Nevoro has acquired all of issued and outstanding shares of Sheffield Resources Ltd. Sheffield’s principal asset is the Moonlight copper-gold-silver project in northeastern California

Moonlight is situated in the Lights Creek mineral district at the northern terminus of the Walker Lane mineral belt. The Lights Creek mineral district is the second most productive copper region in California and is known for many high-grade copper-gold-silver mines.

In the 1960s, Placer Amex completed US$6 million worth of exploration (equivalent to approximately US$35 million in today’s dollars) that included 43,000 m of diamond drilling. Placer Amax held the project from 1971 until 1994 when the company’s focus shifted to gold.

Moonlight has current NI 43-101 compliant indicated resources of 161.57 million tons averaging 0.324% Cu (at 0.2% cutoff), 0.003 oz/ton Au and
0.112 oz/ton Ag, plus inferred resources of 88.35 million tons averaging 0.282% Cu, 0.003 oz/ton Au and 0.089 oz/ton Ag. 

Moonlight has four advanced- and three exploration-stage targets for evaluation. Nevoro intends to initiate exploration at Moonlight following the closing of the Sheffield acquisition on or before July 31, 2008.


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