Tinka Increases Inferred Mineral Resources at Ayawilca

Tinka Resources (TSXV:TK) has announced a resource update for its 100 percent owned Ayawilca zinc-indium-silver-lead sulphide deposit in Peru, now consisting of 18.8 million tonnes grading 8.2 percent zinc equivalent at a cut-off grade of 5 percent ZnEq.
As quoted in the press release:

In addition, Tinka announces its first tin – copper – silver resource consisting of 5.4 million tonnes grading 0.89% tin equivalent (SnEq) at a cut-off grade of 0.45% SnEq. The Tin Zone resources lies spatially beneath the Zinc Zone and do not overlap. Both of the Mineral Resources are in accordance with the NI 43-101 Inferred Mineral Resource category at a cut-off grade equivalent to approximately US$60/t, as estimated by Roscoe Postle Associates Inc. (RPA) of Toronto, Canada.

Graham Carman, president and CEO, said:

The Mineral Resource update of the Zinc Zone represents a significant increase in tonnage and grade from the previous resource estimate (February 23, 2015) as a result of our successful resource step-out drill campaign especially at Central Ayawilca, during the latter part of 2015. In addition, we are very pleased to report a tin-copper-silver Mineral Resource estimate for the first time. The updated Zinc and first Tin resources remain open for expansion in mostdirections, and will be tested through an extensive drill program later in 2016, subject to obtaining final approvals.

Click here to read the full press release.