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Tinka recommences drilling at the Ayawilca zone, Colquipucro project, Peru
VANCOUVER, Dec. 12, 2011 /CNW/ - Tinka Resources Limited (the "Company"), (TSXV - TK; Frankf...
About this update from Tinka Resources Limited
[{"type":"text","content":"\n\n\n\n\n\nVANCOUVER, Dec. 12, 2011 /CNW/ - Tinka Resources Limited (the \"Company\"), (TSXV - TK; Frankfurt - TLD;\n Pinksheets -TKRFF), announces that the Company has recommenced drilling at the Ayawilca zone\n following the results of hole DDH-53. At least 2 deeper diamond drill\n holes will be undertaken to test the lateral and depth extensions of\n the semi-massive and massive sphalerite (zinc) mineralization\n intersected in that hole.\n\n\nThe Company's Qualified Person, John Nebocat (P.Eng), has recently been\n to the property and examined the drill core. His observations indicate\n that the host to this mineralization is a sedimentary breccia,\n dominantly composed of siltstone, that is interpreted as a turbidite\n sequence (submarine landslide) formed in a graben within the\n Gollyarisquiza group sandstones that host both Zone 1 and the Ayawilca\n zone on the Colquipucro property. The breccia has been locally strongly\n chloritized and subsequently mineralized with sphalerite and pyrite.\n Magnetite and arsenopyrite were also noted locally; these zones are\n being tested for gold content as gold is associated with arsenopyrite\n in this type of setting at certain mines in the central Andes.\n\n\nWhile compiling the recent drill results with the results of an induced\n polarization (IP) anomaly identified during the geophysical survey\n completed in 2010 (see press release August 24, 2010), it was evident\n that hole DDH-53 intersected the southern lobe of this anomaly while\n the other holes at Ayawilca were, for the most part, above or west of\n it. The original program at Ayawilca was to explore for a near-surface,\n bulk tonnage silver deposit similar to Zone 1. This IP anomaly is about\n 600 m long east-west and is open both to the east and at depth.\n\n\nA northerly-directed hole will be drilled from the site of hole DDH-52\n to test the western end of this large IP anomaly, and another\n northerly-directed hole will be drilled from a permitted drill site\n over 200 m further to the east.\n\n\nThe Company's Qualified Person, John Nebocat (P.Eng.), has reviewed and\n approved the contents of this news release.\n\n\nOn behalf of the Board,\n\"Andrew Carter\"Andrew Carter, President & CEO\n\n\nForward Looking Statements This Company Press Release contains certain \"forward-looking\"\n statements and information ...