TINKA PROVIDES CORPORATE UPDATE OF EXPLORATION PROJECTS IN PERU
VANCOUVER, Sept. 21 /CNW/ - Tinka Resources Limited (the "Company") (TSXV - TK; Frankfurt - TLD; Pinksheets -TKRFF). The Company (Tinka) provides the following update on the status of its exploration projects in Peru. At Colquipucro, where the Company has an NI43-101 compliant silver resource, Tinka has been working on the permitting approval process and there are no unresolved issues or concerns. The process is one which, unfortunately, is time consuming and cumbersome. The Company is confident it is in the final stages of obtaining the amendment to the existing 50 hole drill permit. Agreements are in place with the local communities and a contract has been signed with a drilling contractor.
Following the positive initial metallurgy results, a comprehensive mineralogical study was conducted on concentrates produced from sections of Zone 1 drill holes CDD 6 & CDD 13 at Uppsala University, Uppsala, Sweden using Qualitative X-ray diffraction (XRD) and microprobe analyses. The most common silver mineral identified was a silver-sulphide, very likely argentite or acanthite. A silver sulphosalt of undetermined composition was also noted. Pyrite, arsenopyrite and zircon are common minerals identified in the concentrates.
At Tibillos, the Company's porphyry copper property in the coastal batholith northeast of Nazca, the access road has now been completed. Geological mapping and an induced polarization geophysical survey will commence during October.
The Company's Qualified Person, John Nebocat (P.Eng.), 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.
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.
For further information: Company Contact: Mariana Bermudez at (604) 699 0202 or email: [email protected], website: www.tinkaresources.com; Investor Information Contact: Bay Street Connect, Michael D'Amico, Tel: 1.647.500.6023, Email: [email protected]
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