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tintina resources inc (TAU) Snapshot

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02/3/14 - C$0.33
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tintina resources inc (TAU) Details

Tintina Resources Inc. is engaged in the exploration, development, and mining of resource properties in Canada. The company explores for copper, cobalt, and silver deposits. Its principal property consists of the Black Butte Copper project that consists of 12,000 acres and is located to the north of White Sulphur Springs community, central Montana. The company was incorporated in 1998 and is headquartered in Vancouver, Canada.

Founded in 1998

tintina resources inc (TAU) Top Compensated Officers

Chief Financial Officer
Total Annual Compensation: C$138.0K
Vice President of Operations
Total Annual Compensation: C$204.5K
Vice President of Exploration
Total Annual Compensation: C$179.3K
Compensation as of Fiscal Year 2013.

tintina resources inc (TAU) Key Developments

Tintina Resources Inc. Recommences Drilling at the Black Butte Copper Project

Tintina Resources Inc. announced the recommencement of drilling at the Black Butte Copper Project located in Meagher County, Montana, USA. Tintina has launched a new round of drilling at its Black Butte Copper Project focused on further testing the Upper and Lower Copper Zones of the Johnny Lee Deposit. The current plan is to drill approximately 8,700 feet (2,652 meters) of diamond drill core in 9 holes. This drilling will provide representative samples from selected areas of each zone for metallurgical test work necessary to optimize copper recoveries. The holes will also provide critical geological, resource and geotechnical data for mine planning and further the Company's understanding of the deposits. Tintina has also completed the pump test program previously announced. The hydrologic data collected will be analyzed in detail and used for a comprehensive analysis of the water balance and for diligent groundwater modeling in the area of the Johnny Lee deposit.

Tintina Resources Inc. Appoints Paul Hallam as Director

Tintina Resources Inc. announced the appointment of Mr. Paul Hallam as a Director of the company. Mr. Hallam is the second director nominee from Sandfire Resources NL. Mr. Hallam is a highly experienced resource industry executive with more than 35 years of experience working for a number of blue chip Australian and International mining companies. His experience spans a range of corporate and operating environments, both in Australia and overseas, covers a range of commodities (iron ore, bauxite, alumina, aluminium, gold, silver, copper, zinc and lead) and includes both surface and underground mining. He is a Non-Executive Director on the boards of Sandfire Resources NL, Altona Mining Ltd. and Gindalbie Metals Ltd.

Tintina Resources Inc. Announces Executive Changes

Tintina Resources Inc. announced that it has closed its previously announced transaction with Sandfire Resources NL which purchased 80 million units of the company at a price of $0.20 per unit for gross proceeds of $16 million. Mr. Bruce Hooper, Sandfire's Chief Business Development Officer, has been appointed President and Chief Executive Officer and a director of Tintina on a secondment basis, in place of Mr. Gerald Booth, Tintina's Interim CEO and a director, who was planning to retire. Directors Mr. Ken Collison and Mr. Steven Khan have resigned concurrently with the closing of the transaction, but will continue in a consulting capacity. Mr. Rick Van Nieuwenhuyse will continue as a director and non-Executive Chairman.


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