Tinka Announces Filing of Technical Report on Ayawilca Property

Tinca Resources (TSXV:TK) has announced that it has filed an independent National Instrument 43-101 Technical Report on the Mineral Resource Estimate for the Ayawilca Property.
As quoted in the press release:

The updated Inferred Mineral Resource estimate for the Ayawilca Zinc Zone now consists of 18.8 million tonnes grading 8.2% Zinc Equivalent⁽¹⁾ (5.9% zinc, 0.2% lead, 74 g/t indium, and 15 g/t silver).  In addition, an initial Inferred Mineral Resource estimate for the Ayawilca Tin Zone consists of 5.4 million tonnes grading 0.89% Tin Equivalent⁽²⁾ (0.76% tin, 0.31% copper, and 18 g/t silver).  Both resource cut-off grades are equivalent to an approximate NSR of US$60 per tonne.

The Colquipucro Deposit Indicated Mineral Resource of 7.4 million tonnes grading 60 g/t silver and Inferred Mineral Resource of8.5 million tonnes grading 48 g/t silver remains unchanged since the previous resource update of February, 2015.

Dr. Graham Carman, Tinka’s President and CEO, stated: “The NI 43-101 Technical Report updates and replaces the previous technical report describing mineral resources at the Ayawilca Property, resulting from mineralization discovered in the 9,000 metre step-out drill program during the latter half of 2015.  The updated Zinc Zone Mineral Resource is a 42% resource increase at a higher ZnEq grade from the previous estimate (Feb’ 2015). We expect the mineral resources at Ayawilca to continue to grow, as the drilling footprint expands. Many more targets remain to be drill tested, and we are very much looking forward to the commencement of drilling once final approvals are obtained, expected late Q3 2016.”

Click here to read the full press release.