Business
Tinka Announces Grant of Stock Options
VANCOUVER, BC / ACCESSWIRE / May 18, 2023 / Tinka Resources Limited (" Tinka " or the " Company ...
About this update from Tinka Resources Limited
[{"type":"text","content":"Tinka Announces Grant of Stock OptionsVANCOUVER, BC / ACCESSWIRE / May 18, 2023 / Tinka Resources Limited (\"Tinka\" or the \"Company\") (TSXV:TK)(BVL:TK)(OTCQB:TKRFF) announces that pursuant to the Company's Stock Option Plan, the Company has granted stock options (the \"Options\") to a director of the Company to purchase an aggregate of 700,000 common shares (the \"Optioned Shares\") of the Company at an exercise price of $0.25 per Optioned Share for a period of four years.On behalf of the Board,\"Graham Carman\"Dr. Graham Carman, President & CEOFurther Information: www.tinkaresources.comMariana Bermudez [email protected] up to date by subscribing for news alerts at Contact Tinka and by following Tinka on Twitter, LinkedIn and Facebook.About Tinka Resources LimitedTinka is an exploration and development company with its flagship property being the 100%-owned Ayawilca zinc-silver-tin project in central Peru. The Zinc Zone deposit has an estimated Indicated Mineral Resource of 19.0 Mt @ 7.15% Zn, 16.8 g/t Ag & 0.2% Pb and Inferred Mineral Resource of 47.9 Mt @ 5.4% Zn, 20.0 g/t Ag & 0.4% Pb (dated August 30, 2021). The Ayawilca Tin Zone has an estimated Inferred Mineral Resource of 8.4 Mt grading 1.0% Sn. Tinka is currently completing an 11,500-metre resource definition drill program at West Ayawilca and South Ayawilca Zinc Zone. The Qualified Person, Dr. Graham Carman, Tinka's President and CEO, and a Fellow of the Australasian Institute of Mining and Metallurgy, has reviewed and verified the technical contents of this release.Forward Looking Statements: Certain information in this news release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws (collectively \"forward-looking statements\"). All statements, other than statements of historical fact are forward-looking statements. Forward-looking statements are based on the beliefs and expectations of Tinka as well as assumptions made by and information currently available to Tinka's management. Such statements reflect the current risks, uncertainties and assumptions related to certain factors including, without limitations: timing of planned work programs and results varying from expectations; delay in obtaining results; changes in equity markets; uncertainties relating to the av...