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Tinka samples 0.9% copper at Tingo Este, Peru
Tinka samples 0.9% copper at Tingo Este, Peru.
About this update from Tinka Resources Limited
[{"type":"text","content":"\n\n\n\nTinka Resources Limited (the \"Company\") (TSXv - TK; Frankfurt - TLD;\n\n\nPinksheets -TKRFF)\n\n\nVANCOUVER, Jan. 24 /CNW/ - Mr. Andrew Carter, President, announces the\nresults of further surface sampling on the Company's wholly owned 3,000\nhectare Tingo Este copper porphyry property located in Coastal Peru, east of\nthe city of Ica.\n\n\nMapping and prospecting have defined copper mineralization within a\n1,000m by 800m area. Eighty two channel samples were collected over 2m widths\nto sample the dominantly fracture-controlled mineralization. These sites were\ntaken at nominal 50m intervals along the major drainages within the target\narea. Results ranged from 0.012% to 0.9% copper with 20 samples assaying\ngreater than 0.1% copper.\n\n\nMineralization is hosted by granodiorite and quartz monzonite of the\nCoastal Batholith (largely biotite granodiorite) which has intruded Jurassic\nto Cretaceous age sediments and volcanics. Quartz, limonite, geothite, pyrite,\nchalcopyrite, copper oxide and molybdenite were found along the fractures.\n\n\nThe Company is planning further work on the property which will involve\nfurther detailed mapping, rock chip sampling and trenching to further\ndelineate the extent of copper mineralization.\n\n\nThe Company's Qualified Person, John Nebocat, P.Eng., has verified the\ncontents of this news release.\n\n\nOn behalf of the Board,\n\n\n\"Andrew Carter\"\n\n\nAndrew Carter, President & CEO\n\n\nForward Looking Statements. This Company news release contains certain\n\"forward-looking\" statements and information relating to the Company that are\nbased on the beliefs of the Company's management as well as assumptions made\nby and information currently available to the Company's management. Such\nstatements reflect the current risks, uncertainties and assumptions related to\ncertain factors including, without limitations, competitive factors, general\neconomic conditions, customer relations, relationships with vendors and\nstrategic partners, the interest rate environment, governmental regulation and\nsupervision, seasonality, technological change, changes in industry practices,\nand one-time events. Should any one or more of these risks or uncertainties\nmaterialize, or should any underlying assumptions prove incorrect, actual\nresults may vary materially from those described herein. ...