TintinaGold Expands Land Position At Its Sheep Creek Property

VANCOUVER, BC - TintinaGold Resources Inc. reported that it has increased its land position on its Sheep Creek Copper-Cobalt property ("Sheep Creek") located in Central Montana. The Company has staked 56 new Federal mining claims adjacent to its current land holdings in the district. This augments the Company's total holdings at Sheep Creek to approximately 5,775 acres, including its mining leases on private ranch lands.
In addition, the Company is currently drilling verification holes on its mining leases.
The current drill program is intended to verify historic results from drilling completed by Cominco American Inc., BHP, and Utah International between 1985 and 1989. Those results led Cominco American Inc. to report a historic resource estimate based on 42 drill holes. The historic resource is non-compliant with NI 43-101 standards and is not being relied upon for resource estimation purposes. The Company plans to establish a NI 43-101 compliant resource based on a new in-fill and verification drill program, and to build additional resources from other copper mineralized target areas on the property.
Jerry Zieg, Vice President of Exploration, said, "We're excited at the exploration opportunities on our new mining claims. We've been re-evaluating the district in light of our increasing understanding of Sheep Creek geology, and we've recognized significant exploration targets in these newly staked areas."
The Sheep Creek deposit sits 27 km north of White Sulphur Springs along maintained gravel road and within two miles of U.S. Highway 89. The Sheep Creek property consists of approximately 5,775 acres (including approx.1,061 acres from the 56 new claims staked in November 2010) of fee - simple lands and mining claims in central Montana. The property contains sediment - hosted zones of massive sulfide mineralization originally explored by Cominco American Inc. and BHP during the 1980's and early 1990's. The drilling undertaken by Cominco American Inc. and BHP had encountered significant zones of stratabound copper sulfide with cobalt in multiple bedded pyrite zones in the lower part of the Precambrian Belt Supergroup; this same stratigraphic unit hosts the Sullivan zinc-lead-silver deposit.
The company's address is Suite 1723 - 595 Burrard Street, Vancouver, BC V7X 1G4, 604-628-1162, fax: 604-628-1163, email: [email protected].