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Geophysics defines 600 metre long IP anomaly at Ayawilca zone, Colquipucro project, Peru
Geophysics defines 600 metre long IP anomaly at Ayawilca zone, Colquipucro project, Peru
About this update from Tinka Resources Limited
[{"type":"text","content":"\n\n\n\n Aug. 24, 2010 (Canada NewsWire Group) -- \n\n \n \n \nTR.cnwUnderlinedCell TD {\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD {\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD {\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell {\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell {\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell {\n BORDER-BOTTOM: #000000 3px solid\n}\n\nVANCOUVER, Aug. 24 /CNW/ - Tinka Resources Limited (the "Company") (TSXV - TK; Frankfurt - TLD; Pinksheets -TKRFF). Andrew Carter, President, reports that the Company has received a report from an independent geophysicist on the induced polarisation (IP) survey undertaken on the Company's Colquipucro project, west-central Peru. The pole-dipole survey consisted of 8 lines totalling 14.1 km and is contiguous with the IP survey performed over Zone 1 in 2007. The target of this survey was the yet-undrilled Ayawilca zone, located 1.5 km south of Zone 1.\nThe inversion model of the IP data has produced a target underlying Ayawilca zone that trends east-southeast for 600 metres and plunges gently to the east; this model fits the observed surface mineralisation and pattern of faulting mapped east of Ayawilca.\nMidway between Zone 1 and Ayawilca sits a larger, locally stronger IP anomaly. It has a near-surface expression and is possibly caused by formational pyrite in the sandstone; no workings are known to exist in this area. One RC hole is planned to test this anomaly.\nMr Carter says "this survey completes our surface work at Ayawilca prior to an eight hole reverse circulation (RC) drill program to test the zone. The Company has finalized an agreement with the local community for all ongoing exploration which has been lodged with the authorities as part of the amendment to the existing drill permit to include the eight RC holes. We look forward to getting a drill rig onto the site once permitting is completed."\nThe Company's Qualified Person, John Nebocat (P.Eng.), has reviewed and approved the contents of this press release.\n\nOn behalf of the Board,\n\n"Andrew Carter"\nAndrew Carter, President & CEO\n\nForward Looking Statements This Company Press Release contains certain "forward-looking" statements and information relating to the ...