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Tinka Resources Ltd.
Summary
| Project: | Ayawilca-Colquipucro | |
|---|---|---|
| Deposit: | South Ayawilca, West Ayawilca | |
| Location: | Peru | |
| Commodities: | Zinc-Lead-Indium-Silver | |
| Date: | 8/15/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 15-8-2017: Tinka Resources Ltd. announces an Exploration/Drilling Update report for its South Ayawilca, West Ayawilca deposit at the Ayawilca-Colquipucro project. Drilling results incl. 36.25m @ 5.2% Zn, 0.2% Pb, 10g/t Ag, 65g/t In from 273.25m. Vancouver | |
| Resources: | (Resource, Inf.): 18.8Mt @ 5.9% Zn, 0.2% Pb, 15g/t Ag, 74g/t In at Ayawilca Zinc Zone | |
| CP/QP: | [Overall Report]: Graham Carman (Internal) | |
| ABSTRACT: | Vancouver, Canada – Tinka Resources Limited (“Tinka” or the “Company”) (TSXV: TK) (OTCPK: TKRFF) is pleased to announce assay results of a further five step-out drill holes at the Company’s 100%- owned Ayawilca zinc project in central Peru. These results include two holes drilled at each of West and South Ayawilca, with one hole drilled at Central Ayawilca. Tinka continues to expand the footprint of the zinc mineralization with an aggressive 2017 drill program – approximately 12,000 metres have been drilled in 35 holes completed during the campaign so far, with further step out holes planned for the remainder of the year. At West Ayawilca, holes A17-079 and A17-080 intersected significant thicknesses of high grade zinc mineralization, and have extended the West Ayawilca zinc zone by approximately 150 metres to the northeast. Mineralization at West Ayawilca remains open in that direction. At South Ayawilca, hole A17-078 has intersected manto-style mineralization a further 250 metres east from hole A17-075 (20.8 metres at 5.0 % zinc). Zinc mineralization remains open at South Ayawilca over approximately 700 metres (see Figures 1 & 2). Tinka is an exploration and development company with its flagship property being the 100%-owned Ayawilca carbonate replacement deposit (CRD) in the zinc-lead-silver belt of central Peru, 200 kilometres northeast of Lima. The Ayawilca Zinc Zone has an Inferred Mineral Resource of 18.8 Mt at 5.9 % zinc, 0.2 % lead, 15 g/t silver & 74 g/t indium, and a Tin Zone Inferred Mineral Resource of 5.4 Mt at 0.76 % tin, 0.31 % copper & 18 g/t silver (May 25, 2016). A significant resource expansion drill program began in February 2017 and is ongoing. | |
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