Sandfire Resources America Inc. is pleased to advise that it has taken another important step in advancing its fully permitted Black Butte Copper Project in Central Montana with the acquisition of a key property covering the proposed surface infrastructure. Tintina Montana Inc., a wholly owned subsidiary of Sandfire Resources America Inc., completed the purchase of the 534.9-acre Mine Property from Bar Z Ranch Inc. on [...]
Sandfire Resources America Inc. further to its news release dated May 27, 2021, is pleased to report final comprehensive drill results of the winter 2021 exploration core drilling program, with four of the nine exploration holes returning intercepts of greater than 1.2% copper. The Company has also entered into a contract with American Drilling commencing in August 2021 to complete 14,000m of diamond drilling over the [...]
Sandfire Resources America Inc. is pleased to provide an update on its winter 2021 exploration core drilling program , including the initial drill results for hole SC21-256 which intercepted 12.45m of 3.4% copper and 6.5 g/t silver in the Lowry Lower Zone which includes a core intercept of 4.65m of 6.0% copper and 14.6 g/t silver. Table 1. Black Butte Copper 2021 Winter Exploration Drilling Program Hole ID Target Area [...]
Sandfire Resources America Inc. is pleased to announce that it has closed its previously announced rights offering, issuing 200,539,763 common shares of the Company for gross proceeds of $30,080,965 , representing 100% of the total rights offered. The Company’s largest shareholder, Sandfire BC Holdings Inc. , fully exercised its basic subscription privilege to purchase its pro rata share of the common shares offered [...]
Sandfire Resources America Inc. announces that, further to the Company’s news release dated October 27, 2020 announcing the completion of a feasibility study on the Black Butte Copper Project in White Sulphur Springs, Montana, USA, the Company is today filing on SEDAR an independent technical report prepared under National Instrument 43-101 entitled “Sandfire Resources America Inc., Black Butte Copper Project, Feasibility [...]
Sandfire Resources America Inc. announces that it will conduct a rights offering to raise gross proceeds of up to approximately C$30.0 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 November 24, 2020 . The Company is pleased that shareholders in Montana and in [...]
Sandfire Resources America Inc. is pleased to announce its maiden Mineral Reserve and the results of the Feasibility Study for the Johnny Lee deposit at its Black Butte Copper Project in White Sulphur Springs, Montana, USA, pursuant to National Instrument 43-101 – Standards of Disclosure for Mineral Projects . The Feasibility Study relates solely to Mineral Reserves located on the Johnny Lee copper deposit, the [...]
Sandfire Resources America Inc. provides the following update on its Black Butte Copper underground mining project in Montana, USA. Final Mine Operating Permit Granted The Company is pleased to announce that on August 14, 2020, the Montana Department of Environmental Quality issued a final approval for the Phase I Bonding for the underground Black Butte Copper project . The Company has posted a US$4.65 million surety bond [...]
Sandfire Resources America Inc. provides the following update on its Black Butte Copper underground mining project in Montana, USA. Stage One Bonding Level Issued The Company is pleased to announce that on May 19, 2020, the Montana Department of Environmental Quality issued a Phase I bonding number establishing a bond of $4.65 million for the Black Butte Copper Project. The Company must secure this bond before commencing [...]
Sandfire Resources America Inc. is pleased to announce that the Black Butte Copper underground mining project in Montana, USA has received a Record of Decision for its permit. Today, the Montana Department of Environmental Quality released a positive Record of Decision to grant a Mine Operating Permit to the Company’s wholly-owned subsidiary, Tintina Montana Inc. This will allow development and underground mining of the [...]
Sandfire Resources America Inc. is pleased to advise that it has achieved two key permitting milestones for the Black Butte Copper underground mining project in Montana. Today, two Montana Government agencies have each issued important components of the overall permitting process for the Black Butte Copper project which are key to the Company receiving a Record of Decision for its Mine Operating Permit . First is the [...]
Sandfire Resources America Inc. announces the filing of its technical report dated December 6, 2019 regarding its Black Butte Copper Project in White Sulphur Springs, Montana, USA, pursuant to National Instrument 43-101 – Standards of Disclosure for Mineral Projects. A copy of the Company's technical report entitled "NI 43-101 Technical Report on Mineral Resources, Black Butte Copper Project in White Sulphur [...]
