Tinka Resources Limited (TKRFF)

[douginil]

Tinka Discovers New High-Grade Zinc Zone At Pucarumi Area

December 21st, 2016

Zinc mineralization at Ayawilca now known over a discontinuous strike length of 10 km

Vancouver, Canada – Tinka Resources Limited (“Tinka” or the “Company”) (TSXV: TK) (OTCPK: TKRFF) announces the discovery of a new zinc prospect at “Pucarumi” located several kilometres northwest of the Company’s 100%-owned Ayawilca inferred zinc resource (18.8 million tonnes grading 8.2% Zn Eq) and within its existing mining claims in central Peru. High-grade mineralization grading up to 19% zinc and 8% lead occurs in two subparallel horizons at Pucarumi within Cretaceous age limestones over a strike length of 1.5 kilometres.

Key Highlights:

Prospecting by our geological team has discovered outcropping zinc mineralization at the “Pucarumi” prospect over a 1.5 kilometre strike length, located several kilometres from the Ayawilca zinc resource – Figure 1;
Channel sampling has returned grades ranging from 0.2% Zn to 19.0% Zn from 61 samples over an average width of 1.5 to 2.0 metres in mineralized Chulec Formation limestone – Figure 2. Two subparallel mineralized horizons have been mapped and partially sampled to date, each horizon separated by approximately 50 metres. Samples were continuous channel samples from selected locations;
Most samples also contained disseminated galena, with lead grades ranging from 0.01% Pb to 7.9% Pb; and
Systematic sampling of the mineralized horizons and regional soil sampling is continuing.

Dr. Graham Carman, Tinka´s President and CEO, stated: “The footprint of the Ayawilca Zinc project continues to grow, as we expand our exploration efforts within the district. We have now found zinc mineralization over 10 kilometres of strike along a discontinuous northwest to southeast trend, and identified at least 10 areas with significant zinc mineralization. The zinc mineralization at Pucarumi is hosted in Chulec Formation limestone, and is much higher in the stratigraphic sequence than the Pucara Formation where zinc on the property has been identified to date. This proves for the first time that multiple limestone formations on the property are prospective. The zinc at Pucarumi is oxidized but we would expect to encounter zinc sulphides at depth.”

“We are very much looking forward to commencing our 10,000 to 15,000 metre drill program early in 2017, focusing on immediate extensions of the zinc resource through step-out drilling initially in the South Ayawilca area, and with the testing of new target areas at South Ayawilca, Chaucha, and Zone 3.” a-dec2016


R
ead at:
https://www.tinkaresources.com/news/tinka-discovers-new-high-grade-zinc-zone-at-pucarumi-are