Tinka Drills 20 m of 7.1% Zinc Including 14 m of 9.6% Zinc at Ayawilca Colquipucro Project, Peru

TSXV - TK; Frankfurt - TLD; Pinksheets - TKRFF

VANCOUVER, Nov. 8, 2012 /CNW/ - Tinka Resources Limited (the "Company"), (TSXV - TK; Frankfurt - TLD; Pinksheets -TKRFF), announces that the Company has received the results for drill hole A12-04A at Ayawilca, west-central Peru. This hole was drilled vertically from the same platform as the previously announced DDH-53 (see press release February 23, 2012).

Mr Carter said: "We are extremely pleased with these results as they continue to demonstrate the presence of strong zinc mineralization within the western part of the IP anomaly. Drilling is continuing to test these geophysical conductors".

Significant mineralized intervals are shown below:

Hole #	Easting (m)	Northing (m)	Elevation (m)	Azimuth (deg)	Dip (deg)	From (m)	To (m)	Interval (m)	Ag (g/t)	Zn (%)
A12-04A	332,979	8,846,188	4263	n.a.	-90	188	200	12		3.3
Including						190	198	8		4.1
						260	280	20	9.0	7.1
Including						264	278	14	11.9	9.6

Hole A12-04A intercepted massive and semi-massive sulphides, consisting of pyrite, sphalerite and lesser galena, chalcopyrite and arsenopyrite hosted by sedimentary breccia, greywacke and siltstone that may belong to the Oyon formation which underlies the Gollyar sandstones, host of the silver mineralization at Zone 1. The mineralization is often accompanied by hematite, magnetite and chlorite alteration; the chlorite and magnetite increased with depth in this hole.

As yet, the geometry of the mineralization is not fully understood. The mineralization is believed to have been sourced from steeply dipping structures that underlie this sedimentary sequence, thus some of the mineralization may have a steep to near-vertical component; however, the irregular nature of some of it may suggest a replacement style which could trend in any direction and as such true width cannot be determined at this time.

All diamond drilling has been 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 Tinka geologists with sampling done on two metre intervals. All the samples have been transported by Company staff to SGS Laboratories in Lima, Peru for ICP analyses using multi-acid digestion. Analytical standards and blanks were routinely introduced in the sample suites sent to the laboratory, and samples that exceeded their respective threshold levels for Ag, Zn and Pb were re-assayed by specific atomic absorption techniques.

The Company's Qualified Person, John Nebocat (P.Eng.) has reviewed and approved the contents of this news 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.

Neither the TSX Venture Exchange, its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange), nor the Frankfurt Stock Exchange accepts responsibility for the adequacy or accuracy of this news release.

 

 

 

SOURCE: Tinka Resources Limited

Company Contact:
Mariana Bermudez at [phone] or email: [email protected]

website:  www.tinkaresources.com

Investor Information Contact: 
Bay Street Connect
Michael D'Amico
Tel:   [phone]
Email: [email protected]