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zinc investing

Tinka Drills 52 metres at 10 % Zinc and 15 metres at 20 % Zinc at South Ayawilca

Priscila Barrera
Apr. 03, 2017 08:39AM PST
Base Metals Investing

Tinka Resources Limited (“Tinka” or the “Company”) (TSXV: TK) (OTCPK: TKRFF) is pleased to announce new results from drill holes A17-056 and A17-057, the first two holes of the 10,000 metre 2017 drill program at Ayawilca, Peru, and the first holes to be drilled at South Ayawilca.  Both holes were drilled from the same platform, …

Tinka Resources Limited (“Tinka” or the “Company”) (TSXV: TK) (OTCPK: TKRFF) is pleased to announce new results from drill holes A17-056 and A17-057, the first two holes of the 10,000 metre 2017 drill program at Ayawilca, Peru, and the first holes to be drilled at South Ayawilca.  Both holes were drilled from the same platform, approximately 400 metres from the existing zinc mineral resource.  Two zones of significant zinc mineralization were intersected in both holes, associated with gently dipping massive to semi-massive sulphide replacements of carbonate and clastic sediments.  Mineralization is open in all directions. Zinc mineralization is all sulphide (sphalerite, marmatite) accompanied by minor galena and iron sulphides.
As quoted in the press release:

Dr. Graham Carman, Tinka´s President and CEO, stated: “The first two holes at South Ayawilca have exceeded our expectations in terms of thickness and grade of zinc mineralization.  These two holes are undoubtedly the best adjacent mineralized holes ever drilled at Ayawilca.  There are also significant silver and indium credits. The intercepts in these holes are between 60 and 100 metres apart, and we interpret two mineralized bodies gently dipping to the south, formed by replacement of the host sequence, and remaining open in all directions (see Figures 1 & 2). Furthermore, mineralization can be correlated from hole to hole showing good continuity, and aiding our interpretation of this blind target. Hole A17-056 has semi-massive to massive sulphide replacement of the entire 150 metre thick carbonate sequence, indicating a very strongly mineralized system.”

Click here for the full text release

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