VANCOUVER, Oct. 4, 2011, 2011 (Canada NewsWire via COMTEX) -- Tinka Resources Limited (the "Company"), (TK) (frankfurt:TLD) (pinksheets:TKRFF), announces the results from the first five drill holes testing the Ayawilca zone on the Company's wholly-owned Colquipucro silver-zinc-lead property, west-central Peru.
All holes intercepted altered siltstones and fine to coarse grained sandstones, randomly crosscut by semi-massive to massive sphalerite veins and intervening stringer and breccia style pyrite-sphalerite and minor galena mineralization.
Mineralized intervals, dominated by sphalerite, included:
The rig is currently drilling immediately to the east of the main target area to test for mineralization at depth; it will then move to the northern end of the main zone for further drilling.
On completion of the Ayawilca drilling program the rig will move to Zone 1 to drill the northern extension of the NI 43-101 compliant resource.
Mr Carter said; "This is a positive result as it confirms that there is mineralization in areas other than Zone 1 at Colquipucro and the possibility of defining further resources. The priority now is to complete the drilling at Ayawilca and recommence drilling at Zone 1 to test the northern extension".
VANCOUVER, Aug. 4, 2011, 2011 (Canada NewsWire via COMTEX) -- TSXV - TK; Frankfurt - TLD; Pinksheets - TKRFF
Tinka Resources Limited (the "Company"), (TSXV - TK; Frankfurt - TLD; Pinksheets -TKRFF). The Company advises that diamond drilling is continuing at its Colquipucro silver project, west-central Peru. The fourth hole, of a planned program of ten holes at the Ayawilca zone was commenced this week.
All core is being logged and split on site under the supervision of Tinka geologists, with sampling done on two metre intervals, and samples are being transported by company staff to the laboratory in Lima, Peru. Analytical standards and blanks are routinely introduced in the sample suites sent to the laboratory. Results will be released once they have been received and reviewed.
Following the completion of drilling at the Ayawilca zone, the drill rig will be moved to Zone 1 to test the northern extension of the NI43-101 compliant resource.
At Tibillos, the Company´s copper porphyry project south of Lima, work is commencing on the preparation of access roads, pads and accommodation. Due the lack of availability of reverse circulation drill rigs, the first six of the eighteen permitted holes at Tibillos will be completed using a diamond drill. Drilling will commence as soon as the construction work is completed.