THE WORLD HAS AN
INSATIABLE APPETITE FOR COPPER.
MAYBE YOU SHOULD STOCK UP.
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 an inferred
resource of 623 million lbs of Cu at an average grade of 3.2% and Indicated
resource of 553 million lbs of Cu at an average grade of 2.96% will likely
grow in size. The project, located on 12,500 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
Hungry for an investment opportunity?
TSX.V:TAU
OTCQX:TINTF
www.tintinaresources.com
info@tintinaresources.com
