Tinka more than doubles inferred mineral resources at Ayawilca: 42.7 million tonnes grading 7.3 % zinc equiv., & 10.5 million tonnes grading 0.70 % tin equiv.

Tinka Resources Limited (“Tinka” or the “Company”) (TSXV & BVL: TK) (OTCPK: TKRFF) is pleased to announce a Mineral Resource update for its 100%-owned Ayawilca zinc- indium-silver-lead sulphide deposit in Peru which includes the addition of ~15,000 metres of drilling completed so far in 2017. The zinc resource at Ayawilca is now estimated to be 42.7 million tonnes grading 7.3 % zinc equivalent (ZnEq).
As quoted in the press release:

Dr. Graham Carman, Tinka’s President and CEO, stated: “These updated Mineral Resource estimates are a major milestone for the Company. Ayawilca now has 5.6 billion pounds of contained zinc classified as Inferred resources, with significant potential for more as the resources are open in several directions. The updated Zinc mineral resource shows a 130 % increase in total contained pounds of zinc since the last resource estimate (May 2016), and a 127 % increase in overall tonnage (from 18.8 Mt to 42.7 Mt).  The zinc grade has gone up slightly to 6.0 % Zn (from 5.9 % Zn) while the zinc equivalent grade has decreased to 7.3 % ZnEq (from 8.2 % ZnEq) due to a higher zinc price and a lower indium price. Importantly, South Ayawilca now forms a high-grade core with 13.3 million tonnes grading 7.6 % Zn (9.5 % ZnEq) – see Table 3.  In addition, the Tin Mineral Resource has increased by 60 % since the last resource estimate (May 2016) to now include 145 million pounds of contained tin.”

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