Couloir Capital Is Pleased to Announce It Has Initiated Research Coverage on Tinka Resources

Couloir Capital is pleased to announce it has initiated research coverage on Tinka Resources Limited (TSXV: TK) (OTCQB: TKRFF) (BVL: TK) ("TK" or "Company"). The new report is titled "Advancing One of the Largest Undeveloped Zinc Assets in the World."

Report excerpt: "Tinka's flagship property and current focus is one of the largest zinc deposits held by a junior mining company. The 2024 updated PEA further strengthens Ayawilca's potential to become a top-10 global zinc producer. The mine proposal outlines a 21-year operation processing 2 million tonnes of silver, zinc, and lead per year, with an additional tin component for 15 years at a rate of 0.3 million tonnes per year. The updated PEA highlights robust project economics with an after-tax NPV@8% of US$434 million and after-tax IRR of 25.9%."

The report can be accessed through Couloir Capital's portal: https://www.couloircapital.com/research-portal

About Couloir Capital Ltd.

Couloir Capital Ltd. is an investment research firm comprised of a team of veteran investment professionals dedicated to providing opportunities in the natural resource exploration and development sectors. Couloir Capital Ltd. is affiliated with a registered securities dealer, Couloir Securities Ltd.

For further information, please contact:

Rob Stitt, Managing Director, Couloir Capital Ltd.

Email: rstitt@couloircapital.com

www.couloircapital.com

Analyst Disclosure:

  1. The analyst and/or Couloir Capital do not hold shares or options in the Company.

  2. Couloir Capital has been retained under a service agreement by the Company. This service agreement includes analyst research coverage.

  3. Investors are encouraged to read the complete list of disclosures contained in the report.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/206154

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Tinka Announces Filing of Technical Report on an Updated Preliminary Economic Assessment of the Ayawilca Polymetallic Project

Tinka Resources Limited ("Tinka" or the "Company") (TSXV:TK)(BVL:TK)(OTCQB:TKRFF) announces that the Company has filed a National Instrument 43-101 Technical Report entitled "NI 43-101 Technical Report on a Preliminary Economic Assessment of the Ayawilca Polymetallic Project, Peru" ("Technical Report") in support of the Company's news release dated February 28, 2024 (the "News Release"). There are no material differences in the Technical Report from the information disclosed in the News Release. The effective date of the Technical Report is February 28, 2024

Dr. Graham Carman, Tinka's President and CEO stated: "We are pleased to release the Technical Report for the updated 2024 Preliminary Economic Assessment ("PEA") which showcases Ayawilca as an attractive polymetallic project with a mix of critical metals and excellent economics using conservative metal prices. The updated PEA introduces significant improvements from the previous study, including a streamlined operation with a more efficient zinc-silver-lead plant and a dedicated tin plant. In addition, the Ayawilca Mineral Resource has a stronger level of confidence following drilling completed in 2023 while the updated conceptual mine footprint is more compact. Ayawilca has a mix of essential critical metals for the modern hi-tech economy, and we look forward to continuing to move the project towards development."

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Tinka Reports Updated PEA and Mineral Resource Estimate for the Ayawilca Polymetallic Zinc-Tin-Silver Deposit

Tinka Resources Limited ("Tinka" or the "Company") (TSXV:TK)(BVL:TK)(OTCQB:TKRFF) is pleased to announce the results from an updated Preliminary Economic Assessment(" PEA") on the Company's 100%-owned polymetallic Ayawilca project ("Ayawilca" or the "Project") in central Peru. The updated PEA shows Ayawilca to be an excellent base metals project with significant enhancements from the previous PEA study. The Project now features a smaller, more efficient zinc-silver-lead plant, introduces a separate tin plant for additional revenue and commodity diversification and highlights the development path forward for Ayawilca to become a producing mine

PEA Highlights:

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Tinka Provides Ayawilca Project Update

Tinka Resources Limited ("Tinka" or the "Company") (TSXV:TK)(BVL:TK)(OTCQB:TKRFF) is pleased to provide an update on the Company's exploration and development activities at its 100%-owned Ayawilca project ("Ayawilca" or the "Project") in central Peru

Key Highlights for 2023

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Tinka Reports Final Drill Hole Results from 11,000 metre Drill Program and Provides Exploration Update

Tinka Resources Limited ("Tinka" or the "Company") (TSXV:TK)(BVL:TK)(OTCQB:TKRFF) is pleased to announce results for the final three drill holes of the 11,000-metre 2022-2023 drill program at South Ayawilca and to provide an update on the Company's ongoing exploration activities. The recent drill campaign at Ayawilca was completed at the end of May 2023. The Company is now focused on completing a Mineral Resource update for the Ayawilca deposit and revising future mining scenarios via a desktop trade-off study. Exploration is also continuing at the Company's nearby Silvia copper-gold project

Drill results from the "Silver Zone" at South Ayawilca were highly encouraging with a high-grade silver intercept in a 150-metre step-out in hole A22-195. The other two new holes reported here, A23-221 and A23-223, intersected high-grade "Zinc Zone" mineralization in resource confirmation holes. All drill hole results have now been incorporated into a revised geological model for the Ayawilca deposit, and an independent consultant is currently updating the Mineral Resource estimation for the Zinc and Tin Zones.

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Tinka Drills 98 Metres at 8.8% Zinc Including 36 Metres at 19.0% Zinc at Ayawilca and Provides Exploration Update

Tinka Resources Limited ("Tinka" or the "Company") (TSXV:TK)(BVL:TK)(OTCQB:TKRFF) is pleased to announce results for five recent drill holes from the Ayawilca Project and to provide an update on the Company's exploration activities. All five drill holes were resource confirmation holes from West Ayawilca, and all intersected strong zinc mineralization. The Company has now successfully completed its 11,000-metre drill program at Ayawilca which commenced midway through 2022. Two drill rigs were demobilized during May 2023 and independent mining consultants have now been engaged to complete an updated mineral resource estimate

The 2022-23 drill program has significantly improved the geological model of the mineralized zinc bodies at West and South Ayawilca and improved the confidence in the continuity of mineralization. One exploration hole at South Ayawilca has results pending. The next steps for the project include an updated resource estimate to be announced during Q3 2023 and the continuation of low impact exploration.

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Trident Royalties PLC (AIM:TRR)(OTCQB:TDTRF), the diversified mining royalty company, is pleased to note the recent positive announcement by TSX- and NYSE-A listed Equinox Gold ("Equinox", TSX: EQX, NYSE-A: EQX) in relation to its Greenstone Gold Mine ("Greenstone") in Ontario, Canada. Trident holds an offtake for 100% of the gold produced at Greenstone up to 58,500 ounces per annum until 1 March 2027

Greenstone has achieved its inaugural gold pour on schedule, producing 1,800 ounces of gold from the full recovery circuit, with all equipment operating as expected. Greenstone will be Equinox's flagship asset and largest, lowest-cost producer. When operating at capacity, the Greenstone open-pit is expected to produce approximately 400,000 ounces of gold annually for the first five years, and average 360,000 ounces of gold per year for its initial 14-year mine life, making Greenstone one of Canada's largest gold mines. 1

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Pan American Silver Releases 2023 Sustainability Report

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Pan American Silver Corp. (NYSE: PAAS) (TSX: PAAS) ("Pan American" or the "Company") today released its 2023 Sustainability Report (the "Report") describing Pan American's approach and performance in the areas of environment, social and governance ("ESG"). A Spanish and Portuguese version of the Report will be released shortly.

Highlights of Pan American's 2023 ESG performance include:

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Astria Therapeutics, Inc. (NASDAQ:ATXS), a biopharmaceutical company focused on developing life-changing therapies for allergic and immunological diseases, today announced that it will present two posters at the upcoming European Academy of Allergy and Clinical Immunology (EAACI) Congress in Valencia, Spain on June 1, 2024.

  • Dr. Marcus Maurer, M.D., Professor of Dermatology and Allergy at Charité Universitätsmedizin in Berlin, will present information on ALPHA-SOLAR, a long-term open-label trial of STAR-0215 in people living with HAE, in a poster titled "Rationale and Design of the ALPHA-SOLAR Clinical Trial of STAR-0215 for the Treatment of Hereditary Angioedema (HAE)." The poster session will take place on Saturday, June 1 at 12:00pm CEST.
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About Astria Therapeutics:

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StrategX Elements Corp. (CSE: STGX) ("StrategX" or the "Company"), announces its intention to complete a non-brokered private placement of up to 15,000,000 common shares (the "Shares") at a purchase price of $0.10 per Share to raise gross proceeds of up to $1,500,000. The proceeds received from the sale of the Shares will be used to fund a drill program on the Company's Nagvaak Property and for general working capital purposes. When issued, the Shares will be subject to a four-month-and-one-day hold period under securities laws in Canada.

It is proposed that all of the Shares will be purchased by David Haig Associates Inc. ("DHA"), which will result in DHA holding 28.5% of the issued shares of the Company, on a non-diluted basis. As such, DHA will become a new control person. This financing is subject to CSE approval. Pursuant to CSE policies, the creation of a new control person is subject to shareholder approval which may be obtained by way of written consent of shareholders holding 50% + 1 of the issued shares of the Company. This private placement is expected to close as soon as all approvals have been obtained.

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Heritage Mining Commences 2024 Exploration Season at Expanded Drayton-Black Lake

(TheNewswire)

Heritage Mining Ltd.

VANCOUVER, BC, May 22, 2024 TheNewswire Heritage Mining Ltd. (CSE: HML FRA:Y66) (" Heritage " or the " Company ") is pleased to announce the commencement of the 2024 exploration program at its flagship property Drayton Black Lake (" DBL "). The Company believes the progress achieved to date represents important milestones for systematic exploration in one of the last underdeveloped greenstone belts in Northwestern Ontario.

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This public information session allowed the population and various organizations to obtain details on the Project and answers on subjects of concern to them. Falco's team has been engaged and listening to citizens since day one. To that effect, Falco has heard each of the concerns raised during the public information session and again invites the population to come meet the team at Espace Falco, located at 157 Avenue Principale, in Rouyn-Noranda.

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