Tinka Resources Limited

Tinka Announces Positive Initial Drill Results at Colquipucro, Peru

    Vancouver, Canada (ots/PRNewswire) -

    - Including 10m Grading 625 g/t Silver and 28m Grading 105 g/t Silver

    Tinka Resources Limited (the "Company") (TSXv - TK; Frankfurt - TLD;  Pinksheets - TKRFF). Mr. Andrew Carter, President & CEO, provides the results of the first four drill holes of an eleven hole diamond drill exploration program currently underway at the Company's 100% owned Colquipucro silver project, west-central Peru. Three holes have  targeted known surface and underground mineralization along the westernmost section of the program area, and one hole targeted known surface mineralization one hundred metres to the east.

    Said Mr. Carter: "The initial assay results from Colquipucro are very encouraging and we look forward to the continuation of this program. The results from CDD4 are significant as it is the first opportunity the Company has had to test along strike from the adit area. The new drill contractor is currently drilling hole 6 and is proceeding very satisfactorily."

@@start.t1@@        Drilling results are as follows:
        ------------------------------------------------------------------------
        HOLE         SECTION    FROM      TO    TOTAL    Recovery    Silver    Lead    Zinc
        NO.                                m        m          m                %         g/t         %         %
        ------------------------------------------------------------------------
        CDD1         332600E         0        4          4              72         154      0.4      nil
        ------------------------------------------------------------------------
                                          12      14          2              95          50      0.1      nil
        ------------------------------------------------------------------------
                                          16      20          4              99          71      0.2      nil
        ------------------------------------------------------------------------
                                          24      34         10              99          67      0.1      0.1
        ------------------------------------------------------------------------
                                          38      40          2              90          38      nil      0.1
        ------------------------------------------------------------------------
                                          60      62          2                6          53      nil      nil
        ------------------------------------------------------------------------
                                          70      72          2              67          61      0.2      0.1
        ------------------------------------------------------------------------
                                          74      76          2              84          30      nil      0.2
        ------------------------------------------------------------------------
                                          82      84          2                5          61      0.1      0.6
        ------------------------------------------------------------------------
                                          98    100          2              97          40      0.2      0.1
        ------------------------------------------------------------------------
                                         102    106          4              36         146      0.4      0.3
        ------------------------------------------------------------------------
                                         126    130          4              91         154      0.4      0.3
        ------------------------------------------------------------------------
        CDD2         332600E        36      38          2            100          40      0.1      0.1
        ------------------------------------------------------------------------
                                          66      78         12              36          90      0.2      nil
        ------------------------------------------------------------------------
                                          80      84          4              71          54      0.3      0.1
        ------------------------------------------------------------------------
                                          86      92          6            100          70      0.2      nil
        ------------------------------------------------------------------------
                                         106    108          2              71          37      nil      nil
        ------------------------------------------------------------------------
                                         112    116          4              30          42      nil      nil
        ------------------------------------------------------------------------
                                         152    154          2              33         0.2      nil      2.1
        ------------------------------------------------------------------------
                                         156    158          2              18         2.0      nil      1.7
        ------------------------------------------------------------------------
        CDD3         332600E         0        4          4              26         276      0.1      nil
        ------------------------------------------------------------------------
        Including                      2        4          2              22         486      0.1      nil
        ------------------------------------------------------------------------
                                          14      18          4              61          54      0.1      0.1
        ------------------------------------------------------------------------
                                          20      26          6              95          76      0.3      0.2
        ------------------------------------------------------------------------
                                          28      30          2              94          42      0.2      0.2
        ------------------------------------------------------------------------
                                          66      70          4              97          36      0.1      nil
        ------------------------------------------------------------------------
                                          76      78          2              88          35      0.1      nil
        ------------------------------------------------------------------------
                                         146    148          2              46         664      1.2      4.2
        ------------------------------------------------------------------------
                                         164    174         10              85         131      0.4      1.3
        ------------------------------------------------------------------------
        Including                  166    170          4              73         250      1.0      1.7
        ------------------------------------------------------------------------
                                         176    182          6              89          82      0.3      1.0
        ------------------------------------------------------------------------
        CDD4         332700E         0        2          2              35          66      0.3      nil
        ------------------------------------------------------------------------
                                          10      38         28              96         105      0.2      nil
        ------------------------------------------------------------------------
        Including                    18      26          8              99         210      0.3      nil
        ------------------------------------------------------------------------
                                          46      48          2            100          77      0.3      nil
        ------------------------------------------------------------------------
                                          66      68          2            100          46      0.1      0.1
        ------------------------------------------------------------------------
                                          96    104          8              99         125      0.3      0.2
        ------------------------------------------------------------------------
                                         110    116          6            100         174      0.3      0.2
        ------------------------------------------------------------------------
                                         118    128         10              88         625      1.2      0.1
        ------------------------------------------------------------------------
        Including                  122    128          6              80        1003      1.8      0.1
        ------------------------------------------------------------------------
                                         150    160         10              91            7      nil      2.2
        ------------------------------------------------------------------------
        Including                  156    158          2              78          16      nil      5.7
        ------------------------------------------------------------------------
                                         166    170          4              24          73      0.8      1.1
        ------------------------------------------------------------------------
                                         180    184          4              34          38      0.2      0.7
        ------------------------------------------------------------------------@@end@@

    All intercepts are down-hole lengths and true widths have not been calculated. A 30 g/t cut-off has been used for silver and a 0.1% cut off for lead and zinc. It should be noted that badly fractured ground has caused poor core recovery in a number of sampled intervals.

    All diamond drilling has been performed using HQ and NQ diameter core. Core is logged and split on site under the supervision of Tinka geologists. Sampling is done on two metre intervals and samples are transported by  company staff to Plenge Laboratories in Lima, Peru for assay by multi  acid digestion method. The Company has continued a program of randomly  inserting known sample standards as a means of checking on laboratory  analytical reproducibility. Random samples were also transported to IPL  Laboratories in Vancouver for check analysis. Results from the quality  control program are within acceptable limits.

    The Company's Qualified Person as defined in National Instrument 43-101, John Nebocat (P.Eng.), who has visited the drill site to both observe the drilling and sampling procedures, has reviewed and approved the contents of this press release.

    On behalf of the Board,

    "Andrew Carter"

    Andrew Carter, President & CEO

    Forward Looking Statements. This Company press release contains certain "forward-looking" statements and information relating to the Company that are based on the beliefs of the Company's management as well as assumptions made by and information currently available to the Company's management. Such statements reflect the current risks, uncertainties and assumptions related to certain factors including, without limitations, competitive factors, general economic conditions, customer relations, relationships with vendors and strategic partners, the interest rate environment, governmental regulation and supervision, seasonality, technological change, changes in industry practices, and one-time events. Should any one or more of these risks or uncertainties materialize, or should any underlying assumptions prove incorrect, actual results may vary materially from those described herein. Neirther the TSX Venture Exchange nor the Frankfurt Deutsche Boerse have reviewed the information contained herein, and, therfore, do not accept responsibility for the adequacy or accuracy of this release.

    website: http://www.tinkaresources.com

ots Originaltext: Tinka Resources Limited
Im Internet recherchierbar: http://www.presseportal.ch

Contact:
For further information: Investor information contact: Nick L.
Nicolaas at +1-604-657-4058, or email: nick@mininginteractive.com



Weitere Meldungen: Tinka Resources Limited

Das könnte Sie auch interessieren: