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Tinka Reports Final Drill Hole Results from 11,000 metre Drill Program and Provides Exploration Update
VANCOUVER, BC / ACCESSWIRE / August 17, 2023 / Tinka Resources Limited (" Tinka " or the " Compa...
About this update from Tinka Resources Limited
[{"type":"text","content":"Tinka Reports Final Drill Hole Results from 11,000 metre Drill Program and Provides Exploration UpdateVANCOUVER, BC / ACCESSWIRE / August 17, 2023 / Tinka Resources Limited (\"Tinka\" or the \"Company\") (TSXV:TK)(BVL:TK)(OTCQB:TKRFF) is pleased to announce results for the final three drill holes of the 11,000-metre 2022-2023 drill program at South Ayawilca and to provide an update on the Company's ongoing exploration activities. The recent drill campaign at Ayawilca was completed at the end of May 2023. The Company is now focused on completing a Mineral Resource update for the Ayawilca deposit and revising future mining scenarios via a desktop trade-off study. Exploration is also continuing at the Company's nearby Silvia copper-gold project.Drill results from the \"Silver Zone\" at South Ayawilca were highly encouraging with a high-grade silver intercept in a 150-metre step-out in hole A22-195. The other two new holes reported here, A23-221 and A23-223, intersected high-grade \"Zinc Zone\" mineralization in resource confirmation holes. All drill hole results have now been incorporated into a revised geological model for the Ayawilca deposit, and an independent consultant is currently updating the Mineral Resource estimation for the Zinc and Tin Zones.Key Highlights:Zinc ZoneHole A23-223: 21.6 metres at 6.6% zinc and 18 g/t silver from 254.0 metres depth, including7.6 metres at 10.7% zinc and 18 g/t silver from 268.0 metres depth.Hole A23-221: 13.8 metres at 6.8% zinc from 290.2 metres depth.Silver ZoneHole A22-195: 3.4 metres at 465 g/t silver from 209.7 metres in a 150-metre step-out hole.The Silver Zone is interpreted as a subvertical, northeast-trending structure with high-grade silver over a strike length of at least 500 metres on the northern edge of the zinc-rich massive sulphide bodies at South Ayawilca.Previous downhole intercepts of the Silver Zone include 7.1 metres at 604 g/t silver and 11.5 metres at 781 g/t silver.The Silver Zone mineralization remains open in all directions including up- and down-plunge.True thicknesses of the above drill intercepts are estimated to be approximately 70% of the downhole thicknesses.Dr. Graham Carman, Tinka's President and CEO, stated: \"We are pleased to report results from the final holes of the 11,000-metre drill program at Ayawilca. These latest drill holes targeted both Zinc Zo...