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Project: | Ayawilca-Colquipucro | |
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Deposit: | Ayawilca | |
Location: | Peru | |
Commodities: | Zinc-Lead-Silver-Indium-Tin-Copper | |
Date: | 2/15/2018 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resource Increase/Upgrade | |
Report details: | 15-2-2018: Tinka Resources Ltd. announces an Exploration/Drilling Update report for its Ayawilca deposit at the Ayawilca-Colquipucro project. Drilling results incl. 5.0m @ 20.25 Zn, 0.3% Pb, 74g/t Ag, 420g/t In from 173.80m. Vancouver, Canada – Tinka Reso | |
Resources: | (Resource, Inf.): 42.7Mt @ 6.0% Zn, 0.2% Pb, 17g/t Ag, 79g/t In at Ayawilca | |
CP/QP: | [Overall Report]: Graham Carman (Internal) | |
ABSTRACT: | Vancouver, Canada – Tinka Resources Limited (“Tinka” or the “Company”) (TSXV & BVL: TK) (OTCPK: TKRFF) is pleased to announce assay results for a further nine drill holes from the Company’s ongoing drill program at its 100%-owned Ayawilca zinc project, central Peru. All holes were testing for mineralization outside of the existing mineral resource boundaries (Ayawilca Inferred Mineral Resource estimate: 42.7 million tonnes grading 6.0% Zn, 0.2% lead, 17 g/t silver and 79 g/t indium; Nov 8, 2017). Four holes (107, 109, 110 and 111) were drilled at the new Zone 3 discovery area, part of a large geophysical target believed to be the northeastern extension of Ayawilca. An additional five holes were drilled at South, West and Central Ayawilca. Drilling of hole A18-112 at Zone 3 has now commenced, with a second drill rig expected to start up once the wet weather conditions improve in March. High-grade zinc mineralization intersected in holes A18-110 & A18-111 at Zone 3 is associated with flatdipping massive sulphide replacements of the Pucará limestone and lower Goyllar sandstone, similar in style to the zinc mineralization at South and West Ayawilca. In addition, high-grade vein-style polymetallic mineralization (zinc-lead-silver-tin) has been intersected in phyllite rocks at Zone 3 (hole A17-109), which represents a new style of mineralization encountered at Ayawilca for the first time. The high-grade polymetallic veins are believed to be feeder structures for the zinc and tin mineralization in the overlying limestones. | |
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