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Tinka Reports update mineral resources estimate at Ayawilca in Perur

Mining News - Published on Wed, 28 Nov 2018

Image Source: steelguru.com
Tinka Resources announced an updated mineral resources estimate for its Ayawilca zinc and tin deposits in Peru, Part of the Zinc Zone mineral resource is now classified as indicated, incorporating a higher-grade portion of the deposit. In addition, the updated inferred mineral resource is of a similar size and grade to the previous Zinc Zone resource reported in November 2017. The updated Tin Zone inferred mineral resource is also substantially larger. This resources update follows a very successful drilling program, with the company completing approximately 20,000 metres during 2018.

Highlights

Indicated Zinc Zone mineral resource of 11.7 million tonnes grading 6.9 percent zinc, 0.16 percent lead, 84 grams per tonne (g/t) indium and 15 g/t silver (8.1 percent zinc equivalent), containing:
1.8 billion pounds of zinc;
983 tonnes of indium;
5.8 million ounces of silver; and
42 million pounds of lead.

Inferred Zinc Zone mineral resource of 45.0 million tonnes grading 5.6 percent zinc, 0.23 percent lead, 67 g/t indium and 17 g/t silver (6.7 percent zinc equivalent), containing:
5.6 billion pounds of zinc;
3,003 tonnes of indium;
25.2 million ounces of silver; and
230 million pounds of lead.

Inferred Tin mineral resource of 14.5 million tonnes grading 0.63 percent tin, 0.21 percent copper, and 18 g/t silver (0.70 percent tin equivalent), containing:
201 million pounds of tin;
67 million pounds of copper; and
8 million ounces of silver.

Source :

Posted By : Nanda Koijam on Wed, 28 Nov 2018
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