canadian regulations, the Securities and Exchange Commission does not recognize them. “Inferred Resources” have a great amount of uncertainty as to their existence and great uncertainty as to their economic feasibility. It cannot be assumed that all or any part of any inferred resource will ever be upgraded to a higher category. Exploration is an inherently risky proposition and investors are advised that most exploration projects fail to identify economic resources.

The Corporation has at present not confirmed the economic viability of any resources at the project. The company plans drilling programs and studies with the objective of confirmation of Copper and Iron deposits and ultimately completing a feasibility study to demonstrate the economics of the resources. Any historical estimates are not mineral reserves and do not have demonstrated economic viability and should not be relied upon.

Cautionary Note


Corporate Highlights

Stock Symbol:…..............................TSX: NCU

Shares Outstanding:.……..….........37.0 Million

Fully Diluted:………………………...45.8 Million**Options - 3.6 million @ $1.25 / Warrants – 5.2 million @ $1.80

Cash, March 15, 2008:….…..……...C$ 3.0 Million

Cash on exercise:.……………........C$13.8 Million

Market Cap/Cu Resource lb:……...C$0.011


Investment Highlights

100% Owned Pumpkin Hollow, Located in Nevada.

NI 43-101 Compliant Resource (Nov.’07): 7.9 Billion Pounds of Copper, 1.3 Million ounces of Gold, 57 million ounces of Silver and 144 million tons of Iron. ► Open Mineralization in Several Directions.

Significant Potential to Expand Resource.

Discovery Potential on Increased Land Position

Premier Permitting Site with Excellent Infrastructure.

Positive Preliminary Economic Assessment - March 2008.

Advanced Stage - Commence Feasibility Study in 2008.

Creation of a Mid-Tier, Well Managed Copper Company.


Nevada Copper Team

Giulio T. Bonifacio - President, CEO & Director

Joe Kircher - Vice President, COO & Director

Joe Chan - Vice President, CFO

Greg French - Project Manager

World Class Technical Team: Tetra Tech – Resource Estimate, Open Pit & Preliminary Assessment

The Mines Group – Permitting & Environmental

Golder Associates – Geotechnical

Water Management – Hydrology

RDI – Metallurgy and Processing

Hazen Research – Metallurgical

Dynatec – Underground Mining

Harma Associates – Iron Processing and Marketing


Location Map


Land PositionYerington

Pumpkin Hollow Property – 21 sq. Miles


1.9 Billion pounds of copper produced at 0.54% Cu grade; Anaconda Copper Mine - 1953 to 1978.

12 Billion pounds of copper found in other porphyry deposits in the district.

7.9 Billion pounds of copper at Pumpkin Hollow; a high grade large skarn associated with the cluster of porphyry deposits.

NCU holds a commanding land position in an exciting Copper District that hosts in excess of

20 Billion pounds of Copper.

District Summary


Yerrington

Tertiary volcanics

Cretaceous quartz monzonite

Jurassic Yerrington Batholith

Triassic-Jurassic Sedimentary& metavolcanic rocks

95

95

N

2000 meters

4000 feet

District Geology

MasonDistrict

Ann Mason Deposit810 Mt @???

(7.1 billion lbs. Cu)

Ludwig District

Produced ~700,000

tons3-5% Cu

McArthur Deposit29 Mt @0.2% Cu

(162 million lbs. Cu

Yerington PitProduced 165 Mt

@0.54% Cu(1.9 billion lbs. Cu)

Bear Deposit500 Mt @0.4% Cu

(4.4 billion lbs. Cu)

Blue Jay Mine

Pumpkin Copper780 Mt @0.50% Cu(7.9) Billion lbs. Cu


Project History - 1960 to 2001

Discovered 1960 by US Steel

Corporation.

Next 30 Years - Anaconda,

Cyprus, Conoco, delineates

large copper and iron resource.

590,000 feet (180,000 meters) of

drilling, metallurgy, mining,

economic studies completed.

US$50 Million in estimated

historical expenditures.

10

1970’s Drill Rigs

Core Sheds

Core Sheds


Core Processing Facility


Nevada Copper History

Acquired Project in 2005, Copper Price $1.40 per lb.

Aug.’2006 Resource Estimate - 6.1 Billion Pounds of Copper.

Nevada Copper goes public on TSX Venture - August 2006.

Nevada Copper lists on Toronto Stock Exchange - August 2007.

2007 - Infill & Step-Out Drilling: (62,000 feet/19,000 Meters).

Baseline Data Collection for Feasibility & Permitting Started in Q1 2007.

Nov.’2007 Updated Resource - 7.9 Billion Pounds of Copper.

Mar.’2008 – Positive Preliminary Assessment/Scoping.

12


The Copper Deposits

High Grade Underground

Copper Deposits

NORTH ZONE

SOUTH ZONE

EAST ZONE

SOUTHEAST

ZONE

2,000ft 3,000ft0ft

Outline of Patented Claims

(Note: Property extends off the map in all directions)

Copper - Iron Open Pit Deposits

JK-34 ZONE

E-2 ZONE


Increased drill program from 12,000 Meters to 19,000 Meters based on extremely successful in-fill and step out program.

East Deposit - Converted Inferred to Measured & Indicated, increased grade and added metal.

E2 - Converted Inferred to Measured & Indicated, increased

grade.

North Deposit - Converted Inferred to Measured & Indicated, converted waste to ore, added strike and metal.

South Deposit - Confirmed shallow high grade Cu/Au deposit.

2007 Drilling Highlights


2007 Measured Indicated & Inferred

Copper Cutoff Tons (000) Cu (%) Cu (lbs/000)

0.20 % 780,899 0.50 7,874,513

0.30 % 458,547 0.69 6,324,491

0.75 % 115,668 1.37 3,168,487

2006 vs. 2007 Cu ResourceNI 43-101 Compliant Estimate

2006 Measured Indicated & Inferred

Copper Cutoff Tons (000) Cu (%) Cu(lbs/000)

0.20 % 766,084 0.40 6,147,300

0.30 % 415,989 0.53 4,437,093

0.75 % 42,056 1.43 1,198,833

HIGHLIGHTS:

32% Increase in Copper Grade

44% Increase in Measured and Indicated Copper Resource

28% Overall Increase in Contained Copper


2007Category Tons (000) Cu (%) Cu(lbs/000) Gold (Oz.) Silver (Oz.)

Meas. & Ind. 342,735 0.58 3,967,688 635,000 26,643,000

Inferred 438,164 0.45 3,906,825 647,000 30,680,000

2007 Resource DetailNI 43-101 Compliant Estimate (0.2% Copper Cutoff)

Prepared in Nov.’07 by Tetra Tech MM Inc., an Industry Leading International Engineering Firm.

HIGHLIGHTS:

7.9 Billion Pounds of Contained Copper

Added 1.3 Million Oz. of Gold and 57 million Oz. of Silver

92% Increase in Iron to 144 Million Tons

2006Category Tons (000) Cu (%) Cu(lbs/000)

Meas. & Ind. 312,063 0.44 2,751,700

Inferred 454,021 0.37 3,395,600

6.1 Billion Pounds of Contained Copper plus 75 million tons of Iron Magnetite.


2006 vs. 2007 : At 0.75% cutoff M&I increased 303% to 1.2 billion pounds from 301 million pounds. In all categories increased 168% to 1.85 billion pounds from 690 million pounds.

East and E2 UndergroundNI 43-101 Compliant Estimate

2007 Measured & Indicated

Cu Cutoff Tons (000) Cu (%) Cu (lbs/000) Au Oz Ag Oz

0.75 % 41,592 1.46 1,214,000 167,000 5,106,000

1.00 % 26,108 1.81 947,000 128,000 3,562,000

1.40 % 13,555 2.41 653,000 83,000 2,125,000

2007 Inferred

Cu Cutoff Tons (000) Cu (%) Cu(lbs/000) Au Oz Ag Oz

0.75 % 25,333 1.25 634,000 90,000 2,926,000

1.00 % 13,671 1.59 434,000 59,000 1,765,000

1.40 % 5,354 2.25 240,933 31,000 814,000


North & South Open PitNI 43-101 Compliant Estimate

2007 Measured & Indicated

Cu Cutoff Tons (000) Cu (%) Cu (lbs/000) Au Oz Ag Oz

0.20 % 161,964 0.51 1,666,216 278,000 12,211,000

0.30 % 104,228 0.68 1,430,626 224,000 8,953,000

0.40 % 75,357 0.82 1,231,800 186,000 7,065,000

2007 Inferred

Cu Cutoff Tons (000) Cu (%) Cu(lbs/000) Au Oz Ag Oz

0.20 % 230,838 0.44 2,022,429 336,000 16,148,000

0.30% 116,338 0.63 1,460,355 230,000 11,892,000

0.40% 73,333 0.80 1,170,554 180,000 6,812,000


2007

Measured & IndicatedIron Cutoff Tons (000) Iron (%) Tons (000) Cu %

10 % 191,008 27.8 53,154 0.28

20 % 119,755 35.9 42,956 0.31

30 % 76,235 42.2 32,152 0.31

Inferred ResourcesIron Cutoff Tons (000) Iron (%) Tons (000) Cu %

10 % 465,337 19.6 91,363 0.23

20 % 135,144 34.1 46,097 0.37

30 % 74,474 42.1 31,349 0.44

Iron resources amenable to open-pit mining methods in the North and South Deposits. Metallurgical test-work has demonstrated amenability of generating marketable pellet feed.

1996: $ 28 per metric ton iron pellet feed.

2007: > $ 100 per metric ton iron pellet feed.

19

2007 Iron ResourceNI 43-101 Compliant Estimate


Resource - 3D


N

1500 FEET

48,000 N

56,000 N

50,0

00 E

58,0

00 E

54,0

00 E

52,000 N

Open Targets/ Step-out

JK-34

E-2 Deposit

Open Mineral

Directions

East Deposit

KM-12

E91-1

North Deposit

North down Dip

Southeast Deposit

West East Extensions

NortheastShallow

South Deposit

South Up-dip

Northborder

Southwest extension

Sec 11


N

1500 FEET

48,000 N

56,000 N

50,0

00 E

58,0

00 E

54,0

00 E

52,000 N

Exploration Targets

E-2 -Section 11

JK-34

E-2 Deposit

Open Mineral

Trends & Anomalies

East Deposit

FG-20

North Deposit

Southeast Deposit

NorthwestMagneticAnomaly

South Deposit

Between North & South

East Ground Magnetic

Sec 11

SoutheastStrike & dip


STARTED IN JANUARY

2008 DRILL PROGRAM


Premier Development Site

Pumpkin Hollow Site


Yerington - Full Services

Ideal Development Site

R&

R 1

0 M

iles

Mining Friendly Nevada

98% of the Resource on Private Ground

Paved Road

Power line


Site Layout - Conceptual

Concentrator

Overburden Repository

Dewatered Tailings


Mine Profile

Integrated open pit and underground

operation.

Throughput, 60,000/tpd, 88% open pit,

12% underground.

Single copper concentrator,

conventional floatation circuit.

Producing an Average of 95,000 tons

of copper per year.

Gold, silver and iron by- products

Mine life 20-30 years.

27


Operating Characteristics

* Includes dewatering cost

Open Pit 52,500 tons per day

Truck and Shovel Mining

Avg. 2.9:1 waste/ore Ratio

432,000,000 tons Ore

Cu equiv. Grade 0.62%

$0.99/ton Mining Cost*

$4.96/ton Milling Cost

24 Year Mine Life

7,500 tons per day

Bulk Long-hole Mining

Shaft Access

28,000,000 tons Ore

Cu equiv. Grade 1.82%

$17/ton Mining Cost*

$4.96/ton Milling Cost

14 Year Mine Life

Underground


Open Pit Excavations

South Deposit

North Deposit


Underground – East & E-2


Preliminary Economics Financial highlights:

(In Millions of US Dollars and Imperial Units)

CU Price ($/lb)

Base Case Alternative Case

Variable @

$1.75 $2.50 $3.00

Variable @ $1.75 $2.50 $3.00

NPV @ 4 % $ 1,381 $ 2,143 $ 3,396 $ 863 $ 1,623 $ 2,876

NPV @ 8 % $ 765 $ 1,086 $ 1,918 $ 531 $ 851 $ 1,684

IRR (Incl. contingency) 23.8% 20.5% 29.3% 22.9% 19.7% 29.0%Capital (Incl. contingency & working capital) $ 780 $ 780 $ 780 $ 780 $ 780 $ 780

Payback (years) 3.1 4.8 3.6 3.1 4.8 3.6

(1) Recoveries: 89% Cu; 70% Au; 68% Ag; 81% Fe(2) Base Case: Operating Cost of $1.02/lb, net of by-product credits(3) Alternative Case – No Iron: Operating Cost of $ 1.29/lb, net of by-product credits


7,500 ton per day mine.

Capital: $270 Million / Incl. Working Capital & Contingency

14 Year Mine Life / Payback 4.5 Years

19% IRR & $220 Million NPV @8% / $415 Million NPV @ $3.00 Cu.

Significant upside in Grade and tonnage to be tested in 2008.

Underground Only


Shallow Open Pit Deposit Extensions in the North, South and

Southeast.

Deposit Extensions in the high grade East and E2 extending mine

life and improving Year 1-5 grade.

Iron Deposit Expansion and Detailed Evaluation.

Grade Increase’s in all Deposits with additional Infill and Step-out

Drilling.

Gold, Silver and Moly Additions from Re-Assay Program.

Green Fields “DISCOVERY” Potential Is Huge.

Value Drivers/ Upside


2008 2009 2010 2011 2012

Description1st Q 2nd Q 3rd Q 4th Q 1st Q 2nd Q 3rd Q 4th Q

In-Fill, Step Out and Exploration Drilling

Re-Assay Program

Updated Resource & Feasibility

Permitting

Exploration Pre-Development

Surface Construction

Production

Preliminary Project Timeline


2008 Results Oriented Aggressive Drilling Program - In-Fill, Step

Out & Exploration.

Assay Program - Continue Historic Drill Hole assaying program for copper, gold, silver & Moly (Completed 5,300 Meters/

85 Drill Holes).

Steady News Flow - 2008 Drilling Results/ Other.

Commence Bankable Feasibility Study in 2008.

Updated Resource - Late 2008.

Market Catalysts


Peer Group ComparablesMarket Value per pound of Copper in situ (Cents per lb)

* Feasibility / ** Acquired / *** Scoping/PEA

Market Comparables @ March 28, 2008

Peer Group Average: 3.8 cents per pound Copper

Industry Average: Plus 5 cents per pound Copper

3.43.93.9

4.5

Peru Copper**Northern Peru **Augusta Resources* Norsemont ***

3.3

1.1Nevada Copper ***

Chariot *

3.8 Average0

1

2

3

4

5

Norsemont Augusta NorthernPeru

PeruCopper

Chariot NevadaCopper

4.53.9 3.9

3.33.4

1.1


The following pages present cross sections,photos and 3 D Models of the:

East, E-2 and North Deposits.

Deposit Geology Section


Underground Deposits


Copper Deposits

NORTH ZONE

SOUTH ZONE

EAST ZONE

SOUTHEAST ZONE

2,000ft 3,000ft0ft

Outline of Patented Claims (Note: Property extends off the map in all directions)


JK-34 ZONE

E-2 ZONE


East Deposit E-2 Deposit

East Deposit View

South Deposit

Looking East


East & E2 Resource – 3D


400 FEET

N

NC07-21OPEN

NC07-5

NC07-8

NC07-2

NC07-14

54600N

54200N

53400N

East Deposit – Plan View

Nevada Copperdrill holes

Historic drill holes

OPEN

EAST DEPOSIT

OPEN

Patented property outline only

Nov.’07 43-101 Resource: 50.8 Million tons @

1.38% Copper

@ 0.75% copper cutoff

0ft 2000ft

EAST

DEPOSIT


East Section - 54600N

SECTION 49600N

SECTION 54600N

EAST

5800 feet

3500

fee

t

EAST

E2


0ft 2000ft

43

4800’

3600’

3000’

2400’

NC07-5 NC07-21

HJ-11

39’2.59% Cu

6’2.38% Cu

6’2.89% Cu

J-11

5’2.58% Cu

9’4.74% Cu

40.5’4.08% Cu

57’2.33% Cu

19’2.37% Cu

10.5’5.0% Cu

20’2.10% Cu

2’2.03% Cu

15’2.24% Cu5’

2.03% Cu

87’2.76% Cu

56’4.34% Cu

3.5’2.3% Cu

57.5’3.34% Cu

JK-12

KM-12

Section shortened forvisual efficiency

19’2.37% Cu

Mes

ozo

ic

ConglomerateTertiary volcanicsLimestone, MarbleHornfelsMagnetite skarnCal-silicate skarnIntrusive+ 1% Cu+ 2% Cu

Trace of drill holeIntersected length of Mineralization in feet, %Cu

8’4.59% Cu

400 FEET

4600’3800’

Note: Assays <1% not plotted

Patented Property Outline only NC07 – 540.5 feet @ 4.08% Cu10.5 feet @ 5.00% Cu57.5 feet @ 3.34% Cu

NC07 – 2120 feet @ 2.10% Cu87 feet @ 2.76% Cu56 feet @ 4.34% Cu


EAST

DEPOSIT


East Section – 53400N

SECTION 49600NSECTION 53400N


19’2.37% Cu

Mes

ozo

ic


Trace of drill holeIntersected length of Mineralization in feet, %Cu



400 FEET 1800’

2400’

3000’

3600’

4000’4600’

4800’

57800E55400E

NC07-14

111’3.31% Cu

116.2’3.08% Cu

28’3.89% Cu

36’5.04% Cu

44’2.75% Cu

JK-19KM-20

M-20

C-12C-6

C-8


E-2 Section – 49600N

SECTION 49600NE2

5800 feet

3500

fee

t

EastE2


E-2 Section - 49600N

400 FEET1800’

3800’4600’

4800’

58000E

NC07-23

63’2.29% Cu

145’2.44% Cu

115’4.45% Cu

135’2.66% Cu

C-11

3200’

2000’

2600’

56000E

C-13

KM-45

KM-44

M-44

19’2.37% Cu Trace of drill hole

Intersected length of Mineralization in feet, %Cu


Mes

ozo

ic

Tertiary volcanicsLimestone, MarbleHornfelsMagnetite skarnCal-silicate skarnIntrusive+ 1% Cu+ 2% Cu

>0.3% Cu

E-2


Open Pit Deposits


Copper Deposits

NORTH ZONE

SOUTH ZONE

EAST ZONE

SOUTHEAST ZONE

2,000ft 3,000ft0ft

Outline of Patented Claims (Note: Property extends off the map in all directions)


JK-34 ZONE

E-2 ZONE


North Deposit View

Looking North

North Deposit

Office


North Deposit – 3D


North Section – 47700E

SECTION 47700E

North

4500 feet

2000 fe

et





Mes

ozo

ic

Tertiary volcanicsLimestone, MarbleHornfelsMagnetite skarnCal-silicate skarnIntrusive+ 1% Cu+ 2% Cu

>0.3% Cu

North Section - 47700E

400 FEET

4800’

52500N

4000’

2800’

3400’

53000N53500N54000N54500N

NC07-9USS-7999-799-6

USS-70

USS-76

USS-41

99-4

99-2

USS-95

USS-46

99-3

42’2.49% Cu

115.5’2.51% Cu

109.9’3.22% Cu

24.9’3.38% Cu 12.5’

2.53% Cu

North





Mes

ozo

ic


North Section - 47900E

400 FEET

4800’

53000N

4000’

2800’

3400’

53500N54000N54500N54500N

NC07-1USS-56 USS-96 USS-34

USS-43

USS-46

USS-88

99-1

USS-70

USS-88

USS-48

USS-76

52500N

342’@ 2.03%

North


Nevada Copper Corp.

Nevada Copper Corp.

Developing the Pumpkin Hollow Copper Deposit - Nevada’s Next Major Copper Mine -

January, 2008TSX: NCU

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11 Nevada Copper Corp. Developing the Pumpkin Hollow Copper Deposit - Nevada’s Next Major Copper...

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