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Tinka Drills 45 metres at 11.5% Zinc and 6.5 metres at 27% Zinc at West Ayawilca
VANCOUVER, BC / ACCESSWIRE / January 24, 2023 / Tinka Resources Limited (" Tinka " or the " Comp...
About this update from Tinka Resources Limited
[{"type":"text","content":"Tinka Drills 45 metres at 11.5% Zinc and 6.5 metres at 27% Zinc at West AyawilcaVANCOUVER, BC / ACCESSWIRE / January 24, 2023 / Tinka Resources Limited (\"Tinka\" or the \"Company\") (TSXV:TK)(BVL:TK)(OTCQB:TKRFF) is pleased to announce results from four infill drill holes from the Company's ongoing resource definition and expansion drill program at the Ayawilca zinc project in Peru. All four holes reported are from the West Ayawilca area. The results reported in this release are of similar or better grade to the earlier holes and show strong continuity of the limestone-hosted zinc sulphide mineralization at West Ayawilca. The Company recently announced an extension of the drill program to 11,000 metres due to the strong results particularly from South Ayawilca. Approximately 8,200 metres in 24 drill holes have been completed with results reported for 17 holes. The drill program is progressing without interruption with two rigs operating 24/7 and is expected to continue until April 2023.Following the spectacular zinc intercept of 38.9 metres at 20% zinc (including 10.4 metres at 42% zinc) in hole A22-202 from South Ayawilca (news release dated Jan 9, 2023), four additional holes have been completed and results are pending.Key highlights - West AyawilcaHole A22-207:5.9 metres at 24.0% zinc from 115.9 metres and132.5 metres at 6.8% zinc from 193.9 metres depth, including:45.2 metres at 11.5% zinc from 248.0 metres depth, and6.5 metres at 27.2% zinc from 319.9 metres depth.Hole A22-203:49.8 metres at 8.3% zinc from 186.8 metres depth, including:5.9 metres at 13.9% zinc from 197.7 metres depth, and2.8 metres at 23.3% zinc from 216.2 metres depth.Hole A22-205:134.0 metres at 4.8% zinc from 180.0 metres depth, including:14.4 metres at 9.4% zinc from 300.0 metres depth.Hole A22-209: 1.0 metre at 11.4% zinc, 0.8% lead & 63 g/t silver from 274.3 metres depth.True thicknesses of the mineralized intercepts are estimated to be at least 75% of the downhole thicknesses.Dr. Graham Carman, Tinka's President and CEO, stated: \"These new drill results from West Ayawilca add to the confidence in our geological model and reaffirm the zinc grades within the limestones. The grade of the zinc mineralization is consistently high both within the basal limestone replacement zones and the overlying breccia-hosted sulphide bodies. Importantly, the vert...