For thousands of other reports visit RSC's Mineral Intellingence Map
Tinka Resources Ltd.
Summary
| Project: | Ayawilca-Colquipucro | |
|---|---|---|
| Deposit: | Ayawilca | |
| Location: | Peru | |
| Commodities: | Zinc-Lead-Indium-Silver-Tin-Copper-Gold | |
| Date: | 4/3/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 3-4-2017: Tinka Resources Ltd. announces an Exploration/Drilling Update report for its Ayawilca deposit at the Ayawilca-Colquipucro project. Drilling results incl. 51.9m @ 10.1% Zn, 0.1% Pb, 62g/t Ag, 233g/t In from 242m. Tinka Resources Limited (“Tinka” | |
| Resources: | (Resource, Inf.): 18.8Mt @ 8.2% ZnEq (Zinc Zone) and 5.4Mt @ 0.89% SnEq (Tin Zone) | |
| CP/QP: | [Overall Report]: Graham Carman (Internal) | |
| ABSTRACT: | Tinka Resources Limited (“Tinka” or the “Company”) (TSXV: TK) (OTCPK: TKRFF) is pleased to announce new results from drill holes A17-056 and A17-057, the first two holes of the 10,000 metre 2017 drill program at Ayawilca, Peru, and the first holes to be drilled at South Ayawilca. Both holes were drilled from the same platform, approximately 400 metres from the existing zinc mineral resource. Two zones of significant zinc mineralization were intersected in both holes, associated with gently dipping massive to semi-massive sulphide replacements of carbonate and clastic sediments. Mineralization is open in all directions. Zinc mineralization is all sulphide (sphalerite, marmatite) accompanied by minor galena and iron sulphides. There have been logistical delays to the drill program caused by heavy summer rainfall. Tinka will mobilize a third rig to site during the first week of April to accelerate the drill program. Dr. Graham Carman, Tinka´s President and CEO, stated: “The first two holes at South Ayawilca have exceeded our expectations in terms of thickness and grade of zinc mineralization. These two holes are undoubtedly the best adjacent mineralized holes ever drilled at Ayawilca. There are also significant silver and indium credits. The intercepts in these holes are between 60 and 100 metres apart, and we interpret two mineralized bodies gently dipping to the south, formed by replacement of the host sequence, and remaining open in all directions (see Figures 1 & 2). Furthermore, mineralization can be correlated from hole to hole showing good continuity, and aiding our interpretation of this blind target. Hole A17-056 has semi-massive to massive sulphide replacement of the entire 150 metre thick carbonate sequence, indicating a very strongly mineralized system.” | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report