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Tinka Drills 98 Metres at 8.8% Zinc Including 36 Metres at 19.0% Zinc at Ayawilca and Provides Exploration Update
VANCOUVER, BC / ACCESSWIRE / June 8, 2023 / Tinka Resources Limited (" Tinka " or the " Company ...
About this update from Tinka Resources Limited
[{"type":"text","content":"Tinka Drills 98 Metres at 8.8% Zinc Including 36 Metres at 19.0% Zinc at Ayawilca and Provides Exploration UpdateVANCOUVER, BC / ACCESSWIRE / June 8, 2023 / Tinka Resources Limited (\"Tinka\" or the \"Company\") (TSXV:TK)(BVL:TK)(OTCQB:TKRFF) is pleased to announce results for five recent drill holes from the Ayawilca Project and to provide an update on the Company's exploration activities. All five drill holes were resource confirmation holes from West Ayawilca, and all intersected strong zinc mineralization. The Company has now successfully completed its 11,000-metre drill program at Ayawilca which commenced midway through 2022. Two drill rigs were demobilized during May 2023 and independent mining consultants have now been engaged to complete an updated mineral resource estimate.The 2022-23 drill program has significantly improved the geological model of the mineralized zinc bodies at West and South Ayawilca and improved the confidence in the continuity of mineralization. One exploration hole at South Ayawilca has results pending. The next steps for the project include an updated resource estimate to be announced during Q3 2023 and the continuation of low impact exploration.Key Highlights - Drill hole results from West Ayawilca:Hole A23-21697.9 metres at 8.8% zinc and 16 g/t silver from 197.90 metres depth, including35.8 metres at 19.0% zinc and 35 g/t silver from 260.0 metres depth, including13.5 metres at 25.3% zinc and 44 g/t silver from 265.5 metres depth.Hole A23-21771.9 metres at 5.5% zinc and 8 g/t silver from 186.1 metres depth, including45.8 metres at 6.4% zinc and 10 g/t silver from 210.4 metres depth, including4.85 metres at 15.2% zinc and 23 g/t silver from 210.4 metres depth.Hole A23-21330.4 metres at 6.0% zinc from 180.0 metres depth, including1.2 metres at 37.2% zinc from 207.3 metres depth, and30.5 metres at 5.1% zinc from 260.0 metres depth.Hole A22-21138.15 metres at 6.3% zinc, 1.1% lead and 28 g/t silver from 151.0 metres depth, including6.6 metres at 9.2% zinc, 5.2% lead and 81 g/t silver from 182.55 metres depth.Hole A22-21413.1 metres at 3.7% zinc from 243.9 metres depthTrue thicknesses of these intercepts are estimated to be at least 75% of the downhole thicknesses.Dr. Graham Carman, Tinka's President and CEO, stated: \"The 2022-23 drill program has been one of the most successful drill programs since T...