Key Points: Experienced finance executive John McGonigle joins as Chief Financial Officer. Another key addition to Sandfire America’s team as it prepares to construct the Black Butte Copper Project in Montana. Draft EIS open for public comment from March 11 to May 10th, 2019 with link to documents provided. Autumn/Winter drilling completed on [...]
Sandfire Resources America Inc. is pleased to announce that the Montana Department of Environmental Quality has released the Draft Environmental Impact Statement outlining the final permitting steps for its 100%-owned underground Black Butte Copper Project. The Draft EIS will be open for public comment for a 60-day period commencing March 11, 2019 [...]
Key Points: 24-hole geotechnical drilling program set for completion by mid-March 2019. Feasibility Study progressing well with work underway on updated Mineral Resource, mine design and maiden Ore Reserve; Feasibility Study targeted for completion by mid-year. Draft EIS expected for public comment during March 2019. Black Butte Copper Hard Rock [...]
Sandfire Resources America Inc. is pleased to provide an update on permitting and feasibility activities relating to its underground Black Butte Copper Project. Permitting of the Black Butte Project is continuing following a slight delay to the process which has arisen due to the Project being the first new copper mine in Montana required to meet a [...]
Sandfire Resources America Inc. is pleased to announce that it has closed its oversubscribed rights offering, issuing 314,551,166 common shares of the Company for gross proceeds of C$18,873,070 , representing 100% of the total rights offered. In total, 251,143,277 common shares issued in the Rights Offering were distributed under basic subscription [...]
Sandfire Resources America Inc. advises that the Canadian Union of Postal Workers commenced rotating strikes on Monday, October 22, 2018 and the rotating strikes are ongoing. Registered shareholders who wish to exercise the rights issued pursuant to the Company's rights offering announced on September 19, 2018 must ensure that the completed rights [...]
Sandfire Resources America Inc. is pleased to provide the following update regarding activities related its underground Black Butte Copper project. Technical Update The Company is planning an Autumn 2018 drilling program designed to collect additional data for resource verification and to collect geotechnical data necessary to the Feasibility [...]
Sandfire Resources America Inc. announces that it will conduct a rights offering to raise gross proceeds of up to approximately C$18.9 million . The Company will issue rights to existing shareholders in Canada and to eligible shareholders in the United States and in certain other jurisdictions at the close of business on the record date of [...]
WHITE SULPHUR SPRINGS, Mont., July 25, 2018 -- Sandfire Resources America Inc. is pleased to provide the following update on activities at the Black Butte Copper underground project in Montana. SFR Map 1 SFR Map 2 Metallurgical Drilling and Test Work The 2018 Spring drilling program focused on recovering mineralized core for further metallurgical [...]
WHITE SULPHUR SPRINGS, Mont., June 11, 2018 -- It is with great sadness and deep regret that Sandfire Resources America Inc. announces the sudden passing of our CEO, John G. Shanahan. We extend our deepest condolences to Mr. Shanahan’s family and our tremendous gratitude for his outstanding leadership and enormous contribution, both to the [...]
Sandfire Resources America is pleased to announce the appointment of Robert Scargill as Vice President – Project Development and as a Director of Sandfire America. Mr. Scargill is an internationally experienced mining engineer responsible for the development and operation of a number of underground mines. Most recently, Mr. Scargill was the [...]
WHITE SULPHUR SPRINGS, Mont., April 02, 2018 -- Sandfire Resources America Inc. is pleased to announce the appointment of Chris Hedrich to the Board of Directors of Sandfire Resources America Inc. Ms. Hedrich currently serves as the Senior Vice President and Chief Loan Officer for Bank of the Rockies, N.A., a Montana based community bank. She is [...]