| Announcement Date: | 2022-10-11 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | NI43-101 |
| Company name: | Tinka Resources Ltd. |
| Project name: | Ayawilca-Colquipucro |
| Location: | Peru |
| Commodities: | Zinc |
| Highlight: | Drilling results incl. 36.8m at 3.6% Zn |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Vancouver, Canada – Tinka Resources Limited (“Tinka” or the “Company”) (TSXV & BVL: TK) (OTCQB: TKRFF) is pleased to announce results for five holes in the Company’s ongoing 2022 drill program at the Ayawilca project in Central Peru. Results reported are for three resource extension holes at South Ayawilca (A22‐192, 194 and 195), and two exploration holes at Central Ayawilca (A22‐190 and 191). Results are pending for two holes (A22‐193 and 196) and the eighth drill hole in the program, A22‐197, is in progress. Approximately 10 to 12 more drill holes are planned in the zinc resource definition program. Drill hole A22‐195 returned very high‐grade zinc results (6 metres grading 18.8% zinc) within a repeated section of favourable limestone, approximately 10 metres below the main contact with the basement phyllite. This high‐grade zinc discovery is expected to extend the Zinc Zone indicated resource at South Ayawilca by around 60 metres to the northeast, with mineralization remaining open in that direction. Previous holes in the vicinity may have been stopped prematurely and did not test the lateral continuity of the repeated limestone in the basement. In another positive development for the program, strong tin‐copper mineralization was also intersected underneath zinc mineralization in hole A22‐190 at Central Ayawilca (32 metres grading 0.36% tin, 0.33% copper and 13 g/t silver), confirming the tenor of a previous drill hole intersection |
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