Business

Tinka Drills 58 m of 109 g/t Silver including 10 m of 198 g/t Silver At Northern Extension Of Zone 1, Colquipucro Project, Peru

VANCOUVER, March 27, 2012 /CNW/ - Tinka Resources Limited (the "Company"), (TSXV - TK; Fra...

articleTinka Resources LimitedMarch 27, 20123/company/tinka-resources-limited/news/tinka-drills-58-m-of-109-gt-silver-including-10-m-of-198-gt-silver-at-northern-extension-of-zone-1-colquipucro-project-peru
Tinka Drills 58 m of 109 g/t Silver including 10 m of 198 g/t Silver At Northern Extension Of Zone 1, Colquipucro Project, Peru

About this update from Tinka Resources Limited

[{"type":"text","content":"\n\n\n\n\n\nVANCOUVER, March 27, 2012 /CNW/ - Tinka Resources Limited (the \"Company\"), (TSXV - TK; Frankfurt - TLD;\n Pinksheets -TKRFF), announces the results from hole CDD23 testing the northern extension of\n Zone 1 on the Company's wholly-owned Colquipucro silver-zinc property,\n west-central Peru. The hole was drilled along the westernmost line of\n the known resource and bisects holes CDD21 and CDD22.\n\n\nMr Carter said: \"We continue to be extremely pleased with the results\n from the drilling at the northern extension. Hole CDD23 is the third\n hole on the westernmost line, and along with CDD21 and CDD22 (see press\n releases dated March 13, 2012 and March 19, 2012 with attached cross\n section 332600E) substantially increases the area of mineralization to\n the north of the existing resource. Drilling is continuing at Zone 1,\n testing the northern extension, and results will be released as they\n become available.\"\n\n\nHole CDD23 intercepted oxidized, banded, \"zebra-stripe\" sandstone and\n progressed into the underlying sedimentary breccia, greywacke,\n siltstone and fluidized sulphide unit. The hole would have intercepted\n the high grade veins/faults/gossan zones within the sandstone at about\n 40-45 degrees  to the dip of the hole, while the intervening\n fracture-controlled mineralization in the sandstone was intercepted at\n about 10 to 30 degrees to the inclination of the drill hole, on\n average. The orientation of the mineralization within the underlying\n sedimentary breccia is not clear, however, narrow zones of intense\n oxidation suggest that the mineralized structures in the overlying\n sandstone may penetrate the underlying unit.\n\n\nSignificant mineralized intervals, using a 15 g/t Ag cut-off, are shown\n below:\n\n\nHole #\n\n\nEasting (m)\n\n\nNorthing (m)\n\n\nElevation (m)\n\n\nAzimuth (deg)\n\n\nDip(deg)\n\n\nFrom (m)\n\n\nTo (m)\n\n\nInterval (m)\n\n\nAg (g/t)\n\n\nCDD23\n\n\n332593\n\n\n8847975\n\n\n4369\n\n\nn/a\n\n\n-90\n\n\n12\n\n\n70\n\n\n58\n\n\n109.7\n\n\nincluding\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n20\n\n\n30\n\n\n10\n\n\n198.7\n\n\nand\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n72\n\n\n92\n\n\n20*\n\n\n100.4\n\n\n* includes a 4 m interval from 82 m to 86 m that contained a 1.9 void\n caused by either a working or a friable, h...

More updates from Tinka Resources Limited