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Tinka Drills Spectacular Hole at Ayawilca: 38.9 M @ 20% Zinc Including 10.4 M @ 42% Zinc
VANCOUVER, BC / ACCESSWIRE / January 9, 2023 / Tinka Resources Limited (" Tinka " or the " Compa...
About this update from Tinka Resources Limited
[{"type":"text","content":"Tinka Drills Spectacular Hole at Ayawilca: 38.9 M @ 20% Zinc Including 10.4 M @ 42% ZincVANCOUVER, BC / ACCESSWIRE / January 9, 2023 / Tinka Resources Limited (\"Tinka\" or the \"Company\") (TSXV & BVL:TK)(OTCQB:TKRFF) is pleased to announce results for four drill holes from the Company's ongoing infill and resource expansion drill program at the Ayawilca zinc project in central Peru. All four drill holes are from South Ayawilca. Hole A22-202 has returned the best drill intercept ever made at the Ayawilca project: 38.9 metres grading 20.0% zinc including an ultra high-grade interval of 10.4 metres grading 42.0% zinc . The 2022-2023 drill program has now been expanded due to the excellent results to date, with about half of the drill holes (13) now reported of the estimated 30 holes to be completed at both South Ayawilca and West Ayawilca.Key highlightsHole A22-202: 38.9 metres at 20.0% zinc from 170.5 metres depth, including10.4 metres at 42.0% zinc from 193.3 metres depth, including3.8 metres at 49.9% zinc from 198.0 metres depth.The widest interval is the highest grade-thickness intercept ever drilled at Ayawilca.Massive sulphide mineralization is concentrated in the hinge of a fold ‘anticline' at South Ayawilca.Several fan-holes are now targeting extensions of this ultra high-grade zinc mineralization.Hole A22-199: 5.3 metres at 14.3% zinc from 138.8 metres depth and 42.4 metres at 9.4% zinc from 246.5 metres, including:5.5 metres at 22.9% zinc from 261.3 metres depth, and9.1 metres at 20.8% zinc from 279.8 metres depth.Hole A22-204: 14.8 metres at 8.4% zinc from 196.4 metres depth, including:6.1 metres at 12.6% zinc from 200 metres depth, and26.5 metres at 6.2% zinc from 264.5 metres depth, including3.9 metres at 15.1% zinc from 283.8 metres depth.True thicknesses of the mineralized intercepts are estimated to be at least 75% of the downhole thicknesses.The drill program at Ayawilca is continuing without interruption with two rigs operating 24/7. Around 7,000 metres have been completed with another 4,000 metres planned. Drilling is expected to continue until April 2023, with one rig at South and a second rig at West Ayawilca (where several holes have results pending).Dr. Graham Carman, Tinka's President and CEO, stated: \"The ultra high-grade zinc intercept in A22-202 is a potential game changer for the Ayawilca p...