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Tinka
Resources Limited (the "Company") (TSXV - TK; Frankfurt - TLD; Pinksheets -TKRFF). Andrew Carter, President, reports
that the Company has received a report from an independent geophysicist on
the induced polarisation (IP) survey undertaken on
the Company's Tibillos copper porphyry property,
located in the coastal batholith 65 km east of Ica,
Peru.
The
pole-dipole survey consisted of 12 lines totalling
20 km with the object of determining, where possible, the geometry and zoning
features of the porphyry target. The data was modelled
using both the Zonge 2-D and UBC 3-D inversion
programs; both methods produced similar and coherent chargeability and
resistivity models.
The
IP data has produced a target area in the central part of the porphyry
roughly 800 m east-west by up to 500 m north-south. This model fits the
observed surface mineralisation. Also, there exists
a conductive body in the southeastern part of the survey area that is
underlain by volcanics. Skarn-style
mineralisation was noted in a small mine operated
by informal miners about 2 km southeast from here which is hosted by similar
rocks. This area will be drill tested in addition to the central porphyry
targets.
Mr. Carter said: "We are pleased that this
important step has been completed as it will allow the Company to advance the
project as quickly as possible. An application for an initial drill program
has now been lodged with the Peruvian authorities."
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
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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
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