Business
Tintina Resources Announces Appointment of New President and CEO
VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 1, 2016) - Tintina Resources Inc. ("Tintina" or the "Company") (TSX VENTURE:TAU)(OTCQX:TINTF) announces the app
About this update from Sandfire Resources America Inc.
[{"type":"text","content":"VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 1, 2016) - Tintina Resources Inc. (\"Tintina\" or the \"Company\") (TSX VENTURE:TAU)(OTCQX:TINTF) announces the appointment of a new CEO commencing on June 14, 2016. Tintina is very pleased to report that John Shanahan has agreed to join the Company as President and CEO. John will continue the strong focus and drive to permit the Black Butte Copper Project and develop the project into a successful mining operation. John brings to the Company many years of experience in Montana where he was the CEO of Revett Mining Company, Inc. from 2008 to 2015 which operated the Troy Copper and Silver Mine and development stage Rock Creek Project in north-western Montana. John has a strong financial and operations background with an MBA from Columbia University and many years in the financial and banking industry supporting mining companies in North America and internationally. Rick Van Nieuwenhuyse, Chairman stated, \"John brings with him an excellent reputation in Montana with well-developed working relationships with state and federal permitting agencies and industry. Additionally, John has a reputation of meeting long term goals and creating shareholder value through disciplined financial management.\" The Company is pleased that John will be based in Helena, Montana. Bruce Hooper will remain on the Tintina board as a non-executive director and after a short transition period will complete his secondment as the Company's current President and Chief Executive Officer from major shareholder Sandfire Resources NL and return to Australia with his family as planned. The Board of Directors would like to thank Bruce for his efforts over the last 20 months in progressing the mining studies and permit applications for the Black Butte Copper Project. Mr. Hooper stated, \"We are very pleased to have John with his successful management record joining us to take up the reigns on the permitting and development of the Black Butte Copper Project and to grow the Company.\" ABOUT BLACK BUTTE COPPER PROJECT With a Measured and Indicated resource of 11.57 million tonnes with an average grade of 3.57%, the Black Butte Copper Project's Johnny Lee Deposit is one of the highest grade copper developments currently underway in the world. The Johnny Lee Deposit contains measured resources of 2.66 million tonnes with a...