VANCOUVER, Sept. 18, 2017 /CNW/ - Tinka Resources
Limited ("Tinka" or the "Company") (TSXV:
TK) (OTCPK: TKRFF) is pleased to announce assay results
for an additional nine step-out drill holes from the Company's
100%-owned Ayawilca zinc project in central Peru. Strong zinc intercepts continue to be
encountered at South Ayawilca and West Ayawilca. An initial hole at
the Chaucha area, about 1.5 kilometres north of the Ayawilca
resource, shows encouraging geology and this area requires
additional work. Tinka continues to expand the footprint of the
zinc mineralization at Ayawilca, with approximately 15,000
metres in 44 holes drilled year-to-date at several prospective
areas (Figure 1). Step-out drilling in the current program
is expected to continue at South Ayawilca until December.
The Company is also pleased to announce that it intends to
update the Ayawilca zinc resource estimation on completion of
the two holes now in progress at South Ayawilca (including sampling
and assaying). The resource update is expected to be completed
by early November. RPA Inc. of Toronto has been retained to complete the
resource update and the accompanying National Instrument 43-101
report.
Key Highlights of latest drill holes
Hole A17-089
(South Ayawilca):
- 10.8 metres at 16.7 % zinc & 681 g/t indium from 218.6
metres depth, including
-
- 1.8 metres at 35.9 % zinc & 1,248 g/t indium from 218.6
metres depth, and
- 2.7 metres at 33.6 % zinc & 1,800 g/t indium from 222.5
metres depth;
- 9.2 metres at 7.9 % zinc, 18 g/t silver & 60 g/t indium
from 241.0 metres depth.
Hole A17-083 (West Ayawilca):
- 2.9 metres at 8.0 % zinc, 0.6 % lead & 61 g/t silver
from 81.6 metres depth;
- 10.2 metres at 3.0 % zinc, 0.7 % lead & 15 g/t silver
from 268.0 metres depth.
Hole A17-085 (West Ayawilca):
- 1.8 metres at 9.6 % zinc from 292.3 metres depth;
- 2.4 metres at 14.3 % zinc, 0.2 % lead & 18 g/t silver
from 303.1 metres depth.
Dr. Graham Carman, Tinka´s
President and CEO, stated: "Our ongoing drill program continues
to expand the high grade zinc mineralization at South Ayawilca and
to grow the West Ayawilca zone beyond the limits of the existing
resource model. Following up on our successful campaign so far, I
am pleased to announce that Tinka is planning an updated estimate
of the zinc mineral resources at Ayawilca by early November. This
resource update will be a significant milestone for the Company,
and it will incorporate mineralization at the high-grade South
Ayawilca discovery. Importantly, drilling will continue
beyond this period as we test the southern and eastern extensions
of South Ayawilca for further high-grade
discoveries."
Dr. Carman continued: "Tinka was recently awarded the title
of 'Explorer of the Year Americas 2017' by the Mining Journal of
London, UK. We are very proud of
this award as it brings with it recognition of our achievements
during the year. We believe there is much more value to be
added, as we advance towards a significant resource update and
continue to de-risk Ayawilca with additional studies including
metallurgical test work which will be reported late 2017. We also
believe there is more exploration upside to be unlocked as zinc
mineralization remains open in multiple directions."
See Table 1 for a summary of all significant zinc intercepts in
the 2017 drill program to date.
South Ayawilca area
Mineralization at South Ayawilca
remains open to the south and southeast (Figure 2). Five holes from
South Ayawilca have assays pending (A17-093 through A17-097) and
two holes are in progress (A17-098 and A17-099). Holes A17-087 and
A17-089 have some very high grade zinc intercepts at the western
end of South Ayawilca where the prospective limestone appears to
thin out (Figure 3).
West Ayawilca area
New results from holes A17-083 and
A17-085 have expanded the mineralization at West Ayawilca to the
northeast (Figure 4). Mineralization remains open in this
direction, and further drilling is planned in 2018.
Chaucha, Zone 3 and Valley target areas
Tinka has now
drilled its first exploration holes into the Chaucha, Zone 3 and
Valley target areas, about 1.5 kilometres north of the Ayawilca
zinc resources (Figure 1). At Chaucha, two holes were
successfully drilled to test a discrete magnetic anomaly
approximately 150 metres across. Drill hole A17-086 intersected
massive iron oxides (magnetite - hematite) and pyrite over a down
hole interval of 125 metres (from 57.50 to 181.80 metres) within a
sub-vertical brecciated carbonate host rock. Although there
was no significant zinc mineralization we believe the abundance of
iron, a first for this style of mineralization at Ayawilca, could
indicate the presence of a large hydrothermal system
nearby. More drilling is planned in 2018, to better understand
the significance of the mineralization encountered. The second hole
at Chaucha, A17-084, tested outside the limit of the magnetic
anomaly and did not intersect significant mineralization.
At the Zone 3 area, hole A17-081 was stopped at 506 metres in
chlorite-altered limestone. The chlorite alteration is interpreted
to indicate a nearby mineralizing heat source. Results are pending
for hole A17-091, which also encountered strong chlorite alteration
in a fault zone. Given the high priority of the resource drilling,
the Company recently moved the drill rig from Zone 3 to South
Ayawilca. More drilling is planned for Zone 3 in 2018. At the
Valley area, results are pending for holes A17-090 and
092.
True thicknesses of the zinc intersections are estimated to be
at least 85% of the downhole thickness, except where otherwise
noted in footnotes to Table 1. All significant results of the 2017
program are summarized in Table 1 with the strongest intercepts in
bold text. Table 2 summarizes all drill collar information to
date.
Maps attached:
Figure 1: Geological map with
2017 drill holes and targets;
Figure 2: Drill hole locations at South, West and Central
Ayawilca;
Figure 3: Longitudinal section of South Ayawilca;
Figure 4: Cross section of West Ayawilca;
NI 43-101 Technical Report:
On June 29, 2016, Tinka filed an independent
National Instrument 43-101 Technical Report (the "NI 43-101
Technical Report") on the Mineral Resource Estimate for the
Ayawilca Property, Department of Pasco, Peru in support of the Company's news release
dated May 25, 2016. The NI
43-101 Technical Report was authored by Mr. David Ross. P.Geo., of Roscoe Postle Associates
Inc., who is an independent "qualified person" as defined by
National Instrument 43-101. The NI 43-101 Technical Report may be
found under the Company's profile on SEDAR at www.sedar.com and on
the Company's website at www.tinkaresources.com.
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.
Table 1. Summary of 2017 Drill Results from Ayawilca by
Area and Date of Release
Drill
hole
|
From
m
|
To
m
|
Interval
m
|
Zn
%
|
Pb
%
|
Ag
g/t
|
Indium
g/t
|
Area
Ayawilca
|
Reported
|
A17-0561
|
90.30
|
90.65
|
0.35
|
29.0
|
0.4
|
82
|
443
|
South
|
April 3
'17
|
and
|
113.00
|
113.40
|
0.40
|
31.2
|
0.0
|
85
|
759
|
|
April 3
'17
|
and
|
126.00
|
189.90
|
63.90
|
5.6
|
0.1
|
17
|
29
|
|
March 6
'17
|
including
|
127.50
|
145.40
|
17.90
|
11.6
|
0.2
|
36
|
20
|
|
March 6
'17
|
Including
|
127.50
|
133.30
|
5.80
|
22.5
|
0.3
|
77
|
50
|
|
March 6
'17
|
and
|
199.20
|
204.70
|
5.50
|
5.8
|
0.1
|
6
|
38
|
|
April 3
'17
|
and
|
228.50
|
233.70
|
5.20
|
12.9
|
0.0
|
11
|
162
|
|
March 6
'17
|
and
|
242.00
|
293.90
|
51.90
|
10.1
|
0.1
|
624
|
233
|
|
April 3
'17
|
including
|
279.00
|
293.90
|
14.90
|
20.6
|
0.2
|
1524
|
441
|
|
April 3
'17
|
including
|
279.00
|
285.40
|
6.40
|
37.5
|
0.4
|
301
|
916
|
|
April 3
'17
|
A17-056A
|
286.50
|
296.00
|
9.50
|
9.3
|
0.3
|
19
|
88
|
South
|
May 3'17
|
and
|
309.00
|
313.10
|
4.10
|
18.6
|
0.1
|
27
|
224
|
|
May 3'17
|
including
|
310.50
|
313.10
|
2.60
|
27.3
|
0.1
|
38
|
336
|
|
May 3'17
|
A17-057
|
84.90
|
86.35
|
1.45
|
24.8
|
0.0
|
62
|
157
|
South
|
April 3
'17
|
and
|
143.70
|
144.50
|
0.80
|
40.4
|
0.1
|
138
|
261
|
|
April 3
'17
|
and
|
157.60
|
197.70
|
40.10
|
9.1
|
0.2
|
22
|
168
|
|
April 3
'17
|
including
|
168.20
|
177.80
|
9.60
|
16.8
|
0.1
|
22
|
299
|
|
April 3
'17
|
and
|
227.15
|
234.90
|
7.75
|
3.5
|
0.2
|
21
|
85
|
|
April 3
'17
|
and
|
264.00
|
279.30
|
15.30
|
20.0
|
2.5
|
102
|
263
|
|
April 3
'17
|
including
|
265.75
|
269.00
|
3.25
|
34.5
|
2.1
|
96
|
196
|
|
April 3
'17
|
including
|
272.50
|
277.70
|
5.20
|
32.5
|
1.3
|
69
|
639
|
|
April 3
'17
|
A17-058
|
103.50
|
107.70
|
4.205
|
20.2
|
4.2
|
3294
|
15
|
West
|
May 3'17
|
and
|
133.25
|
134.35
|
1.105
|
30.3
|
3.2
|
500
|
61
|
|
May 3'17
|
A17-058 did not reach
target, lost at 301 metres in sandstone
|
|
|
|
|
A17-059
|
50.30
|
51.10
|
0.80
|
37.5
|
0.5
|
69
|
70
|
South
|
June 8'17
|
|
58.00
|
60.00
|
2.00
|
6.3
|
0.0
|
12
|
30
|
|
June 8'17
|
Drill
hole
|
From
m
|
To
m
|
Interval
m
|
Zn
%
|
Pb
%
|
Ag
g/t
|
Indium
g/t
|
Area
Ayawilca
|
Reported
|
A17-060
|
262.40
|
264.40
|
2.00
|
14.8
|
0.0
|
35
|
1178
|
South
|
May 3'17
|
and
|
275.00
|
279.50
|
4.50
|
15.0
|
0.0
|
20
|
383
|
|
May 3'17
|
and
|
298.00
|
328.50
|
30.52
|
3.4
|
0.2
|
10
|
38
|
|
May 3'17
|
including
|
303.40
|
312.00
|
8.60
|
5.1
|
0.1
|
11
|
6
|
|
May 3'17
|
A17-061
|
122.70
|
150.50
|
27.80
|
4.4
|
0.1
|
18
|
24
|
South
|
May 3'17
|
including
|
145.70
|
147.50
|
1.805
|
27.2
|
0.0
|
32
|
157
|
|
May 3'17
|
and
|
184.00
|
202.60
|
18.603
|
10.4
|
0.5
|
52
|
59
|
|
May 3'17
|
including
|
196.20
|
198.80
|
2.60
|
23.6
|
2.4
|
192
|
19
|
|
May 3'17
|
including
|
201.90
|
202.60
|
0.70
|
28.7
|
3.6
|
202
|
41
|
|
May 3'17
|
and
|
220.00
|
233.40
|
13.40
|
18.7
|
0.9
|
57
|
463
|
|
May 3'17
|
including
|
224.10
|
230.00
|
7.90
|
29.3
|
0.8
|
71
|
719
|
|
May 3'17
|
and
|
265.00
|
266.80
|
1.80
|
37.0
|
0.2
|
85
|
808
|
|
May 3'17
|
A17-062
|
152.40
|
153.05
|
0.655
|
33.6
|
0.3
|
166
|
42
|
South
|
June 28'17
|
A17-062 was lost
prior to target depth in a fault zone at 313 metres
|
|
|
A17-063
|
302.20
|
349.90
|
47.70
|
11.3
|
0.0
|
18
|
313
|
South
|
June 8'17
|
including
|
303.30
|
313.10
|
9.80
|
17.4
|
0.0
|
28
|
587
|
|
June 8'17
|
including
|
327.40
|
339.60
|
12.20
|
17.1
|
0.0
|
26
|
495
|
|
June 8'17
|
A17-064
|
269.90
|
270.40
|
0.50
|
15.6
|
0.0
|
11
|
304
|
South
|
June 8'17
|
and
|
277.20
|
277.60
|
0.40
|
14.5
|
0.0
|
17
|
39
|
|
June 8'17
|
A17-065
|
119.00
|
119.75
|
0.75
|
36.6
|
0.1
|
88
|
157
|
South
|
June 8'17
|
and
|
204.00
|
210.00
|
6.00
|
4.0
|
0.0
|
4
|
9
|
|
June 8'17
|
and
|
219.50
|
238.80
|
19.30
|
4.7
|
0.0
|
7
|
93
|
|
June 8'17
|
including
|
236.20
|
238.80
|
2.60
|
20.6
|
0.0
|
23
|
529
|
|
June 8'17
|
and
|
266.40
|
293.00
|
26.60
|
3.6
|
0.0
|
4
|
46
|
|
June 8'17
|
and
|
307.30
|
332.00
|
24.70
|
3.8
|
0.0
|
5
|
51
|
|
June 8'17
|
and
|
340.00
|
346.00
|
6.00
|
2.6
|
0.1
|
7
|
16
|
|
June 8'17
|
A17-066
|
185.20
|
185.50
|
0.30
|
37.8
|
0.0
|
40
|
1330
|
South
|
June 8'17
|
and
|
330.90
|
334.40
|
3.50
|
7.4
|
0.1
|
24
|
111
|
|
June 8'17
|
and
|
345.00
|
350.00
|
5.00
|
11.3
|
0.1
|
37
|
270
|
|
June 8'17
|
A17-067
|
256.40
|
265.00
|
8.60
|
2.7
|
0.2
|
39
|
0
|
South
|
June 28'17
|
A17-068
|
343.55
|
344.30
|
0.75
|
6.1
|
11.6
|
210
|
7
|
Central
|
June 28'17
|
and
|
382.00
|
388.00
|
6.00
|
4.0
|
0.1
|
46
|
47
|
|
June 28'17
|
A17-069
|
182.00
|
190.00
|
8.00
|
3.0
|
0.5
|
13
|
17
|
South
|
June 28'17
|
and
|
261.60
|
262.30
|
0.70
|
17.8
|
0.0
|
14
|
73
|
|
June 28'17
|
and
|
271.40
|
300.70
|
29.30
|
10.4
|
0.1
|
17
|
278
|
|
June 28'17
|
including
|
287.30
|
299.40
|
12.10
|
19.1
|
0.1
|
25
|
440
|
|
June 28'17
|
A17-070
|
100.00
|
105.10
|
5.10
|
6.3
|
0.6
|
127
|
82
|
South
|
June 28'17
|
and
|
306.80
|
308.40
|
1.60
|
15.4
|
0.1
|
40
|
529
|
|
June 28'17
|
and
|
317.50
|
356.80
|
39.306
|
7.1
|
0.1
|
13
|
100
|
|
June 28'17
|
including
|
340.00
|
356.80
|
16.80
|
12.9
|
0.1
|
19
|
183
|
|
June 28'17
|
including
|
340.00
|
348.00
|
8.00
|
20.9
|
0.1
|
19
|
265
|
|
June 28'17
|
A17-071
|
327.20
|
350.00
|
22.80
|
8.4
|
0.8
|
35
|
17
|
South
|
July 7'17
|
including
|
332.40
|
345.00
|
12.60
|
11.6
|
0.9
|
35
|
30
|
|
July 7'17
|
A17-072
|
104.80
|
105.60
|
0.80
|
27.0
|
0.3
|
73
|
125
|
South
|
July 7'17
|
and
|
294.50
|
306.00
|
11.50
|
2.9
|
2.3
|
781
|
0
|
|
July 7'17
|
including
|
302.00
|
304.00
|
2.00
|
5.6
|
5.5
|
3167
|
0
|
|
July 7'17
|
A17-073
|
no significant
results
|
|
Zone 3
|
July 7'17
|
A17-074
|
71.40
|
73.60
|
2.205
|
31.0
|
0.1
|
138
|
23
|
West
|
July 7'17
|
and
|
148.00
|
148.70
|
0.705
|
18.3
|
0.3
|
38
|
0
|
|
July 7'17
|
A17-075
|
359.00
|
379.87
|
20.80
|
5.0
|
0.0
|
11
|
44
|
South
|
July 7'17
|
including
|
376.30
|
379.80
|
3.50
|
10.2
|
0.0
|
17
|
96
|
|
July 7'17
|
A17-076
|
196.70
|
199.50
|
2.80
|
4.5
|
0.4
|
54
|
43
|
South
|
Aug 15 '17
|
and
|
264.00
|
269.90
|
5.90
|
1.2
|
1.0
|
58
|
0
|
|
Aug 15 '17
|
and
|
368.00
|
373.70
|
5.70
|
2.4
|
1.9
|
55
|
0
|
|
Aug 15 '17
|
A17-077
|
265.10
|
268.00
|
2.90
|
2.9
|
2.8
|
84
|
0
|
Central
|
Aug 15 '17
|
and
|
337.30
|
339.60
|
2.30
|
9.2
|
0.0
|
11
|
79
|
|
Aug 15 '17
|
and
|
348.60
|
359.60
|
11.00
|
2.6
|
0.7
|
86
|
1
|
|
Aug 15 '17
|
Drill
hole
|
From
m
|
To
m
|
Interval
m
|
Zn
%
|
Pb
%
|
Ag
g/t
|
Indium
g/t
|
Area
Ayawilca
|
Reported
|
A17-078
|
190.00
|
191.20
|
1.20
|
8.9
|
0.3
|
380
|
32
|
Central
|
Aug 15 '17
|
and
|
400.10
|
404.40
|
4.30
|
7.8
|
0.1
|
4
|
57
|
|
Aug 15 '17
|
A17-079
|
209.30
|
225.15
|
15.85
|
2.4
|
1.2
|
25
|
0
|
West
|
Aug 15 '17
|
and
|
254.40
|
270.00
|
15.60
|
2.4
|
0.1
|
5
|
16
|
|
Aug 15 '17
|
and
|
273.25
|
309.50
|
36.25
|
5.2
|
0.2
|
10
|
65
|
|
Aug 15 '17
|
including
|
304.00
|
309.50
|
5.50
|
12.5
|
0.0
|
8
|
103
|
|
Aug 15 '17
|
A17-080
|
171.70
|
174.00
|
2.30
|
3.5
|
2.2
|
58
|
0
|
West
|
Aug 15 '17
|
and
|
291.30
|
306.50
|
15.20
|
6.0
|
0.0
|
7
|
184
|
|
Aug 15 '17
|
including
|
304.70
|
306.50
|
1.80
|
28.4
|
0.0
|
34
|
1400
|
|
Aug 15 '17
|
A17-081
|
no significant
results
|
Zone 3
|
Here
|
A17-082
|
not sampled - did not
reach target depth
|
Chaucha
|
Here
|
A17-083
|
81.60
|
84.50
|
2.90
|
8.0
|
0.6
|
61
|
133
|
West
|
Here
|
and
|
175.80
|
178.70
|
2.90
|
2.9
|
1.3
|
46
|
0
|
|
Here
|
and
|
268.00
|
278.20
|
10.20
|
3.0
|
0.7
|
15
|
3
|
|
Here
|
A17-084
|
no significant
results
|
Chaucha
|
Here
|
A17-085
|
100.00
|
102.00
|
2.00
|
8.3
|
0.0
|
10
|
28
|
West
|
Here
|
and
|
292.30
|
294.10
|
1.80
|
9.6
|
0.1
|
4
|
2
|
|
Here
|
and
|
303.10
|
305.50
|
2.40
|
14.3
|
0.2
|
18
|
20
|
|
Here
|
A17-086
|
no significant
results
|
Chaucha
|
Here
|
A17-087
|
133.50
|
134.40
|
0.90
|
9.6
|
0.1
|
472
|
15
|
South
|
Here
|
and
|
148.00
|
150.00
|
2.00
|
3.9
|
0.1
|
166
|
9
|
|
Here
|
and
|
242.00
|
242.80
|
0.80
|
7.4
|
3.3
|
607
|
26
|
|
Here
|
and
|
262.90
|
264.55
|
1.65
|
5.4
|
0.2
|
84
|
1
|
|
Here
|
A17-088
|
no significant
results
|
Valley
|
Here
|
A17-089
|
218.60
|
229.40
|
10.80
|
16.7
|
0.0
|
33
|
681
|
South
|
Here
|
including
|
218.60
|
220.40
|
1.80
|
35.9
|
0.0
|
40
|
1248
|
|
Here
|
including
|
222.50
|
225.20
|
2.70
|
33.6
|
0.1
|
68
|
1800
|
|
Here
|
and
|
241.00
|
250.20
|
9.20
|
7.9
|
0.0
|
18
|
60
|
|
Here
|
including
|
245.70
|
246.80
|
1.10
|
25.7
|
0.1
|
49
|
355
|
|
Here
|
including
|
249.40
|
250.20
|
0.80
|
35.6
|
0.1
|
51
|
103
|
|
Here
|
1 hole
lost at 293.9 metres; wedged and completed as A17-056A to 376
metres depth
|
|
|
2 includes
0.6 m with no core recovery from 315.2 to 315.8 m; this interval
was given a zero grade
|
3 includes
3.1 m with no core recovery from 198.8 to 201.9 m; this interval
was given a zero grade
|
4 includes
a silver assay cut at 1,000 g/t; actual assay in A17-056 was 0.2 m
at 16,490 g/t Ag, 7.0% Zn & 6.9 % Cu from 287.1 m.
|
5 high
grade vein intercepts with variable true thicknesses
|
|
|
6 includes
4.3 m of no recovery assumed zero grade
|
|
|
7 includes
1.7 m of no recovery assumed zero grade
|
|
|
Note: Assays
are calculated using a zinc only cut-off grade of 2% over 6
metres
|
|
|
Notes on sampling and assaying
Drill holes are diamond
HQ or NQ size core holes with recoveries generally above 80% and
often close to 100%. The drill core is marked up, logged, and
photographed on site. The cores are cut in half at the Company's
core storage facility, with half-cores stored as a future
reference. Half-core is bagged on average over 1 to 2 metre
composite intervals and sent to ALS or SGS laboratories in
Lima for assay in
batches. Standards and blanks are inserted into each batch
prior to departure from Tinka's core storage facilities. At the
laboratory samples are dried, crushed to 100% passing 2mm, then 500
grams pulverized for multi-element analysis by ICP using multi-acid
digestion. Samples assaying over 1% zinc, lead, or copper and over
100 g/t silver are re-assayed using precise ore-grade AAS
techniques.
Table 2. Summary of Drill Collar Information
(coordinates are in UTM Zone 18S WGS84 datum)
Drill
Hole
|
Easting
|
Northing
|
Total depth
(m)
|
Elevation
(m)
|
Azimuth
|
Dip
|
A17-056
|
333046
|
8845062
|
293.9
|
4202
|
300
|
-75
|
A17-056A
|
333046
|
8845062
|
376.4
|
4202
|
300
|
-75
|
A17-057
|
333046
|
8845062
|
477.0
|
4202
|
300
|
-55
|
A17-058
|
332557
|
8845657
|
301.0
|
4299
|
040
|
-82
|
A17-059
|
332840
|
8845192
|
248.9
|
4209
|
120
|
-85
|
A17-060
|
333174
|
8845005
|
358.4
|
4218
|
300
|
-70
|
A17-061
|
333058
|
8844996
|
326.9
|
4191
|
290
|
-67
|
A17-062
|
333175
|
8845004
|
309.0
|
4218
|
000
|
-90
|
A17-063
|
333241
|
8845118
|
416.6
|
4229
|
310
|
-70
|
A17-064
|
333062
|
8844993
|
369.1
|
4191
|
290
|
-50
|
A17-065
|
333174
|
8845090
|
366.3
|
4225
|
300
|
-75
|
A17-066
|
333345
|
8845193
|
371.6
|
4211
|
310
|
-70
|
A17-067
|
333059
|
8844996
|
302.8
|
4190
|
120
|
-85
|
A17-068
|
333552
|
8845279
|
419.7
|
4185
|
310
|
-75
|
A17-069
|
333114
|
8845103
|
374.3
|
4210
|
300
|
-65
|
A17-070
|
333152
|
8845150
|
367.8
|
4230
|
310
|
-75
|
A17-071
|
333328
|
8845044
|
383.3
|
4202
|
310
|
-70
|
A17-072
|
333114
|
8845103
|
445.9
|
4233
|
300
|
-53
|
A17-073
|
334458
|
8846616
|
710.0
|
4024
|
210
|
-75
|
A17-074
|
332666
|
8845491
|
429.6
|
4124
|
015
|
-75
|
A17-075
|
333434
|
8845121
|
395.3
|
4201
|
310
|
-70
|
A17-076
|
333155
|
8845153
|
420.7
|
4230
|
310
|
-55
|
A17-077
|
332966
|
8845460
|
416.2
|
4243
|
130
|
-70
|
A17-078
|
333656
|
8845227
|
477.2
|
4174
|
310
|
-75
|
A17-079
|
332919
|
8845717
|
322.6
|
4223
|
310
|
-65
|
A17-080
|
332915
|
8845805
|
335.4
|
4220
|
310
|
-70
|
A17-081
|
334696
|
8846099
|
506.8
|
4151
|
190
|
-70
|
A17-082
|
333774
|
8847585
|
67.2
|
3922
|
290
|
-65
|
A17-083
|
332968
|
8845607
|
317.6
|
4216
|
310
|
-70
|
A17-084
|
333694
|
8847613
|
123.1
|
3938
|
300
|
-75
|
A17-085
|
332903
|
8845938
|
346.6
|
4250
|
310
|
-70
|
A17-086
|
333693
|
8847613
|
217.9
|
3938
|
300
|
-50
|
A17-087
|
333005
|
8844940
|
316.8
|
4160
|
290
|
-72
|
A17-088
|
332689
|
8846884
|
224.6
|
4163
|
170
|
-65
|
A17-089
|
333003
|
8844943
|
330.1
|
4160
|
325
|
-60
|
On behalf of the Board,
"Graham Carman"
Dr. Graham Carman, President
& CEO
About Tinka Resources Limited
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.
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, drilling results, 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, delays in
obtaining or failure to obtain necessary permits and approvals from
local authorities, community agreements and 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