TintinaGold Receives Additional Drill Assays Confirming Continuity at Its Sheep Creek Copper-Cobalt-Silver Project, Montana, USA
Published : May 04, 2011
( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment
Keywords :   Cobalt |

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 4, 2011) - TintinaGold Resources Inc. ("TintinaGold" or the "Company") (News - Market indicators) is pleased to announce that it has received additional preliminary assay results from the 2011 drill program on its Sheep Creek Copper-Cobalt-Silver property ("Sheep Creek") located in Central Montana, USA (see Figures 1 & 2). 

Highlights from the Strawberry Butte mineralized target area:

  • Drill hole SC11-014 encountered a 16.83 meter thick intercept grading 2.1% Cu, 0.10% Co and 16.5 g/tonne Ag in the Upper Copper Zone #1
  • Drill hole SC11-016 encountered a 14.1 meter thick intercept grading 1.7% Cu, 0.10% Co, and 17.1 g/tonne Ag in the Upper Copper Zone #1
  • Drill hole SC11-017 encountered a 12.76 meter thick intercept grading 1.8% Cu, 0.08% Co, and 16.9 g/tonne Ag in Upper Copper Zone #2, and a 4.91 meter thick intercept grading 3.6% Cu, 0.07% Co and 9.4 g/tonne Ag in the Upper Copper Zone #1.
  • Drill hole SC11-018 encountered a 4.31 meter thick intercept grading 2.4% Cu, 0.15% Co, and 11.4 g/tonne Ag in Upper Copper Zone #2, and a 4.0 meter thick intercept grading 3.0% Cu, 0.12 % Co, and 13.1 g/tonne Ag in Upper Copper Zone #1.
  • Drillhole SC11-021 has encountered a 3.19 meter thick intercept grading 1.7% Cu, 0.10% Co, and 14.9 g/tonne Ag in Upper Copper Zone #2, and a 3.38 meter intercept grading 2.7% Cu, 0.03% Co, and 14.5 g/tonne Ag in Upper Copper Zone #1. 

The Company has received results from drill holes SC11-014, SC11-016, SC11-017, SC11-018 and and SC11-021. (see Table 1 below). These holes were part of an in-fill drill campaign designed to bring the Inferred Resource on the Upper Copper Zone at Strawberry Butte to Measured & Indicated status. The Upper Copper Zone contains at least two stratabound subzones of copper-cobalt-silver mineralization designated Upper Copper Zone #1 and above it, Upper Copper Zone #2. These results continue to confirm the continuity of mineralization in the Upper Copper Zone as well as expand total resources with the 2011 drilling in the Lower Copper Zone at Strawberry Butte.

Table 1 – Significant Strawberry Butte Drill Intersections: 

Hole   From
(m)
  To
(m)
  Width
(m)
  Width
(ft)
  Cu
%
  Co
%
  Ag
g/t
                             
Upper Copper Zone # 1                            
                             
DDH SC11-014   57.85   74.68   16.83   55.22   2.1   0.10   16.5
DDH SC11-016   68.99   83.09   14.10   46.26   1.7   0.10   17.1
DDH SC11-017   78.74   83.65   4.91   16.11   3.6   0.07   9.4
DDH SC11-018   90.18   94.18   4.00   13.12   3.0   0.12   13.1
DDH SC11-021   150.85   154.23   3.38   11.09   2.7   0.03   14.5
                             
Upper Copper Zone # 2                            
                             
DDH SC11-017   56.42   69.18   12.76   41.86   1.8   0.08   16.9
DDH SC11-018   72.45   76.76   4.31   14.14   2.4   0.15   11.4
DDH SC11-021   136.41   139.60   3.19   10.47   1.7   0.10   14.9
                             
(For previous TintinaGold and historic results on the Upper Copper Zone at Strawberry Butte please see News Releases dated January 6, February 3, and April 26, 2011) 

TintinaGold continues to in-fill drill the Upper Copper Zone at Strawberry Butte with the objective of bringing the Inferred Resource to Measured & Indicated status. In addition, the Company has initiated resource definition drilling on two additional mineralized areas – the Lower Copper Zone at Strawberry Butte and the Strawberry East mineralized area with the objective of expanding the total resources for the Sheep Creek property. The Company has also initiated a Preliminary Economic Assessment to determine project economics and has started collecting environmental baseline information in preparation for an environmental assessment report and project permitting. 

Jerry Zieg, Vice President of Exploration for the Company is a Qualified Person for the purposes of National Instrument 43-101 and has reviewed and approved the information of a scientific nature contained in this news release. Assays for this program have been completed by ALS Chemex including duplicates, standards, and blanks for QA/QC purposes.

About TintinaGold

TintinaGold is a growth company focused on the exploration and development of precious and base metal properties around the world. The Company's experienced Board of Directors and Management Team, having completed the verification drilling on the Sheep Creek copper-cobalt massive sulfide property in Montana, U.S.A., are focused on additional exploration drilling and advancing the project towards production. 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.

The growth and success of the Company comes from TintinaGold's experienced exploration team and its ability to forge collaborative relationships and partnerships with Native Alaskan and First Nations groups, local communities, major mining companies and regulators.

About Sheep Creek

The Sheep Creek deposit is located about 27 km north of White Sulphur Springs along a well maintained gravel road and within two miles of U.S. Highway 89. The Sheep Creek property consists of approximately 5,775 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 cobalt in multiple bedded pyrite zones in the lower part of the Precambrian Belt Supergroup; this same stratigraphic unit hosts the Sullivan zinc-lead-silver deposit in southeastern B.C. The Company, in a remarkably short period of time, has been able to produce an Inferred Resource on the Upper Copper Zone at Strawberry Butte (please see the Company's News Release dated January 6, 2011). A minimum of four additional known tabular mineralized zones, within a four kilometer strike length, will be drill-tested over the course of 2011.

ON BEHALF OF THE BOARD OF DIRECTORS

Louis A. Lepry, Jr., President & CEO

The Company will be attending the Hard Assets Investment Conference in New York on May 9-10, 2011. Please come by booth #702 for more information.

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 TintinaGold'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 TintinaGold'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. TintinaGold 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.

To view Image 1 "Sheep Creek Project, Montana USA" and Image 2 "Plan Map of Sheep Creek Strawberry Butte Mineralized Target Montana, USA", please visit the following link:

http://media3.marketwire.com/docs/tau_fgs12_504.pdf

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.

TintinaGold Resources Inc.
Philippe Van Nieuwenhuyse
604-628-1162 ext. 236
604-628-1163 (FAX)
philvann@tintinagold.com
www.tintinagold.com

Tintina Resources Corp.

EXPLORATION STAGE
CODE : TAU.V
ISIN : CA8876771020
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

Tintina Resources is a gold exploration company based in Canada.

Its main exploration properties are KUGRUK, OMALIK, BAIRD PROJECT, COLORADO CREEK, TINTINA and SHEEP CREEK (MONTANA) in USA and ARMSTRONG BROOK in Canada.

Tintina Resources is listed in Canada and in United States of America. Its market capitalisation is CA$ 17.8 millions as of today (US$ 16.8 millions, € 12.3 millions).

Its stock quote reached its lowest recent point on September 18, 2015 at CA$ 0.03, and its highest recent level on February 04, 2022 at CA$ 3.08.

Tintina Resources has 323 540 000 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
Annual reports of Tintina Resources Corp.
2007 Annual Statement
Option Grants of Tintina Resources Corp.
2/14/20113,100,000 options Granted to Directors, Officers, Employees ...
Nominations of Tintina Resources Corp.
10/23/2012Options Granted to Directors, Officers, Employees and Consul...
Project news of Tintina Resources Corp.
7/24/2013Files Updated Technical Report and Preliminary Economic Asse...
6/25/2013Reports Pre-Tax 30.5% IRR and $218M NPV for Updated Prelimin...
3/18/2013(Tintina)Director of Tintina Resources Inc. Resigns
5/25/2011(Tintina)Gold Resources Inc. to Change its Name to Tintina Resources ...
Corporate news of Tintina Resources Corp.
6/14/2016Tintina Grants Options
6/1/2016Tintina Resources Announces Appointment of New President and...
4/25/2016Tintina Resources Announces Results from Annual General Meet...
3/21/2016Tintina Resources Inc. provides update on Black Butte Copper...
12/16/2015Tintina Resources Submits Mine Operating Permit Application ...
10/20/20152015 Annual Report
3/17/2015commences geotechnical testwork at the Black Butte Copper Pr...
3/17/2015Tintina commences geotechnical testwork at the Black Butte C...
2/10/2015recovers high grade samples for metallurgical testwork at th...
2/10/2015Tintina recovers high grade samples for metallurgical testwo...
12/23/2014Tintina Resources Inc.: Metallurgical Drilling Completed
12/15/2014Tintina Grants Options to Directors, Officers, and Employees
11/5/2014Tintina Commences Drilling at the Black Butte Copper Project
10/10/2014Tintina Resources Announces New Director
9/25/2014Tintina Grants Options
9/12/2014Tintina Resources Closes Transaction with New Strategic Part...
9/2/2014Australian company to buy $16M in Tintina shares
8/28/2014Tintina Resources Welcomes New Strategic Partner at Black Bu...
8/7/2014Tintina Resources Receives Approval for Pump Tests at Black ...
6/30/2014Tintina Resources Closes Purchase of Additional Property at ...
5/23/2014Tintina Resources Acquires Additional Property at Black Butt...
4/28/2014Tintina Resources Inc.: Black Butte Copper Legal Complaint D...
4/23/2014Tintina Resources Announces Results from Annual General Meet...
4/7/2014Tintina Resources' Black Butte Copper Project Forges Ahead
9/30/2013Receives Strong Support from Montanans for Construction of B...
7/23/2013Obtains Preliminary Approval for an Exploration Decline Perm...
5/31/2013Updated PEA for the Black Butte Copper Project Nearing Compl...
4/25/2013Quantum Announces That It No Longer Intends to File Alternat...
4/25/2013Announces Results from Annual General Meeting
4/22/2013(Tintina)Chief Executive Officer & Founding Director of Tintina Resou...
3/19/2013Announces Over One Billion Pounds of High Grade Measured & I...
2/7/2013Drills 23.66 Meters Grading 5.45% Copper on Its 100% Owned H...
1/8/2013Applies for Exploration Decline Approval for Its 100% Owned ...
11/1/2012Appoints Bob Jacko as VP Operations and Launches Infill Dril...
7/17/2012(Tintina)Infographic=3A Tintina Resources Completes Preliminary Econo...
6/28/2012=3A June 2012 Update
7/13/2011New Copper Discovery from the Upper Copper Zone at Strawberr...
6/28/2011In-Fill Drill Results Further Reinforce Continuity of Upper ...
6/21/2011Reports In-Fill Drill Results Demonstrate Continuity of Uppe...
6/7/2011Intersects 4.5 Meters Grading 11.4% Copper in the Lower Copp...
5/25/2011to Change its Name to Tintin a Resources Inc. and Engages Na...
5/4/2011Receives Additional Drill Assays Confirming Continuity at It...
4/26/2011Intersects 13.05 Meters Grading 3.18% Cu as it Continues to ...
3/28/2011Completes $35.75 Million Private Placement; Provides Update ...
3/22/2011Closes Second Tranche of Private Placement With Two of Three...
3/15/2011Announces Results of Annual General and Special Meeting
2/22/2011Mobilizes Two Additional Diamond-Drill Rigs to Its Sheep Cre...
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
TSX-V (TAU.V)
0.055-15.38%
TSX-V
CA$ 0.680
04/18 14:35 0.010
1.49%
Prev close Open
0.670 0.680
Low High
0.670 0.680
Year l/h YTD var.
0.380 -  0.770 17.24%
52 week l/h 52 week var.
0.380 -  1.05 -17.07%
Volume 1 month var.
97,614 44.68%
24hGold TrendPower© : 15
Produces
Develops
Explores for Cobalt - Copper - Gold - Lead - Silver - Zinc
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
Last updated on : 10/15/2010
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
DateVariationHighLow
2024-5.56%
2023-14.29%1.090.52
2022-56.02%3.080.75
2021135.80%2.010.88
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
AU$ 7.68-0.52%Trend Power :
Oceana Gold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
AU$ 2.20+0.00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.86+0.00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
CA$ 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 11.12+2.11%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.54-2.53%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.06+0.00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
CA$ 2.50+5.93%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
CA$ 16.00+2.27%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.24+2.13%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.20+7.89%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 1.90+1.60%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 51.42-0.49%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.03-2.94%Trend Power :