Sandfire Resources America Inc. announces that Gemma Tually has been appointed to the Sandfire America Board of Directors effective immediately. This occurs in conjunction with Victoria Twiss stepping down from her seat on the Board. Ms. Tually is the Chief Legal & Compliance Officer for Sandfire Resources Ltd. ; 86.9% owner of Sandfire America's outstanding shares. Ms. Tually is a qualified solicitor with more than 20 [...]
Sandfire Resources America Inc. announces a positive ruling for the Company by the Montana Supreme Court upholding a 2023 District Court decision regarding the water rights related to Tintina Montana Inc.'s Mine Operating Permit, of the Black Butte Copper Project. The original suit was filed jointly against the Montana Department of Natural Resources and Conservation and Tintina Montana Inc. in August 2022. As background [...]
Sandfire Resources is pleased to announce additional drill results from its 2024 exploration drilling program since the Company's news release dated July 24, 2024. The ongoing drilling program aims to upgrade and expand the Johnny Lee Lower Copper Zone resource of 1.2Mt at 6.8% Cu and 0.5Mt at 5.9% Cu. HIGHLIGHTS Continued exploration success at the Johnny Lee Copper deposit at the Black Butte Copper Project in Montana [...]
Sandfire Resources America Inc. announces that it has entered into a fourth variation agreement to its bridge loan agreement, as amended with Sandfire BC Holdings Pty Ltd. , the Company's largest shareholder, and Tintina Montana Inc., a wholly-owned subsidiary of the Company . Pursuant to the Fourth Variation, the amount available to be borrowed under the Fourth Variation and Bridge Loan will be increased from an [...]
Sandfire Resources America Inc. announces the grant of a total of 1,774,306 restricted share units to certain officers of the Company in accordance with the Company's long-term incentive plan. Once vested each RSU entitles the holder thereof to receive either one common share of the Company, the cash equivalent of one common share or a combination of cash and common shares, as determined by the Company, net of applicable [...]
Sandfire Resources America Inc. is pleased to announce additional drill results of its 2024 exploration drilling program. This includes hole SC24-286 which intercepted 8.53 meters of 6.6% copper and hole SC24-288 which intercepted 13.19 meters of 12.8% copper, both in the Johnny Lee Lower Copper Zone. The ongoing 2024 drill program focuses on upgrading and expanding the Johnny Lee Lower Copper Zone resource which at last [...]
Sandfire Resources America Inc. announces that it has entered into a third variation agreement to its bridge loan agreement, as amended with Sandfire BC Holdings Pty Ltd. , the Company's largest shareholder, and Tintina Montana Inc., a wholly-owned subsidiary of the Company . Pursuant to the Third Variation, the amount available to be borrowed under the Third Variation, Variation and Bridge Loan will be increased from an [...]
Sandfire Resources America Inc. is pleased to announce initial drill results of its winter exploration drilling program. This includes hole SC24-279 which intercepted 5.37 meters of 10.2% copper and hole SC24-284 which intercepted 6.26 meters of 10.7% copper. The ongoing 2024 drill program focuses on upgrading and expanding the Johnny Lee Lower Copper Zone resource which at last estimate consists of a measured and [...]
Sandfire Resources America Inc. announces the positive ruling by the Montana Supreme Court which reversed a 2021 district court decision and instructed the District Judge to have the Montana Department of Environmental Quality to completely reinstate Tintina Montana Inc.'s Mine Operating Permit, of the Black Butte Copper Project. The Montana Supreme Court granted the Company's request for summary judgement allowing Black [...]
Sandfire Resources America Inc. announces the appointment of Lincoln Greenidge, the current Chief Executive Officer of the Company, and Victoria Twiss, to the Board of Directors of the Company in replacement of Matt Fitzgerald and Rob Scargill who have resigned as directors of the Company effective July 29, 2023. The Company also announces the appointment of Jason Grace as the Board Chair. Following the changes to the [...]
Sandfire Resources America Inc. announces that it has entered into a second variation agreement to its bridge loan agreement, as amended with Sandfire BC Holdings Pty Ltd. , the Company's largest shareholder, and Tintina Montana Inc., a wholly-owned subsidiary of the Company . Pursuant to the Second Variation, the amount available to be borrowed under the Second Variation, Variation and Bridge Loan will be increased from [...]
Sandfire Resources America Inc. announces that Mr. Matthew Fitzgerald will be stepping down as Chair of the Board of Directors effective September 30, 2023. This is in conjunction with him stepping down from his role as CFO of Sandfire Resources Limited , the 86.89% controlling shareholder of the Company. Mr. Fitzgerald has been Chair of the Board since September 2016. The Company would like to thank Mr. Fitzgerald for [...]
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