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Tinka Samples 6 Metres @ 12.8 Grams/Tonne Gold and 2.7% Copper at Silvia
VANCOUVER, BC / ACCESSWIRE / November 10, 2021 / Tinka Resources Limited (" Tinka " or the "...
About this update from Tinka Resources Limited
[{"type":"text","content":"Tinka Samples 6 Metres @ 12.8 Grams/Tonne Gold and 2.7% Copper at SilviaVANCOUVER, BC / ACCESSWIRE / November 10, 2021 / Tinka Resources Limited (\"Tinka\" or the \"Company\") (TSXV:TK)(BVL:TK)(OTCQB:TKRFF) is pleased to announce high-grade gold and copper trench results from Silvia NW, one of several prospective targets at the Company's 100%-owned Silvia Project located 30 km from the Company's flagship Ayawilca zinc-silver project. Tinka owns 460 km2 of contiguous mining concessions in the prolific mining region of central Peru - Figure 1.HIGHLIGHTS:New trench results: 46 metres at 1.9 g/t gold & 0.8% copper (2.2% CuEQ or 2.9 g/t AuEQ), including6 metres at 12.8 g/t gold & 2.7% copper (12.3% CuEQ or 16.4 g/t AuEQ), including2 metres at 22.5 g/t gold & 2.5% copper (19.4% CuEQ or 25.8 g/t AuEQ);Mineralization associated with chalcopyrite-bearing skarn, open in all directions beneath shallow scree cover;Strike length of the skarn now extended to 550 m (N-S), up to 100 m wide (E-W);Gold-copper mineralization is hosted by garnet-magnetite skarn associated with dikes of quartz feldspar porphyry (QFP) intruding limestone - there is a strong positive correlation between copper and gold;550 m x 100 m area at Area A -Average grade of all 196 rock samples: 0.5% copper & 0.6 g/t gold (1.0 % CuEQ* or 1.3 g/t AuEQ);Copper ranges between 0.01% to 12.3% Cu, and gold ranges between 0.01 g/t to 22.5 g/t Au;Rock samples are representative, non-selective, continuous trench or rock chip samples (each 1-2m in width) of various rock types including skarn, QFP and limestone;Exploration is continuing at Areas A and B along the 3 km prospective trend at Silvia NW - Figure 2.* Copper Equivalent (CuEQ) is calculated assuming 100% recovery of copper and gold using a Gold Conversion Factor of 0.751, calculated from a nominal copper price of US$3.30/lb and a gold price of US$1,700/oz. Gold Equivalent (AuEQ) is calculated assuming 100% recovery of copper and gold using a Copper Conversion Factor of 1.33.Dr. Graham Carman, Tinka's President and CEO, stated: \"The new trench sampling results from Silvia NW highlight the exciting potential of the high-grade gold and copper skarn discovery at Sylvia NW, first reported in our news release on October 7, 2021. These latest results are some of the highest gold-copper grades in outcrop from a grassroo...