Tinka Resumes Drilling at Ayawilca Project, Peru
October 24, 2013 (Source: Tinka Resources) — Tinka Resources Limited (the “Company”), (TSXV: TK) (Frankfurt: TLD) (Pinksheets: TKRFF), announces that drilling at the Company’s 100% owned Ayawilca project, located in west-central Peru, has resumed. The drill program is planned for 15 holes totalling approximately 5,000 metres.
To date, two holes have been completed for a total of 670 metres. Core has been logged and split and transported to SGS Laboratories in Lima for analysis. A third hole was commenced but abandoned at 120 metres due to mechanical problems. Drilling is now under way in a new hole from the same location but slightly steeper angle. Results will be released as they become available.
Diamond drilling is being performed using HQ diameter drill rods, reducing to NQ diameter if required. All core has been logged and split on site under the supervision of the Company’s geologists with sampling done on nominal two metre intervals. Samples are transported by Company staff to SGS Laboratories in Lima, Peru, for ICP analyses using multi-acid digestion. Analytical standards and blanks are routinely introduced in the sample suites sent to the laboratory, and samples that exceed their respective threshold levels for Ag, Zn and Pb are re-assayed by specific atomic absorption techniques.
The qualified person for the Company’s projects, Mr. John Nebocat (P.Eng.), V.P. of Exploration for the Company, has reviewed and approved the contents of this news release.
About Tinka Resources Limited (TSXV:TK) (Frankfurt:TLD) (Pinksheets:TKRFF):
Tinka is a junior resource acquisition and exploration company. Tinka’s main focus is on its 100% owned Col-quipucro and Ayawilca projects located in the highly mineralized silver-lead-zinc belt of Central Peru.
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On behalf of the Board,
Andrew Carter, President & CEO
Forward Looking Statements This Company news 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 available to the Company’s management as of the date of this news release. 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 including local communities and landholders, 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.
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