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Tinka Resources (“Tinka” or the “Company”) (TSXV: TK) (OTCPK: TKRFF) is pleased to announce partial results from drill hole A17-56, the first hole of the 10,000 metre 2017 drill program at Ayawilca, Peru. Drill hole A17-56 is located approximately 400 metres south of the existing Zinc Zone Inferred Mineral Resource, and over 250 metres from any …
Tinka Resources (“Tinka” or the “Company”) (TSXV: TK) (OTCPK: TKRFF) is pleased to announce partial results from drill hole A17-56, the first hole of the 10,000 metre 2017 drill program at Ayawilca, Peru. Drill hole A17-56 is located approximately 400 metres south of the existing Zinc Zone Inferred Mineral Resource, and over 250 metres from any previous drill hole at Ayawilca. Mineralization in the hole is associated with massive to semi-massive sulphide replacements of carbonate and clastic sediments which also host the known mineralization elsewhere. These results report down to a depth of 238 metres only; hole A17-56 will continue to the base of the favourable limestone unit, with further high-grade zinc intersections expected. Tinka is mobilizing a second drill rig to site immediately.
Key Highlights from drill hole A17-56 (results to 238 metres depth only):
- 62.4 metres grading 5.6 % zinc from 127.5 metres depth, including:
- 17.9 metres at 11.6% zinc from 127.5 metres depth, including:
- 5.8 metres at 22.5 % zinc from 127.5 metres depth; and
- 5.2 metres at 12.9% zinc from 228.5 metres depth;
- All mineralized intercepts are sulphides.
As quoted in the press release:
Dr. Graham Carman, Tinka´s President and CEO, stated: “This is an exciting new zinc discovery at Ayawilca, in a 400 metre step-out hole from the existing mineral resource and our very first drill hole for 2017. This early success gives the Tinka team a great deal of confidence that our geological models and targeting methods are working. We are drilling a magnetic anomaly at South Ayawilca, and there are several other untested magnetic and zinc anomalies on the property that will be drilled in 2017 (see Figures 1 & 2).”
