Friday 21st October 2016

Resource Clips

Posts tagged ‘TintinaGold Resources Inc (TAU)’

Tintina reports Montana Assays of 8.54% Copper, 0.55 g/t Gold over 12.1m

March 1st, 2012

Resource Clips - essential news on junior gold mining and junior silver miningTintina Resources Inc TSXV:TAU announced drill results from its Black Butte copper project in central Montana. Highlights include

8.54% copper and 0.55 g/t gold over 12.1 metres
5.6% copper and 0.27 g/t gold over 14.8 metres
7.9% copper and 0.37 g/t gold over 9.9 metres
14.09% copper and 0.69 g/t gold over 2.7 metres
8.32% copper and 0.28 g/t gold over 17.3 metres

VP Exploration Jerry Zieg commented, “We are very pleased to continue to report thick, high-grade copper intersections from the Black Butte Copper project. In particular, the very high grades seen at the Johnny Lee Lower Zone are especially encouraging. Once all drill results are incorporated into updated resource estimates later this year, we expect to have achieved our corporate objective of defining in excess of a billion pounds of contained copper metal.”

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Philippe Van Nieuwehuyse
Investor Relations

by Ted Niles

TintinaGold announces $35.8M Bought-Deal Private Placement

February 11th, 2011

TintinaGold Resources Inc TSXV:TAU announced that it has signed agreements to carry out a non-brokered bought-deal private placement of up to 56,299,213 common shares at a price of $0.635 per share for gross proceeds to the company of up to $35,750,000. The proceeds of the offering will be allocated to fund ongoing exploration, environmental baseline work and feasibility studies at TintinaGold’s Sheep Creek property in Montana and for general working capital.

President/CEO Raj Chowdhry commented, “The funds raised in this offering will be critical in continuing to develop Tintina’s high-quality resource base. Through its 100% ownership of the Sheep Creek property, located in one of the safest geopolitical jurisdictions in the world, TintinaGold is exceptionally well-positioned to take full advantage of the secular bull market in copper and silver for the benefit of all shareholders.”

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Philippe Van Nieuwenhuyse
Investor Relations
604.628.1162 x 236

by Ted Niles