Tintina Resources Completes Preliminary Economic Assessment on Johnny Lee Deposit

Tintina Resources (TSXV:TAU) announced the encouraging results of a Preliminary Economic Assessment at its wholly owned Black Butte Copper Project. The project consists of private ranch lands containing the high-grade copper-cobalt-silver Johnny Lee deposit, which was the focus of the PEA.

As quoted in the press release, highlights included:

• Undiluted Indicated mineral resource of 8.48 million tonnes (Johnny Lee deposit only)
  • 2.96% copper
  • 0.12% cobalt
  • 16.9 g/t silver
  • 0.008 g/t gold

• Undiluted Inferred mineral resources of 3.72 million tonnes (Johnny Lee deposit only)
• 4.01% copper
• 0.07% cobalt
• 8.9 g/t silver
• 0.23 g/t gold

Rick Van Nieuwenhuyse, Executive Chairman of Tintina stated:

This preliminary study shows the economic viability of the high grade Johnny Lee copper deposit – the first deposit we expect to be developed in a district which Management feels has excellent exploration potential. This study sets the stage for feasibility level work, scheduled to begin in the coming months. The Black Butte resource is located entirely on private lands with excellent infrastructure and we have found Montana to be a mining friendly and safe jurisdiction to do business. We have developed a good working rapport with State regulators and look forward to advancing Black Butte to the permitting stage.

 

Click here to view the press release.