Tintina Resources Appoints Project Manager for Sheep Creek Copper-Cobalt-Silver Property, Montana
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 08/24/11 -- 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