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Tinka Provides Exploration Update on Huwaymidan Gold Project in Saudi Arabia Including Completion of 3,400-Metre RC Drill Program
Vancouver, British Columbia--(Newsfile Corp. - January 12, 2026) - Tinka Resources Limited ...
About this update from Tinka Resources Limited
[{"type":"text","content":"Tinka Provides Exploration Update on Huwaymidan Gold Project in Saudi Arabia Including Completion of 3,400-Metre RC Drill ProgramVancouver, British Columbia--(Newsfile Corp. - January 12, 2026) - Tinka Resources Limited (TSXV: TK) (OTCQB: TKRFF) (\"Tinka\" or the \"Company\") is pleased to provide an update of the exploration activities at the Huwaymidan gold property in Saudi Arabia. The Huwaymidan property (\"Huwaymidan\" or the \"Project\") is owned by Midad Al Mona Mining Company (\"Midad\"), a Saudi Arabian company of which Tinka has a minority (5%) equity ownership. Tinka has a free-carried interest until mid 2027 and is responsible for providing technical expertise and exploration leadership to the Project. Exploration on the ground is largely carried out by third-party consultants and local contractors. Key highlights:Reconnaissance 3,400 metre drill program completed at Huwaymidan – A 46-hole reverse circulation (RC) drill program was carried out in December 2025. The drill rigs have now demobilized, with assay results pending. District-scale orogenic gold potential – The initial drill program targeted gold mineralization identified by selective surface sampling at two target areas covering a potential gold trend of more than 5 kilometres. High-grade gold in surface samples – Selective surface rocks graded up to 30.5 g/t gold in quartz float and up to 6.4 g/t gold in outcropping quartz veins. Refer to technical discussion for more details of rock sample results. Significant zones of quartz veining and widespread hydrothermal alteration – Drilling intersected wide zones of pervasive hydrothermal alteration and quartz veining, features consistent with a large orogenic gold system. Note that no gold assays are available at this time. Next steps – Assay results from the drilling are expected late Q1 2026. Subject to results, a follow-up drill program is planned for Q2 2026. Cautionary note: by their nature, surface samples represent selective samples and do not necessarily reflect the overall grade of underlying mineralization.Dr. Graham Carman, President and CEO of Tinka, stated: \"The exploration program at Huwaymidan is advancing very well, with encouraging surface results for gold and the completion of an initial 3,400 metre RC drill program within 6 month...