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Tinka (TSXV:TK) drills best ever zinc deposit

Mining, The Watchlist
TSXV:TK
24 November 2022 13:15 (EDT)

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Tinka Resources Limited (TK) has announced new results from its ongoing infill and resource expansion drill program at the Ayawilca Project in Peru.

Recently, four drill holes from the West Ayawilca area intersected high-grade zinc mineralization.

Hole A22-200 proved to be one of the best drill hole intersections ever made at West Ayawilca, with 44.90 metres at 12 per cent zinc which included an intercept of 16.10 metres at 22.20 per cent zinc. The area remains open at depth.

Dr. Graham Carman, President and CEO of Tinka, sat down with Daniella Atkinson to discuss the results. 

“All of the new drill holes have confirmed that the zinc sulphide mineralization at West occurs as strata-bound sulphide replacement of the lowermost limestone and breccia-filling sulphide replacement of the overlying carbonate rocks.”

Source: Tinka Resources Limited.

Also, hole A22-193 hit high-grade silver mineralization close to surface, with trace amounts of zinc and lead alongside it.

Results for five more drill holes are still pending. A second drill rig has been prepared, and two rigs are operating between West and South Ayawilca.

The company is expecting more drill results to be released over the next few months and aims to have a resource update during its first quarter of 2023.

Tinka Resources Limited (TK) opened trading at $0.17 per share.


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