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Tinka Resources Ltd.
Summary
| Project: | Ayawilca-Colquipucro | |
|---|---|---|
| Deposit: | Ayawilca | |
| Location: | Peru | |
| Commodities: | Zinc-Lead-Indium-Silver | |
| Date: | 11/25/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 25-11-2019: Tinka Resources Ltd. announces an Exploration/Drilling Update report for its Ayawilca deposit at the Ayawilca-Colquipucro project. Drilling results incl. 51.40m @ 8.0% Zn, 0.3% Pb, 21ppm Ag, 208ppm In from 251.30m. Vancouver, Canada – Tinka Re | |
| Resources: | (Resource): 11.7Mt @ 8.1% ZnEq (Ind.) and 45.0Mt @ 6.7% ZnEq (Inf.) | |
| 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 the final hole of the 2019 drill program at the Company’s 100%-owned Ayawilca project in the Pasco region of Peru. Drill hole A19-168, an infill hole at South Ayawilca, intersected several zones of high grade zinc mineralization including 26.1 metres grading 10.1% zinc, and 3.6 metres grading 42.4% zinc within a wider interval of 51.4 metres grading 8.0% zinc. The Company is also pleased to announce that it has received final approval of its modified semi-detailed Environmental Impact Assessment (‘EIAsd’ or ‘the Permit’) for the Ayawilca project from the Peruvian Ministry of Energy and Mines. The approved EIAsd modification allows Tinka to drill from a large number of drill platforms (up to 240 platforms) within the existing permitted work area at Ayawilca consisting of approximately 300 hectares, within the next 2-3 years. This Permit enables Tinka to carry out all of the drilling activities needed to advance the project through the next phase of exploration and development. | |
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