PR Newswire
VANCOUVER, June 8, 2017
STEP-OUT DRILLING EXTENDS MINERALIZATION STRIKE LENGTH BY 500 METRES
VANCOUVER, June 8, 2017 /PRNewswire/ - Tinka Resources Limited ("Tinka" or the "Company") (TSXV: TK) (OTCPK: TKRFF) is pleased to announce results of five additional drill holes from its 100% owned Ayawilca zinc project in central Peru. All five holes are from the South Ayawilca area. Hole A17-063 has returned one of the best intersections of zinc mineralization at Ayawilca to date, 47.7 metres grading 11.3% zinc, also with high indium credits. Hole A17-063 lies 200 metres northeast of the South Ayawilca discovery hole A17-056, which intersected two high grade zinc sulphide zones including 17.9 metres at 11.6 % zinc and 51.9 metres at 10.1% zinc (see Table 1). Drill results reported so far in 2017 have defined high grade zinc mineralization at South Ayawilca over a northeast-southwest strike length of 370 metres, connecting the South Ayawilca discovery area to the Central Ayawilca zinc resource.
Key Highlights
Hole A17-059:
Hole A17-063:
Hole A17-064:
Hole A17-065:
Hole A17-066:
Dr. Graham Carman, Tinka´s President and CEO, stated: "These latest drill results continue to show strong zinc mineralization in our step-out drill program at South Ayawilca. There now appears to be continuity of the zinc mineralization between South & Central Ayawilca, which could add an additional 500 metres of mineralization along strike extension to our existing resources. Massive to semi-massive sulphides occur throughout the mineralized sequence. We are finding that the zinc mineralization is zoned around iron sulphides (mostly pyrrhotite with lesser pyrite) which may also host tin mineralization (note: tin assays are pending). We have also encountered an important northeast-trending fault, and can confirm that post-mineral movement has displaced mineralization laterally which opens additional exploration opportunities."
The Company has now released results from eleven drill holes of an estimated total of 30 holes planned for 2017. Seventeen holes have been completed. There are currently two rigs drilling at South and Central Ayawilca focussing on resource expansion and connection of these areas (see drill map, Figure 1). A third drill rig is currently testing the possible extensions of West Ayawilca. A fourth rig has started at Zone 3, a new area located 700 hundred metres northeast of the existing zinc resource area (see Figure 2).
Zinc mineralization is associated with gently dipping, massive to semi-massive, sulphide replacements of carbonate and clastic sediments. Minor veins are also noted. True thicknesses of the zinc intersections are estimated to be at least 85% of the downhole thickness, except where otherwise noted in Table 1. All significant results of the 2017 program are summarized in Table 1 with the strongest intercepts in bold text.
Table 1. Summary of 2017 Drill Results
| | | | | | | | | |
Drill hole | From (m) | To (m) | Interval | Zn | Pb | Ag | Indium | Reported | |
A17-056 1 | 90.30 | 90.65 | 0.35 | 29.0 | 0.4 | 82 | 443 | April 3 '17 | |
and | 113.00 | 113.40 | 0.40 | 31.2 | 0.0 | 85 | 759 | April 3 '17 | |
and | 126.00 | 189.90 | 63.90 | 5.6 | 0.1 | 17 | 29 | March 6 '17 | |
| including | 127.50 | 145.40 | 17.90 | 11.6 | 0.2 | 36 | 20 | March 6 '17 |
| including | 127.50 | 133.30 | 5.80 | 22.5 | 0.3 | 77 | 50 | March 6 '17 |
and | 199.20 | 204.70 | 5.50 | 5.8 | 0.1 | 6 | 38 | April 3 '17 | |
and | 228.50 | 233.70 | 5.20 | 12.9 | 0.0 | 11 | 162 | March 6 '17 | |
and | 242.00 | 293.90 | 51.90 | 10.1 | 0.1 | 624 | 233 | April 3 '17 | |
| including | 279.00 | 293.90 | 14.90 | 20.6 Werbung Mehr Nachrichten zur Tinka Resources Aktie kostenlos abonnieren
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