Tinka Resources Limited (TKRFF)

[douginil]

Tinka Reports Additional Step-Out & Infill Drill Holes At Ayawilca And Highlights Upper Manto Discovery

September 18th, 2018

Vancouver, Canada – Tinka Resources Limited (“Tinka” or the “Company”) (TSXV & BVL: TK) (OTCPK: TKRFF) is pleased to announce results for twelve drill holes from the Company’s ongoing resource expansion and confirmation drill program at the 100% owned Ayawilca project, central Peru.

Key Highlights:

Five resource step-out drill holes at West, South, Central and Camp areas have all intersected significant zinc mineralization hosted mostly by Pucara limestone, the main host of the zinc sulphide mineralization;
Hole A18-148 intersected high-grade zinc (5.5 metres grading 10% zinc) 100 metres further east of the current resource at the Central area, with extensions to be tested later in 2018;
Hole A18-146 intersected high-grade zinc and silver mineralization (1.7 metres grading 27% zinc & 1520 g/t silver from 57 metres depth) in an ‘Upper Manto’ hosted by sandstone at the South area, above and lateral to the known limestone hosted resource. The Upper Manto has been observed in other drill holes and is considered significant due to its shallow depth and proximity to existing resources;
Hole A18-150 (9.6 metres grading 6% zinc) and adjacent hole A18-154 have extended known mineralization at the West area 120 metres to the northeast – mineralization remains open;
Seven resource infill holes are also reported from the West and South areas, drilled to improve the Company’s geological model and to target additional zinc mineralization at depth;
Tinka now plans to update the Ayawilca resource estimate in Q4 2018, while step-out drilling continues.

Graham Carman, Tinka´s President and CEO, stated: “The step-out drill hole results reported in this release are very positive, and show that the footprint of zinc mineralization at Ayawilca is getting larger. So far in 2018 we have discovered several new areas of significant zinc mineralization, including:

thick and high-grade intersections up to 150 metres to the northwest of the West Ayawilca resource (e.g., hole A18-118);
the Camp area, which connects West mineralization with the Central area (e.g., holes A18-130 & 134);
repetitions of mineralized limestone beneath lenses of phyllite at West Ayawilca which can host exceptional zinc grades (e.g., 10.4 metres grading 44% zinc, hole A18-129);
shallow zinc sulphide mineralization hosted by the overlying sandstone within a laterally extensive Upper Manto; and
extensions to the mineralization east of the Central and West areas (e.g., holes A18-148 & A18-150);

“Zinc mineralization still remains open along strike and down dip in several directions, while other prospective areas such as Zone 3 continue to offer additional potential.”


Read more at:
https://www.tinkaresources.com/news/tinka-reports-additional-step-out-and-infill-drill-holes-at-ayawilca-and-highlights-upper-manto-discovery