Tinka Resources Limited (TKRFF)

[douginil]

Tinka Drills 20 Metres At 15% Zinc And 10 Metres At 17% Zinc As Exploration Continues At Ayawilca For Additional High Grade

July 29th, 2019

Vancouver, Canada – Tinka Resources Limited (“Tinka” or the “Company”) (TSXV & BVL: TK) (OTCPK: TKRFF) is pleased to announce assay results for four new drill holes at the Company’s 100%-owned Ayawilca Property in central Peru. Three holes were drilled at West Ayawilca and one hole was drilled at South Ayawilca.

Hole A19-162 at South Ayawilca intercepted thick zones of zinc mineralization within the existing resource, as expected, however the zinc grades are much higher than expected compared with adjacent holes and are approximately double the average grade of the Ayawilca Zinc Zone resource. Hole A19-162 also intercepted a weakly mineralized limestone layer in the lower portion of the hole, significant in the fact that it supports the Company’s thesis of possible limestone-hosted zinc mineralization lying beneath the existing resource.

Key Highlights from recent drilling

Hole A19-162 (South Ayawilca):

25.4 metres grading 11.6% zinc, 14 g/t silver and 223 g/t indium from 162.6 metres, including
10.0 metres grading 17.2% zinc, 14 g/t silver and 363 g/t indium from 176.0 metres; and
19.6 metres grading 15.2% zinc, 9 g/t silver and 212 g/t indium from 247.4 metres, including
7.2 metres grading 21.8% zinc, 12 g/t silver and 354 g/t indium from 259.8 metres;

Hole A19-159 (West Ayawilca):

11.2 metres grading 11.8% zinc and 24 g/t silver from 243.1 metres depth (resource infill);

Note: True thicknesses of the zinc intersections are estimated to be at least 85% of the downhole thicknesses. Mineralization in the above intervals are relatively flat-dipping replacement zones hosted by limestone and/or sandstone.

Also
Live Webcast: Tinka Resources - Investor Hour
Webcast Date: Wednesday, July 31, 2019 at 04:05 PM Eastern Daylight Time

The Company will hold a live Webcast - Investor Hour on Wednesday, July 31st 2019 at 4.05 pm EDT. The President and CEO, Graham Carman, will present the results of the Company’s recent PEA and discuss the next steps of the exploration program.The Investor Hour will be hosted by Gwen Preston of Resource Maven.Following the presentation, there will be a question and answer session moderated by Gwen.







Read More at (nice graphic):
https://www.tinkaresources.com/news/tinka-drills-20-metres-at-15-zinc-and-10-metres-at-17-zinc-as-exploration-continues-at-ayawilca-for-additional-high-grade