Tintina Resources Appoints Project Manager for Sheep Creek Copper-Cobalt-Silver Property, Montana
August 24 2011 - 9:00AM
Marketwired
Tintina Resources Inc. ("Tintina" or the "Company") (TSX VENTURE:
TAU) is pleased to announce the appointment of Mr. Bob Jacko as
Project Manager for the Company's Sheep Creek Copper-Cobalt-Silver
property effective August 15, 2011.
Mr. Jacko has over 30 years experience in the mining industry
including over six years working with First Nations and Alaskan
Native groups. A graduate from Michigan Technological University
with a degree in Mining Engineering, Mr. Jacko is a professional
engineer with operations, construction and planning experience in
both underground and open-pit operations in the United States and
Canada.
Prior to joining Tintina, Mr. Jacko held the position of General
Manager - Project Development with Avanti Mining Inc., Vice
President and General Manager, Projects for Thompson Creek Metals
which included the responsibility for engineering and construction
of the Endako Mine expansion and oversight of two pre-feasibility
projects. Previous to Thompson Creek, Mr. Jacko spent 20 years with
Cominco and Teck Cominco of which the last 10 years as General
Manager of their northern operations at Polaris, Red Dog and most
recently Pogo. During his time at Pogo, he transitioned from the
construction to the operations phase of the project. He was a
member of the Mine Safety Bill Committee for the Northwest
Territories, and is a member of the BC Mining Code Review
Committee.
Mr. Van Nieuwenhuyse, Executive Chairman of Tintina, said, "The
Company is very pleased to be able to attract someone with the
caliber of Bob to Tintina. His solid background in mine development
will allow Tintina to rapidly advance its Sheep Creek
copper-cobalt-silver project towards production."
Mr. Jacko will be responsible for all technical work on site
related to advancing the Sheep Creek project through feasibility
and permitting.
About Tintina
Tintina Resources Inc. is a growth company focused on the
exploration and development of base and precious metal properties
around the world. The Company's experienced Board of Directors and
Management Team are focused on advancing the Sheep Creek Cu-Co-Ag
property in Montana towards a production decision. The Company is
also exploring an impressive portfolio of gold and base metal
projects in Alaska, including the Colorado Creek gold project
located in southwest Alaska in the same region as the 40 million
ounce Donlin Creek project.
About Sheep Creek
The Sheep Creek deposit is located approximately 17 miles north
of White Sulphur Springs within two miles of U.S. Highway 89 along
a well-maintained gravel road.
The Sheep Creek property consists of approximately 12,225 acres
of fee simple lands and mining claims in central Montana. The
property contains sediment- hosted zones of massive sulfide
mineralization originally explored by Cominco American Inc. and BHP
during the 1980's and early 1990's. Historical drilling encountered
significant zones of strata-bound copper sulfide with associated
cobalt and silver mineralization in multiple, bedded massive pyrite
horizons in the lower part of the Precambrian Belt Supergroup. This
same stratigraphic unit hosts the famous Sullivan zinc-lead-silver
deposit in southeastern B.C. In a short period of time the Company
has been able to establish Inferred Resources on the Upper &
Lower Copper Zones at Strawberry Butte (please see Company News
Releases dated January 6, 2011 & August 17, 2011). The Company
continues to evaluate several tabular mineralized zones along a
four kilometer strike length. The Company has two drill rigs on
site and will continue drilling over the course of 2011.
Tintina is preparing an advanced underground exploration
proposal which includes an evaluation decline and ancillary
facilities, all located on private land in Meagher County, for
presentation to the State's appropriate authorities.
About Mining in Montana
Montana has been known as a mining state for a well over 100
years. Today, more than two dozen mining operations are active
making mining a cornerstone contributor to the State's GDP. Tintina
has met with State regulators and looks forward to presenting the
Sheep Creek project, as an underground mine with a small footprint
located on private land. The project continues to benefit from
broad local community support.
ON BEHALF OF THE BOARD OF DIRECTORS
Louis A. Lepry, Jr., President & CEO
Cautionary Note Regarding Forward-Looking Statements: Certain
disclosure in this release, including statements regarding the
Company's plans for and intentions with respect to exploration of
the Company's Sheep Creek property, constitutes "forward-looking
statements" within the meaning of the United States Private
Securities Litigation Reform Act of 1995 and Canadian securities
legislation. 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 the
Company is able to obtain any government or other regulatory
approvals and any financing required to complete the Company's
planned exploration activities, that the Company is able to procure
equipment and supplies in sufficient quantities and on a timely
basis, that the Company's exploration activities on the Sheep Creek
property will not be affected by actions of environmental activists
or other special interest groups, and that actual results of
exploration 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 Resource's operation as a mineral
exploration company and the Sheep Creek property that may cause
future results to differ materially from those expressed or implied
in such forward-looking statements.Such uncertainties and risks
include, among others, actual results of the Company's exploration
activities being different than those expected by management,
uncertainties involved in the interpretation of drilling results
and geological tests,delays in obtaining or inability to obtain
required government or other regulatory approvals or financing,
interference with Tintina Resource's exploration activities by
environmental activists or other special interest groups, inability
to procure equipment and supplies in sufficient quantities and on a
timely basis, equipment breakdowns and bad weather. 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 Resources
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.
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.
Contacts: Tintina Resources Inc. Philippe Van Nieuwenhuyse
Investor Relations 604-628-1162 ext. 236 604-628-1163 (FAX)
philvann@tintinaresources.com www.tintinaresources.com
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