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Last C$0.19 CAD
Change Today -0.015 / -7.32%
Volume 46.3K
TK On Other Exchanges
As of 3:37 PM 09/4/15 All times are local (Market data is delayed by at least 15 minutes).

tinka resources ltd (TK) Snapshot

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02/23/15 - C$0.43
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tinka resources ltd (TK) Details

Tinka Resources Limited, a junior mineral exploration company, engages in the acquisition and exploration of precious and base metals on mineral properties in Peru. The company primarily explores for silver, gold, lead, zinc, tin, and copper deposits. It principally holds interests in the Colquipucro silver and Ayawilca zinc projects, which include 50 mining concessions covering an area of 11,740 hectares located in central Peru. Tinka Resources Limited is based in Vancouver, Canada.

tinka resources ltd (TK) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: C$36.7K
Chief Financial Officer, Director and Chairma...
Total Annual Compensation: C$20.0K
Compensation as of Fiscal Year 2014.

tinka resources ltd (TK) Key Developments

Tinka Resources Commences 10,000 Metre Drill Program at Ayawilca Zinc Project

Tinka Resources Limited has mobilized two drill rigs to commence up to 10,000 metres of diamond drilling at the company's 100%-owned Ayawilca zinc project, Peru. The key objective of the drill program is to expand the existing Inferred Mineral Resource of 13.3 million tonnes grading 7.7% zinc equivalent. In addition, the results of a new Induced Polarization (IP) geophysical survey highlight a number of new zinc targets. The 2015 program will focus on drill testing extensions of the Inferred Mineral Resource at East, Central and West Ayawilca as well as testing some new targets. Up to 24 step-out holes are planned commencing with two rigs drilling concurrently. The program is expected to take around 4 months to complete, with results to be released once assays become available and interpreted. The drill program will commence at East Ayawilca where zinc mineralization is open in all directions. East Ayawilca has zinc intercepts which were not included in the resource calculation due to the sparsity of past drilling (including 19.6 metres at 5.7% zinc and 81 g/t indium from 164 metres depth: hole A14-21). Drill holes are also planned at West and Central Ayawilca where zinc mineralization is open in two directions along strike and where tin-copper mineralization was discovered at depth.

Tinka Resources Limited Announces Management Changes

Tinka Resources Limited announced that Mr. Alvaro Fernandez-Baca has been appointed Vice President of Exploration for the company. Prior to joining Tinka, Mr. Fernandez-Baca held the position of Exploration Manager for Hochschild Mining, a London-listed mid-tier producer, for two years and was responsible for advancing Hochschild's exploration portfolio in South America based in Lima. Mr. Fernandez-Baca has also held the position of Vice President of Exploration and General Manager of AQM Copper Inc. Mr. John Nebocat, who held the position of Vice President of Exploration for Tinka since January 2013, will move to a role of consulting geologist for the company.

Tinka Resources Limited Announces First Mineral Resource Estimate for its 100%-Owned Ayawilca Zinc (Zn) – Indium (In) – Silver (Ag) - Lead (Pb) Deposit in Central Peru

Tinka Resources Limited announced the first Mineral Resource estimate for its 100%-owned Ayawilca zinc (Zn) – indium (In) – silver (Ag) - lead (Pb) deposit in central Peru. The Inferred Mineral Resource at Ayawilca occurs in three separate structures (West, Central, and East), all of which remain open along strike. The Mineral Resources were estimated by Roscoe Postle Associates Inc. (RPA) of Toronto, Canada. Ayawilca Deposit: Mineral Resources at Ayawilca are reported on the basis of a possible underground mining scenario at a cut-off NSR value of $60/t. Inferred Mineral Resources at Ayawilca are estimated to total 13.3 million tonnes at average grades of 5.9% Zn, 68 g/t In, 14 g/t Ag, and 0.2% Pb. Mineral Resources are hosted by a sedimentary breccia, greywacke, siltstone and carbonate sequence beneath a sandstone unit that hosts the Colquipucro deposit located 1.5 km to the north. The Ayawilca deposit is made up of multiple, gently dipping lenses or ‘mantos’ within three structural zones (West, Central and East) located immediately above the Paleozoic basement, the loci of the bulk of the polymetallic mineralization in central Peru. No Mineral Reserves have yet been estimated at Ayawilca.


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