Tinka Resources Limited · TSXV:TK
Tinka Resources — Investor Presentation (March 2015)
28 slides from Tinka Resources's investor presentation, Mar 1, 2015
Slide 1: Ayawilca, Central Peru: The Beginnings of a Large Scale Discovery
Tinka Resources Ltd (TSXV:TK) Ayawilca, Central Peru The Beginnings of a Large Scale Zinc – Indium – Silver – Tin – Copper Discovery Graham Carman March 1, 2015 March 2015 w w w . t i n k a r e s o u r c e s . c o m 1
Slide 2: Disclaimer & Forward Looking Statements
Disclaimer & Forward Looking Statements This presentation is not directed to, or intended for distribution to or use by, any person or entity that is a citizen or resident or located in any locality, state, country or other jurisdiction where such distribution, publication, availability or use would
Slide 3: Value Proposition
Value Proposition █ AYAWILCA ZINC (INDIUM – SILVER) DEPOSIT: Inferred Mineral Resource (Feb 26, ‘15) 13.3 Mt at 7.7 % Zn eq. (5.9 % Zn, 68 g/t In, 14 g/t Ag, 0.2 % Pb) 1.7 billion pounds of zinc 909,000 kilograms of indium 5.8 million ounces of silver 55 million pounds of lead At least 3 mineralized
Slide 4: Tinka Resources - Corporate
Tinka Resources - Corporate Trading Symbol: TSXV: TK Shares Issued: 116.0 M Warrants @ C$0.365: 15.6 M Options: 8.9 M Shares reserved : 0.5 M Fully diluted: 141.0 M Last Financing July/14 C$7.8m raised at $0.275 per share TK-DAR merger announced Ayawilca New Mgt, $7.8M raised Drill Results Drilling
Slide 5: Management Team & Board
Management Team & Board MANAGEMENT Dr Graham Carman President & CEO, Director Geologist with extensive Peru zinc experience (Bongara, Accha, Yanque Zn- Pb projects) Ex Rio Tinto, Savage, Pasminco (Peru based 1994-2000) Ph.D. Lihir Island gold deposit (PNG) John Nebocat Vice President, Exploration P.
Slide 6: Zinc Price Heading Up?
Zinc Price Heading Up? █ Supply squeeze █ Mine closures: Brunswick and Perseverance mines closed. c/lb kt Century, Lisheen and Skorpion mines nearly exhausted █ No new mines of any significant size █ China is largest producer but industry Source: UBS Global Research is fragmented, ore bodies are dep
Slide 7: Indium (In) Price and Market
Indium (In) Price and Market █ Specialty hi-tech metal, in high demand especially in Japan and Korea █ Indium-tin oxide (ITO) used in thin-film technology as a transparent conductor: █ Flat panel displays, liquid crystal displays (LCDs), mobile phones, laptops, TVs. etc █ Indium metal is soft, used
Slide 8: Central Peru: World Class Zinc Belt
Central Peru: World Class Zinc Belt Cerro de Pasco mine (Volcan) Largest historic producer in Peru (~ 100 Mt @ 10% Zn equiv. mined + reserves) Silver cap mined by Spanish Colquijirca mine (El Brocal) Peru’s largest undeveloped zinc resource at San Gregorio (84 Mt @ 7.5% Zn equiv.) Uchucchacua mine (
Slide 9: Geology and Drilling
Geology and Drilling █ Multiple prospects located on NW trending structures █ Zn mineralization is under cover █ 18,756 m drilled in 54 holes (Zn) █ 8,003 m drilled in 45 holes (Ag) Prospect Number of drill holes West 26 Central 9 East 8 A’ North 1 Zone 3 0 A Chaucha 0 Tin-Copper (Central- 10 East)
Slide 10: Detailed Plan Ayawilca
Detailed Plan Ayawilca Mineral Resource Boundaries (projected) 500 m March 2015 w w w . t i n k a r e s o u r c e s . c o m 10
Slide 11: Geological Model: Zinc above Tin-Copper mineralization
Geological Model: Zinc above Tin-Copper mineralization A A’ 33m @ 7.4% Zn & 66g/t In 70m @ 4.8% Zn & 33g/t In 65m (2) @ 5.7% Zn & 19g/t In 213m @ 5.3% Zn & 83g/t In 76m @ 0.21%Sn & 0.36%Cu March 2015 w w w . t i n k a r e s o u r c e s . c o m 11
Slide 12: Ayawilca Inferred Mineral Resource (PR Feb 26, 2015)
Ayawilca Inferred Mineral Resource (PR Feb 26, 2015) Central Looking to north West East Surface Base sandstone Zinc Resource Wireframes Top of phyllite basement 500 m March 2015 w w w . t i n k a r e s o u r c e s . c o m 12
Slide 13: Ayawilca, looking west
Ayawilca, looking west █ Zinc mineralization is under cover, beneath flat-lying sandstone █ Topography (4,300m to 3,900 m) favours low-cost underground development █ Power lines cross over the project (to Antamina mine) South North Zn veins Massive sulphide Zn zones from 130 m below surface camp San
Slide 14: Colquipucro – Silver Mineral Resource (PR Feb 26, 2015)
Colquipucro – Silver Mineral Resource (PR Feb 26, 2015) Looking to northeast █ 14.3 Moz at 60 g/t Ag (Indicated) and 13.2 Moz at 48 g/t Ag (Inferred) in Whittle pit (green) █ 45 holes, 8003 m (2006-2014) █ Silver deposit is 550 m x 380 m x 75 m deep (red) █ Low strip ratio █ Oxide, sandstone █ High
Slide 15: Social & Environmental Responsibilities
Social & Environmental Responsibilities █ Agreements are in place with two communities █ Social engagement and sustainable development programs in place █ Employment generation █ Tinka carries out sustainable development programs with community groups Training for animal health Yogurt workshop for l
Slide 16: Proposed Work Program - Next Months
Proposed Work Program - Next 24 Months Milestone 2014 2015 2016 Gravity Geophysics Completed Drilling - Ayawilca Zinc 16 holes for 6,386m Completed Drilling - Colquipucro silver 10 holes for 1,578 metres Completed Initial Zinc Resource Today Ayawilca Updated Silver Ox Resource Colquipucro Metallurgi
Slide 17: Why Tinka ?
Why Tinka ? █ Large-scale Zinc – Indium – (Silver – Lead) DISCOVERY, central Peru █ BIG exploration upside █ Inferred Zinc Mineral RESOURCE: 13.3 Mt at 7.7 % Zn eq Potential to EXPAND THREE structures found so far, all OPEN UNTESTED targets (< 15% of 6km2 footprint drilled) █ TIN – COPPER mineraliza
Slide 18: Tinka Resources Ltd (TSXV:TK)
Tinka Resources Ltd (TSXV:TK) CORPORATE OFFICE FOR MORE INFORMATION Suite 1305 Dr. Graham Carman 1090 West Georgia St President & CEO Vancouver, BC V6E 3V7 info@tinkaresources.com CANADA Investor Relations Ph: +1 (604) 685 9316 Seema Sindwani Fax: +1 (604) 683 1585 ssindwani@tinkaresources.com March
Slide 19: Why Peru
Why Peru █ Attractive investment destination with an established mining sector, strong history of successful foreign investment █ Peru ranks first in Americas for zinc, lead, and tin production █ Market history shows Peruvian deposits are attractive take-over targets █ Experienced local skill base a
Slide 20: Tenements & Drilling
Tenements & Drilling █ Large tenement package 100% owned (11,400 ha) █ Two communities, agreements in place Colquipucro Project (silver) Ayawilca Project (zinc) March 2015 w w w . t i n k a r e s o u r c e s . c o m 20
Slide 21: Zinc - Indium - Silver (- Lead) Drill Intercepts Ayawilca
Zinc - Indium - Silver (- Lead) Drill Intercepts Ayawilca 18,756 metres drilled in 54 drill holes to date Ayawilca Drill Hole From (m) To (m) Int (m) Zn (%) Pb (%) Ag (g/t) In (g/t) Prospect A13-05 130.30 343.20 212.90 5.34 0.17 15 83 West including 130.30 179.50 49.20 10.07 0.55 32 51 including 150
Slide 22: Tin - Copper Drill Intercepts from Ayawilca
Tin - Copper Drill Intercepts from Ayawilca Drillhole From (m) To (m) Interval (m) Tin (%) Copper (%) Silver (g/t) A13-01 276.0 352.0 76.0 0.21 0.36 8 including 308.0 332.0 24.0 0.51 0.61 12 including 308.0 316.0 8.0 0.94 0.43 9 A13-11* 328.0 344.2 16.2 1.03 0.67 22 including 330.0 332.0 2.0 4.81 2.
Slide 23: Ayawilca Inferred Mineral Resource (Feb. 26, 2015)
Ayawilca Inferred Mineral Resource (Feb. 26, 2015) Tonnage Zn Eq. Zn Pb In Ag Zn Pb In Ag Zone (Mt) (%) (%) (%) (g/t) (g/t) (Mlb) (Mlb) (kg) (Moz) 5.7 8.9 6.7 0.2 81 15 West 846 22 459,000 2.7 2.2 6.8 5.0 0.1 73 7 Central 248 3 163,000 0.5 5.4 6.8 5.3 0.3 53 15 East 625 31 287,000 2.6 13.3 7.7 5.9 0
Slide 24: Ayawilca : Zinc / Tin-Copper Mineralization
Ayawilca : Zinc / Tin-Copper Mineralization A14-24: Marcasite - sphalerite A14-21: Massive and banded pyrrhotite with cassiterite-tourmaline and late-stage galena A14-22: Massive sphalerite A13-11: Quartz stockwork with tin in phyllite March 2015 w w w . t i n k a r e s o u r c e s . c o m 24
Slide 25: Magnetics
Magnetics F █ Magnetic anomalies (“hot” colours) reflect iron – rich skarn mineralization E █ NE trend in the ? magnetic anomalies thought to reflect ‘early’ tin-copper (iron) mineralization █ Zinc mineralization truncates the magnetic bodies (refer earlier A A’ slides) RTE ground magnetic image Mar
Slide 26: Gravity
Gravity F █ Gravity anomaly (“hot” colours) interpreted as caused by buried massive sulphides E █ Much of anomalous area yet to be drill tested █ +5mgal anomaly is a significant anomaly, reflecting dense (heavy) rocks at depth A A’ Terrain-corrected gravity (2.6) March 2015 w w w . t i n k a r e s o
Slide 27: Colquipucro : Drill Results Jan 15, 2015
Colquipucro : Drill Results Jan 15, 2015 E F CDD45: 136.0 metres at 75 g/t silver from 4.0 metres depth, including 14.0 metres at 211 g/t silver from 40.0 metres depth; CDD44: 60.0 metres at 92 g/t silver from 90.0 metres depth, including 10.1 metres at 264 g/t silver from 118.0 metres depth; CDD43:
Slide 28: Colquipucro Mineral Resources (Feb. 26, 2015)
Colquipucro Mineral Resources (Feb. 26, 2015) Classification Tonnage (Mt) Ag (g/t) Ag (Moz) Indicated 7.4 60 14.3 Inferred 8.5 48 13.2 Indicated and Inferred Mineral Resources at Colquipucro (silver oxide) estimated by Roscoe Postle Associates Inc. (RPA) (see TK Press Release of February 26, 2015) N