Tinka Resources Limited · TSXV:TK
Tinka Resources — Investor Presentation (March 2025)
19 slides from Tinka Resources's investor presentation, March 2025
Slide 1: Ayawilca Zinc (Silver-Tin) Project: A high-quality polymetallic asset
Ayawilca Zinc (Silver-Tin) Project: A high-quality polymetallic asset March 2025
Slide 2: Disclaimer
DISCLAIMER This presentation does not constitute or form a part of, and should not be construed as an offer, solicitation or invitation to subscribe for, underwrite or otherwise acquire, any securities of Tinka Resources Limited (“Tinka” or the “Company”), nor shall it or any part of it form the bas
Slide 3: Investment Highlights
INVESTMENT HIGHLIGHTS Quality Projects: Ayawilca is one of the largest undeveloped zinc resources in the Americas, with important silver and tin credits. Silvia copper-gold property has huge exploration potential, untested by drilling. Excellent Infrastructure: A major mining belt, Tinka’s projects
Slide 4: Capital Structure
CAPITAL STRUCTURE Shares Outstanding 408,696,885 Warrants ($0.15) 8,696,479 (exp 06/26) Options ($0.25) 8,350,000 (exp 06/26) Market Cap C$28 M (@ $0.07) Share Price C$0.07 Cash & Equivalent C$2M Debt nil Buenaventura 19% 26% Nexa Resources Sentient Equity Ownership Partners 4% 19% Institutions Mgmt
Slide 5: Management & Directors
MANAGEMENT & DIRECTORS President and CEO: Graham Carman, PhD, FAUSIMM: Dr. Graham Carman is a geologist and entrepreneur with years of world-wide experience in minerals exploration for gold and base metals (ex Rio Tinto, Kennecott, Savage Resources Peru, Pasminco). Graham has been CEO of Tinka since
Slide 6: Zinc Fundamentals
ZINC FUNDAMENTALS 12-month zinc price POSITIVE FUNDAMENTALS DRIVEN BY SUPPLY CONSTRAINTS AND PRESSURE ON ZINC SMELTERS DUE TO HIGH COSTS US$1.33/lb ➢ Uses: Protecting steel against corrosion is the most important use for zinc, representing 60% of global demand. ➢ Demand gradually increasing: “green
Slide 7: Elephant Country
ELEPHANT COUNTRY Major mines and infrastructure of Central Peru ➢ World-class base metals belt, hosting a variety of base and precious metal deposits including Antamina (Cu-Zn), Cerro de Pasco (Cu-Au-Ag), Pierina (Au). ➢ Ayawilca located ~ 250 km from Lima (Callao Port, Nexa refinery) and 120 km fro
Slide 8: Ayawilca Deposit(s)
AYAWILCA DEPOSIT(S) Mineral Resource wireframes and mineral resource estimation (Jan. 1, 2024) ➢ One of the largest undeveloped Zinc Resources in the Americas, containing 3.6 Blb zinc indicated resources plus 2.9 Blb zinc in inferred resources, with Silver credits. ➢ Significant Tin Resource lies be
Slide 9: Ayawilca – 2022/23 Drill Results
AYAWILCA – 2022/23 DRILL RESULTS ➢ Exceptional drill results from the 2022/23 drill program led to a Selected Results from 2022/23 Drill Program reinterpretation of the geological model and updated PEA. A22-195 6.0m @ 18.8% Zn incl. 3.0m @ 27.7% Zn ➢ The geological model was significantly modified w
Slide 10: Ayawilca – 2024 PEA
AYAWILCA – 2024 PEA ➢ Underground mine with a run-of-mine production rate of 2.0 Mtpa zinc-silver-lead and 0.3 Mtpa tin in two separate circuits: ▪ Robust economics: NPV 8% of US$434 million after-tax and IRR of 25.9% after-tax. To be optimised later (PFS) ▪ Long life-of-mine : 21-year LOM for zinc,
Slide 11: Ayawilca – 2024 PEA: Process Flowsheet Zn & Sn
AYAWILCA – 2024 PEA: Process Flowsheet Zn & Sn ZINC-SILVER-LEAD CIRCUIT 180,000 dmt Zn conc / yr (av.) 5,500 dmt Ag-Pb conc / yr (av.) TIN CIRCUIT 3,000 dmt Sn conc / yr (av.) TSX-V: TK I TinkaResources.com 11 | TSXV: TK
Slide 12: Ayawilca – Cross-Section Shows Upside
AYAWILCA – CROSS-SECTION SHOWS UPSIDE • Tin Zone: mostly a flat- SW South Ayawilca NE dipping body of Central Ayawilca A A’ massive sulphide (po, py, carb, qtz, Ag Zone cassiterite, Tin Zone tourmaline) Zinc (indicated) Tin Zone (inferred) • Contact at limestone Siltstone Zone Zinc Zone (blue) and u
Slide 13: ESG
ESG Tinka has strong relationships with the communities and a great local team • Tinka is committed to fostering long-term sustainable relationships with our stakeholders. • Agreements in place with two communities and staff that are embedded within the communities. • The Company provides employment
Slide 14: Silvia Cu-Au Project
Silvia Cu-Au Project • Acquired from BHP in 2021, BHP retain 1% NSR N royalty. Silvia NW Up to 12% Cu in rocks • Airborne magnetics from BHP, 1 km line spacing, Up to 18.0 g/t Au in rocks identified intrusions and skarns. Tupac Amaru • 10,900 Ha area of current mining claims. • Two targets, focus ha
Slide 15: Silvia NW 'Area A': Copper-Gold Trench Results
SILVIA NW ‘AREA A’ : COPPER-GOLD TRENCH RESULTS 1.0 m @ 1.2% Cu & 2.9g/t Au Geology 8m @ 0.5% Cu & 0.3g/t Au Cover (scree, alluvium) 2m @ 1.3% Cu & 0.7g/t Au Quartz Monzonite 4m @ 0.2% Cu & 0.2g/t Au Limestone Open 16m @ 0.5% Cu & 0.3g/t Au Open 34m @ 0.4% Cu & 0.2g/t Au 3.5 m @ 0.3% Cu & 0.2g/t Au
Slide 16: Silvia NW - Area A (viewing South)
SILVIA NW - AREA A (viewing South) ➢ “Area A” : 500 m strike length and up to Dip 100 m wide, scree covered. Limit of skarn outcrop Area A ➢ Surface trench samples include: Silvia NW – viewing to south ▪ 46m @ 1.9 g/t Au & 0.8% Cu, including 6m @ 12.8 g/t Au & 2.7% Cu. Trench sampling crew ➢ Access
Slide 17: Peer Group Valuation Based on Ayawilca
PEER GROUP VALUATION BASED ON AYAWILCA ➢ Very few globally significant zinc development projects are held within junior exploration and development companies. ➢ Tinka’s Ayawilca project is attractively valued, representing one of the cheapest zinc projects on an EV/ Resource basis. ➢ Tinka has the s
Slide 18: Why Tinka…
WHY TINKA… ➢ High quality projects: Ayawilca is one of the largest undeveloped zinc deposits in the Americas, significant tin and silver upside – offers development and growth opportunities. ➢ Good infrastructure: Power to site, water, excellent road network to coast, 250km to zinc smelter, only 120
Slide 19: Gracias! Contacts
Gracias! CONTACTS Graham Carman, President and CEO gcarman@tinkaresources.com Mariana Bermudez, Corporate Secretary info@tinkaresources.com Tim McNulty, Corporate Communications tmcnulty@tinkaresources.com Phone: 1.604.290.8100 Tinka Resources Suite 1305 – 1090 West Georgia St Vancouver, BC V6E 3V7