Sandfire Resources America Inc. (TSXV:SFR)Mining
Sandfire Resources America Inc is a natural resource mining, exploration and development company based in Canada.
Its flagship property, the Black Butte Copper, is located in central Montana, the United States.
The exploration company’s vice president, Jerry Zieg, discovered the Johnny Lee deposit with his team and rebranded it to Black Butte Copper Project.
According to the company’s claims, the Black Butte project has a huge historical and geological significance and aims to develop the asset into becoming a world class project.
It further claims that the ranchers who owned the site were already approached by more than 15 companies, before being approached by him.
The company now known as Sandfire Resources America was formed later combining.
The Black Butte project is located in the north of White Sulphur Springs, and it hosts Johnny Lee Deposit that contains nearly 10 times higher copper concentration than many existing mining entities.
The firm claims that the Black Butte Copper project is an underground mine, and emphasizes that traditional land use activities would not be hampered.
The company aims to bring at least 240 employment opportunities in the local area.
It believes that local hires are significant in the mine development and maintaining less employee turnovers while supporting the community the company works in. company
Sandfire says that Black Butte consists high concentration of copper in mineral deposits. In addition, there are one billion pounds of copper in 12 million tons of mineralization reportedly.
The mining company states that the project is the second highest-grade copper project in the world. Sandfire Resources intends to engage in further exploration and development operations to fully tap the potential of this underground mine.
The firm posts information about its properties, location and the technologies used to extract copper from Black Butte mines on the official website.
The publicly traded entity also publishes the investor related details and financial documents on its official website.
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