Tintina Resources - Black Butte Copper Project Update
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VANCOUVER, Sept. 1, 2015 /CNW/ - Tintina Resources Inc. ("Tintina" or the "Company") (TSX.V:"TAU"; OTCQX: "TINTF") is pleased to provide an update on project work and announce the release of a short film. The film provides background and information on how the Tintina team is developing the Black Butte Copper Project - highlighting the benefits of a 21st century underground mining operation in Montana and what it means for the community.
Tintina reports that detailed studies and evaluation of the project are ongoing and these continue to provide critical data for the upcoming Mine Operating Permit (MOP) application, and will submit the application to the Montana Department of Environmental Quality (DEQ) later this year.
The Company is completing design level studies for all surface works related to the project including the underground mining, hydrological and closure plans. Data from these detailed studies will support completion of the previously announced pre-feasibility economic study, which has been postponed until later in the permitting process. A full feasibility study will coincide with the Company seeking project financing.
Tintina has released a short film entitled: "The Black Butte Copper Project - Working Together" (http://www.tintinaresources.com/our-community/tintina-presents-the-black-butte-copper-project-working-together & https://youtu.be/sNXf2nfxh5E). The film highlights the Tintina team and local residents explaining the environmental safeguards and economic benefits that a modern copper mine would bring to central Montana as well as for all Montanans. The Company has upgraded its website (www.tintinaresources.com) to provide detailed information on the project in preparation for the Company's application for the MOP.
Bruce Hooper, CEO, stated, "We are pleased to provide an update on the permitting application, announce the debut of the Black Butte Copper Project film and share our upgraded website to demonstrate the community benefits of our proposed high quality underground mine. Please come and visit us on our tour days, the first of every month, to see how we are doing it right".
ABOUT TINTINA RESOURCES INC.
Tintina Resources Inc. is a growth company focused on the exploration, development, and mining of its 100% owned flagship property, the Black Butte Copper Project in central Montana, USA. The Company is led by a highly experienced executive management team that has a successful track record of building shareholder value through exploration, corporate finance, and mine development.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward-Looking Statements: Certain disclosures in this release constitute "forward-looking information" within the meaning of Canadian securities legislation, including statements regarding the Company's plans for advancing the Black Butte Copper Project and expected outcomes. In making the forward-looking statements in this release, the Company has applied certain factors and assumptions that the Company believes are reasonable, including that results of exploration and development activities are consistent with management's expectations. However, the forward-looking statements in this release are subject to numerous risks, uncertainties and other factors relating to Tintina's operation as a mineral exploration and development company and the Black Butte Copper Project that may cause future results to differ materially from those expressed or implied in such forward-looking statements, including the risks that results of exploration and development activities will not be consistent with management's expectations. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Readers are cautioned not to place undue reliance on forward-looking statements. Tintina does not intend, and expressly disclaims any intention or obligation to, update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law.
SOURCE Tintina Resources Inc.
Contact
Tintina Resources Inc., Mr. Bruce Hooper, President and Chief Executive Officer, (604) 628-1162, Email: info@tintinaresources.com