VANCOUVER, Aug. 17, 2017 /CNW/ - Tinka Resources
Limited ("Tinka" or the "Company") (TSXV:
TK) (OTCPK: TKRFF) announces the appointment of Mr.
Ben McKeown to the Board of Tinka as
an independent non-executive director.
Mr. McKeown brings strong commercial, financial, strategic and
technical experience to the board of Tinka. He has worked
across various sectors and in a number of jurisdictions during his
25 years in resources including in iron ore, lithium, precious
metals, base metals, and oil and gas. He has served on
numerous listed and unlisted company boards as Chairman or
non-executive director, including Ferrous Resources Limited, Senex
Energy Ltd, Jordan Energy & Mining Ltd and Rincon Lithium
Ltd. Mr. McKeown was a partner at Sentient Group for 10 years
until May 2017. Previously, Mr. McKeown was an investment
principal at Actis (previously CDC Group) for 7 years. Mr. McKeown
graduated from Imperial College London with B. Eng (Hons) in Mining
Engineering, and holds an MBA from IESE Business School in
Barcelona. Mr. McKeown currently
resides in Sydney,
Australia.
Dr. Graham Carman, President
& CEO stated, "I am delighted to welcome Ben to the Tinka
Board. Ben brings a wealth of experience in leadership,
corporate governance, finance and project development to our
team. Ben is a highly respected mining finance professional,
and will enhance the skill set of our Board at a time of rapid
growth in the Company as we advance our Ayawilca zinc project in
Peru towards
development."
About Tinka Resources Limited
Tinka is an exploration
and development company with its flagship property being the
100%-owned Ayawilca Property 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 8.2% Zinc
Eq, and a Tin Zone Inferred Mineral Resource of 5.4 Mt at 0.89% Tin
Eq, both open for expansion (May 25,
2016). A significant resource expansion drill program began
in February 2017 and is ongoing.
The qualified person, Dr. Graham
Carman, Tinka's President and CEO, and a Fellow of the
Australasian Institute of Mining and Metallurgy, has reviewed and
verified the technical contents of this release.
On behalf of the Board,
"Graham Carman"
Dr. Graham Carman, President & CEO
Forward Looking Statements: Certain information in this
news release contains forward-looking statements and
forward-looking information within the meaning of applicable
securities laws (collectively "forward-looking
statements"). All statements, other than statements of
historical fact are forward-looking statements. Forward-looking
statements are based on the beliefs and expectations of Tinka as
well as assumptions made by and information currently available to
Tinka's management. Such statements reflect the current
risks, uncertainties and assumptions related to certain factors
including, without limitations, the Company's expectations
regarding mineral resource calculations, capital and other costs
varying significantly from estimates, production rates varying from
estimates, changes in world metal markets, changes in equity
markets, uncertainties relating to the availability and costs of
financing needed in the future, equipment failure, unexpected
geological conditions, imprecision in resource estimates or metal
recoveries, success of future development initiatives, competition,
operating performance, environmental and safety risks, community
relations, and other development and operating risks. Should any
one or more of these risks or uncertainties materialize, or should
any underlying assumptions prove incorrect, actual results may vary
materially from those described herein. Although Tinka
believes that assumptions inherent in the forward-looking
statements are reasonable, forward-looking statements are not
guarantees of future performance and accordingly undue reliance
should not be put on such statements due to the inherent
uncertainty therein. Except as may be required by applicable
securities laws, Tinka disclaims any intent or obligation to update
any forward-looking statement.
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this news release.
SOURCE Tinka Resources Limited