Sandfire Resources America Inc. is proud to announce the necessary permits to appropriate water for the Black Butte Copper Project have been issued by the State of Montana Department of Natural Resources and Conservation . The permits issued by the DNRC authorize the Company to divert groundwater for use in the mining of the Johnny Lee copper [...]
Sandfire Resources America Inc. is pleased to report diamond drill results of the successful 2021-2022 Lowry Resource Definition core drilling program on its Black Butte Copper Project. Between September 2021 and March 2022, the company completed sixteen new core holes for 8,936 meters of core. Drilling Highlights Highlights of the Lowry Zone [...]
Sandfire Resources America announces that the District Court has issued an order on remedies that will allow Phase I Construction of the Black Butte Copper Project to be completed under the existing permit. Jerry Zieg, Senior Vice President, stated, “Although we continue to strongly disagree with the Court’s initial April 8th Order, we are pleased [...]
Sandfire Resources America Inc. announces that it has entered into a variation agreement to its bridge loan agreement with Sandfire BC Holdings, the Company's largest shareholder, and Tintina Montana, a wholly-owned subsidiary of the Company. Pursuant to the Variation, the amount available to be borrowed under the Bridge Loan will be increased from [...]
Sandfire Resources America Inc. announces results of the state District Court Legal Challenge related to its Mine Operating Permit. On July 16, 2021, District Court Judge Bidegaray heard oral arguments for summary judgment from plaintiffs and defendants regarding a legal complaint filed on June 4, 2020 by the plaintiffs claiming to represent the [...]
Sandfire Resources America Inc. announces that Mr. Lincoln Greenidge has been appointed as the new Chief Financial Officer of the Company. Over the past three decades Mr. Greenidge has worked for such companies as Coopers & Lybrand, Nortel Networks, MDS, Associated Brands, IAMGOLD, HudBay Minerals, Enirgi Group, LeadFX, LSC Lithium, and Pasofino [...]
Sandfire Resources America Inc. announces that at its Annual General Meeting of Shareholders held on December 9, 2021, Sandfire America's disinterested common shareholders approved the adoption of its proposed Omnibus Share Incentive Plan . The Plan is fully described in the Company's management information circular dated November 1, 2021 . The [...]
Sandfire Resources America Inc. announces that it has entered into a bridge loan agreement with Sandfire BC Holdings Pty Ltd. , the Company's largest shareholder, and Tintina Montana Inc., a wholly-owned subsidiary of the Company . Pursuant to the Agreement, among other things, Sandfire BC will lend an aggregate of up to US$12.0 million to Tintina [...]
Sandfire Resources America Inc. is pleased to advise that it has taken another important step in advancing its fully permitted Black Butte Copper Project in Central Montana with the acquisition of a key property covering the proposed surface infrastructure. Tintina Montana Inc., a wholly owned subsidiary of [...]
Sandfire Resources America Inc. further to its news release dated May 27, 2021, is pleased to report final comprehensive drill results of the winter 2021 exploration core drilling program, with four of the nine exploration holes returning intercepts of greater than 1.2% copper. The Company has also entered into a contract with American Drilling [...]
Sandfire Resources America Inc. is pleased to provide an update on its winter 2021 exploration core drilling program , including the initial drill results for hole SC21-256 which intercepted 12.45m of 3.4% copper and 6.5 g/t silver in the Lowry Lower Zone which includes a core intercept of 4.65m of 6.0% copper and 14.6 g/t silver. Table 1. Black [...]
Sandfire Resources America Inc. is pleased to announce that it has closed its previously announced rights offering, issuing 200,539,763 common shares of the Company for gross proceeds of $30,080,965 , representing 100% of the total rights offered. The Company’s largest shareholder, Sandfire BC Holdings Inc. , fully exercised its basic subscription [...]
