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UPDATE: NovaCopper Reports Remaining Drill Results from 2012 Exploration Program at South Reef Zone; Stocks Down 2%

NovaCopper Inc. (NCQ.TO) announced the remaining results from exploration diamond drilling on the South Reef Zone of the Bornite Property, one of its Upper Kobuk Mineral Projects located in the Ambler mining district of Northwest Alaska.

Rick Van Nieuwenhuyse, CEO, said: "The 2012 drilling campaign confirmed our previous expectations that we have discovered a substantial copper deposit containing high-grade copper mineralization over significant widths."

NCQ went down by 2% to $1.98 on volumes of over 8,000.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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