Monday, February 7, 2011

TINKA Resources TK.V receives Drill Permits!

As I said yesterday, this is the news we have been waiting for! To the MOON! Winner winner chicken dinner.

VANCOUVER, Feb. 7, 2011 (Canada NewsWire via COMTEX) -- Tinka Resources Limited (the "Company"), (TSXV - TK; Frankfurt - TLD; Pinksheets -TKRFF). Mr. Andrew Carter, President, reports that the Peruvian authorities have granted the Company a modification to the existing 50 hole drill permit for the Colquipucro silver project, west-central Peru. The modification is for a further 8 holes to test the Ayawilca zone located 1.5 km south of the NI43-101 compliant 20.3 million ounce silver resource (see press release dated April 24, 2008) known as Zone 1. The Company is seeking a drill contractor to undertake this drill program as soon as possible.

The Ayawilca zone occurs in the same favorable sandstone unit that hosts the Zone 1 silver resource. The zone is located adjacent to a major transverse fault system, and the sandstone is intensely brecciated. An induced polarization (IP) geophysical survey, consisting of 14 line-kilometres, was completed at Ayawilca (see press release dated August 24, 2010) and was contiguous with the IP survey performed over Zone 1 in 2007 (see press release dated March 1, 2007). The inversion model of the IP data produced a target underlying the Ayawilca zone that trends east-southeast for 600 metres and plunges gently to the east.

Mr. Carter said: "The Company's new management team in Peru, which has been put in place over the last four weeks, has worked diligently to resolve all observations from the relevant governmental authorities in what has been a complicated and protracted process. We are pleased that this important step of obtaining the modified drill permit to test the Ayawilca zone has now been achieved as it will allow the Company to advance the project to the next level."

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.Â

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.

To view this news release in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/February2011/07/c8357.html

SOURCE: Tinka Resources Limited

14 comments:

  1. I know you said do your own DD - here is some:

    http://www.tinkaresources.com/files/file/TK110202.pdf

    Did you miss this somehow last week?

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  2. That's a copper permit. We are talking about silver here.

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  3. It appears Blythe may be about done. Silver is looking to close up again today.

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  4. Anon, those were different permits for different land package...Mr pinnion not too sure what you are laughing at as TK is up 11% and EPO is up 20% today alone...anyone who managed to buy, congratulations-hold on tight!

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  5. Thanks for the tips ! Bought some TK this morning, will do DD this evening... ;-)

    From all the rumours, i gather Feb 8 (tomorrow) might be an important date for the little XN bears...

    Chuck

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  6. the juries still out on you dude.
    this looks like a pump and dump to me
    nothing magical about that.
    IF they do soar in price ,i think you better get the timeing right, and swap for PM s before it all goes tits up.If not ,its all just worthless paper and promises.
    Having said that.
    I might have a dabble.

    Regards
    Ozzy

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  7. Dear Ozzy, Mr Pinnion whatever you call yourself,

    What jury?

    Let me let you in on a little secret-pump and dumps are on stocks that have extremely light volume, usually on the pinks (OTCBB).

    Here's my question to you. How in gods green fucking Earth, even with the help of Blythe herself, could I possibly move a stock (EPO GWG) that trades over 4 million shares a day, if not 10 million? Please humor me as to how I could do that, seriously, with all your infinite wisdom, explain that to me?

    See your shitty answer will say something like, "well TK has light volume..." but then I say, it only has 40 million outstandings so go on some other blog and write shit like "hahahahah" cause you a fuckin waste of space on here.

    Here's why you suck, and you are pissed and still 'waiting' to see what happens. You missed silver at $15, $18, $24, $29. You are pissed at that. Thats why. And you are already pissed you missed the boat on these stocks now too. I await your shitty, worthless reply, and after I'm done and about 5000 others are done wasting our time reading it and laughing at you, I will delete it, and block you...you bring nothing but negativity and no constructive info to this group. Eat a dick.

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  8. SGS. Don't feed the trolls man. Keep the faith.

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  9. Ouch!

    Sounds very much like Denninger replying to a gold bug.
    Seems like you just want to preach to the converted, bend over , and get your arse licked.
    Well there s always sheep out there willing to follow a new shitty arse. Enjoy lol.

    Regards
    Ozzy

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  10. So... any opinions how this will affect the financial system? fed moving in to cap PM sales?

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  11. wait for video, there is a battle going on right now that no one can see...I will enlighten part 4

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  12. I'm ready for that video! Posting today?

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  13. SGS,

    Thanks for posting these three stocks. I did do DD. Thanks for showing me encanto. I would have never known this sure to be winner without you.

    Thank you so much. Please ignore those trolls. May be he might have burnt down by some other bumb and dumbers. But without doing a DD and suspecting genuines does disservice to you.

    Thank you again.
    -Pal

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