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Tinka Resources files Nl 43-101 Technical Report on the Ayawilca Property, Peru

Mining News - Published on Tue, 15 Jan 2019

Image Source: CBR.ca -
Tinka Resources Limited announced that the Company has filed an updated independent National Instrument 43-101 Technical Report on the Mineral Resource Estimate for the Ayawilca Property, Department of Pasco, Peru, in support of the Company's news release dated November 26,2018 (the "News Release"). There are no material differences in the Nl 43-101 Technical Report from the information disclosed in the News Release.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.

Key Highlights of Updated Mineral Resources at Ayawilca

• Indicated Zinc Zone Mineral Resource of 11.7 million tonnes grading 6.9% zinc, 0.16% lead, 84 g/t indium and 15 g/t silver (8.1 % zinc equivalent "ZnEq"), containing:
o 1.8 billion pounds of zinc; o 983 tonnes of indium; o 5.8 million ounces of silver; and o 42 million pounds of lead.

• Inferred Zinc Zone Mineral Resource of 45.0 million tonnes grading 5.6% zinc, 0.23% lead, 67 g/t indium and 17 g/t silver (6.7% ZnEq), containing:
o 5.6 billion pounds of zinc; o 3,003 tonnes of indium; o 25.2 million ounces of silver; and o 230 million pounds of lead.

• Inferred Tin Mineral Resource of 14.5 million tonnes grading 0.63% tin, 0.21% copper, and 18 g/t silver (0.70% tin equivalent "SnEq"), containing:
o 201 million pounds of tin; o 67 million pounds of copper; and o 8 million ounces of silver.

Source :

Posted By : Rabi Wangkhem on Tue, 15 Jan 2019
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