THE WORLD HAS AN
INSATIABLE THIRST FOR COPPER.
INCREASING COPPER DEMAND
World-wide copper (Cu) consumption increased by 10% in 2010. But,
production increased by only 1% during the same time. Result; the Cu price
rose by almost 50% to an all-time high. This may explain why China is
stockpiling reserves and other major mining companies are maximizing
their position in the ���red��� metal.
WORLD CLASS GRADE
Tintina���s Black Butte Copper project, the third highest grade copper deposit
in North America, located in central Montana, USA, having a Measured and
Indicated resource of 910 million lbs of Cu at an average grade of 3.57%
and an Inferred resource of 388 million lbs of Cu at an average grade of
2.67% (see Company news release of November 13, 2012) and which will
likely grow in size. The Company is currently working on an updated PEA
to include these new Measure, Indicated and Inferred resource values.
The project, located on 7,500 acres of private land with existing advanced
infrastructure, already has the backing of local and state officials. That is
good news for our present and future investors.
On August 30, 2012, the Company SEDAR filed a Preliminary Economic
Assessment (���PEA���) for the Johnny Lee deposit on the Black Butte Copper
project. (See Sept. 4, 2012 news release)
BLACK BUTTE PEA HIGHLIGHTS:
Initial estimated start-up capital:
$210 million
Pre-Tax NPV/IRR @ 8% (Cu @ $2.97/lb)*:
NPV: $145.8 million IRR: 20.4%
Pre-Tax NPV/IRR @ 8% (Cu @ $3.50/lb)**: NPV: $309 million
IRR: 32.6%
*Using ���base case consensus��� long-term copper price of $2.97 **Using current copper price of $3.50
Thirsty for an investment opportunity?
TSX.V:TAU
OTCQX:TINTF
www.tintinaresources.com
info@tintinaresources.com
