Business
Tincorp Announces Assay Results of Historic Cores from Its Porvenir Project in Bolivia Including 58.25 m Grading 0.22% Tin
Vancouver, British Columbia--(Newsfile Corp. - April 3, 2023) - Tincorp Metals Inc.  (TSXV:...
About this update from Tincorp Metals Inc
[{"type":"text","content":"Tincorp Announces Assay Results of Historic Cores from Its Porvenir Project in Bolivia Including 58.25 m Grading 0.22% TinVancouver, British Columbia--(Newsfile Corp. - April 3, 2023) - Tincorp Metals Inc. (TSXV: TIN) (OTCQX: TINFF) (\"Tincorp\" or the \"Company\") is pleased to announce that it has received the last three batches of assay results of historic core samples from its Porvenir tin-zinc-silver (Sn-Zn-Ag) Project (the \"Project\"), located in the west-central region of Bolivia, 65 kilometers (\"km\") southeast of the city of Oruro. The highlight results were received from hole PV-44 with an intercept of 58.25 meters (\"m\") grading 0.22% tin, 1.22% zinc, and 9.6 g/t silver totaling 130.1 g/t AgEq.As previously reported in the news release dated August 31, 2022, the Company has the rights to acquire a 100% interest of the Porvenir Project. The Property was subjected to some small-scale, historic mining and was explored and drilled by the Japanese mining company Dowa Metals and Mining Company (\"Dowa\") from 2007 to 2011. In total, Dowa completed 88 diamond drill holes, totaling approximately 25,000 m of core, based on the data acquired by the Company from an independent source. However, only 918 m of core had been sampled and assayed by Dowa and only x meters of historic core was available for inspection and re-assaying by the Company.Samples were collected from the available historic core, and the newly received assays indicate that the mineralization is more extensive down-hole compared with the mineralization revealed by the historic assays. From October to December 2022, over 1,300 m of historic core from 37 holes have been recovered, relogged and sent for assay, including 1,391 samples. All the assay results have been received, and 712 results have been previously reported (see news release dated March 2, 2023).Mr. Gordon Neal, CEO of the Company, stated, \"The results of our sampling and assaying program continue to provide encouraging results. Tincorp's results show tin mineralization is more extensive in each hole sampled and closely correlates with the historic assays completed by Dowa.\" PV-44 has a total hole length of 310.5 m, 68.7 m of core has been recovered and assayed, including the intervals between 208.5 m to 217.5 m and 229.8 m to 289.5 m. Nearly all the recovered core are mineral...