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Sandfire Resources America Inc V.SFR

Alternate Symbol(s):  SRAFF

Sandfire Resources America Inc. is a Canada-based junior exploration company. The Company is focused on the exploration, development, and mining of its 100% owned flagship property, the Black Butte Copper Project in central Montana, the United States. The Black Butte Copper Project is located approximately 17 miles north of White Sulphur Springs and includes the Johnny Lee Deposit, which contains a copper concentration. The Black Butte Copper Project is an underground mine. This project uses state-of-the-art technology and modern techniques to mine high-grade copper. The Company is an 86.9% subsidiary of Sandfire Resources Ltd.


TSXV:SFR - Post by User

Post by manderson29on Mar 19, 2012 11:58am
401 Views
Post# 19689805

New Tintina Inferred Copper Resource

New Tintina Inferred Copper Resource

Tintina Reports New Inferred Copper Resource at Black Butte, Montana

intina Resources Inc. (“Tintina” or the “Company”) (TSX VENTURE:TAU)(OTCQX:TINTF) is pleased to announce that it has completed a NI 43-101 compliant initial inferred resource estimate on the Lowry Deposit Middle Zone, one of several new targets identified at the company’s Black Butte Copper Project (“Black Butte”) located in Central Montana, USA (see Figure 1 – 3). The addition of the Lowry Deposit Middle Zone as a NI 43-101 compliant resource continues to demonstrate the exploration upside of the Black Butte Copper Project mineral system.

To view Figures 1-3, please visit: https://file.marketwire.com/release/Black-Butte-Copper-Project.pdf.

Highlights:

  • The Lowry Deposit Middle Zone contains an Inferred Resource of 5.14 MMT grading 2.60% Cu, 0.12% Co, 0.009 g/tonne Au and 14.6 g/tonne Ag at a 1.6% Cu cut-off grade.
  • Current total NI 43-101 Compliant Resources are 623 million lbs of Inferred Copper Resource and 553 million lbs of Indicated Copper Resource.
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