Tinka Resources extending high grade zinc at Ayawilca project in Peru

Tinka Resources Ltd (CVE:TK) continues to extend high grade zinc mineralisation through drilling at the South Ayawilca part of its zinc project in Peru, it told investors.

It has released results from four new holes – three of which were drilled into the new discovery area at South Ayawilca – while a fourth was drilled at West Ayawilca.

Highlights from the South Ayawilca drilling included  7.9 metres at 29.3 % zinc, 71 g/t (grams per ton) silver and 719 g/t indium from 224.1 metres in depth.

Hole A17-058 at West Ayawilca showed 4.2 metres at 20.2 % zinc, 4.2 % lead and 329 g/t silver from 103.5 metres depth.

Hails first two holes…

Last month, the firm hailed results from the first two holes of this year’s 10,000 metre drill program at Ayawilca,  saying they were “undoubtedly” the best adjacent  holes ever sunk at the deposit.

Tinka president and chief executive Dr Graham Carman, told investors: “This set of drill results continues to show significant thicknesses of high grade zinc mineralization at South Ayawilca, as we step out from the recent discovery holes.

“The zinc bodies dip gently to the south, with the thicker zones of mineralization lying between two interpreted west-dipping northeast-trending faults approximately 250 metres apart, appearing to thicken towards the north.

“These structures were likely important conduits for the zinc mineralization.

“The mineralization at South Ayawilca remains open along strike in both directions.

“At West Ayawilca, additional holes are required to fully test the extensions with more holes planned.”

Drilling continues with three rigs…

Drilling continues with three rigs at South Ayawilca, focusing on expanding the new zinc discovery to the northeast towards the Central Ayawilca resource.

The firm is also looking forward to commencing drilling at Zone 3, Tinka said today.

Story by ProactiveInvestors