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Tinka Resources Drills 14.9 Meters of 1.1 Percent Tin, 0.36 Percent Copper at Ayawilca
Tinka Resources (TSXV:TK) reported further high-grade tin and zinc mineralization in step-out holes at its Ayawilca project in Peru. Drilling will continue at the project until mid-November, with two drill rigs working continuously.
Tinka Resources (TSXV:TK) reported further high-grade tin and zinc mineralization in step-out holes at its Ayawilca project in Peru. Drilling will continue at the project until mid-November, with two drill rigs working continuously.
As quoted in the press release, highlights of drill results included:
Tin-Copper Intercepts:
– A15-44: 14.9 metres at 1.10% tin, 0.36% copper and 26g/t silver from 350.5 m depth;
– A15-43: 47.7 metres at 0.47% tin, 0.20% copperand 4g/t silver from 281.9 m depth, including:
— 6.0 metres at 1.28% tin, 0.52% copper and 10g/t silver from 314.0 m depth;
– True thickness of the tin-copper intercepts estimated to be at least 90% of down-hole length;
– Drill holes A15-43 and A15-44 are located 400 and 600 metres, respectively, from hole A15-40 which intersected 50.5 metres at 1.23% tin and 0.16% copper reported in PR October 13, 2015.
Zinc Vein Intercepts:
– A15-46: 2.1 metres at 37.3% zinc, 347g/t indium, 255g/t silver and 2.3% lead from 99.2 m depth;
– A15-43: 3.3 metres at 14.9% zinc, 99g/t indium, 23g/t silver from 130.7 metres;
– A15-41: 1.9 metres at 28.0% zinc, 190g/t indium and 45g/t silver from 82.4 metres, and;
– True thickness of the zinc intercepts in veins are estimated to be between 35 and 65% of the down-hole length;
Tinka president and CEO, Dr. Graham Carman, said:
The Ayawilca tin-copper discovery continues to grow, exceeding our expectations. These new tin-copper intersections occur 400 to 600 metres from our best tin intercept recently announced in A15-40, within a wider zone covering 1.2 kilometres by 250 metres. The mineralization discovered to date occurs in a flat-dipping massive sulphide body or ‘manto’ – the feeder structure for this flat dipping mineralization is yet to be identified. Tinka is continuing to work towards an initial tin-copper resource estimate in 2016, as well as expanding the zinc resource.
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