VANCOUVER, Jan. 8, 2018 /CNW/ - Tinka Resources
Limited ("Tinka" or the "Company") (TSXV &
BVL: TK) (OTCPK: TKRFF) announces the appointment
of Pieter Britz to its board of
directors, effective immediately, and the resignation of Ms. Yanina
Barilá as director.
Mr. Britz is an industrial engineer with over 20 years
experience as a mining professional, and has served on the board of
a number of resource companies in Canada, Australia and China. He is a registered professional
engineer, and a member of AusIMM. After spending 13 years in
the mining industry in Africa with
Kumba Resources, Mr. Britz spent three years in investment banking
with Royal Bank of Canada in
Australia, until 2007 when he
joined The Sentient Group (now Sentient Equity Partners) as an
investment professional in private equity.
The Company also announces the resignation of Ms. Barilá as a
director, effective immediately. Ms. Barilá served as a director
nominated by The Sentient Group since July
24, 2014.
Graham Carman, President and CEO,
stated: "We are pleased to welcome Pieter to the board of
Tinka. Pieter's extensive technical and capital markets
experience is an excellent addition to the skill set of our
board. I would also like to thank Yanina for her efforts
during her term as a director. She has been a valuable contributor
to the Tinka board, and we wish her all the best in her current and
future roles."
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 Inferred Mineral
Resource estimate now consists of 42.7 Mt at 6.0 % zinc, 0.2 %
lead, 17 g/t silver & 79 g/t indium, and a Tin Zone Inferred
Mineral Resource of 10.5 Mt at 0.63 % tin, 0.23 % copper & 12
g/t silver. Drilling for resource extensions and the testing of new
targets 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.
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