News Feed Item

Tinka Files Amended Technical Report on the Colquipucro Project, Central Peru

Global inferred resource estimate using 15 g/t and 30 g/t cut-off reduced by 2.1% and 7.5% respectively

VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 04/09/14 -- Tinka Resources Limited (the "Company") (TSX VENTURE:TK) announces that further to its news releases dated March 27, 2014 and March 12, 2014, it has filed an amended technical report on its Colquipucro Project titled "Amended and Restated Progress Report on the Geology, Exploration and Mineral Resources of the Colquipucro Project, Department of Pasco, Peru" dated September 21, 2012, amended April 2, 2014 (the "Amended and Restated Technical Report") prepared for the Company by John Nebocat, P. Eng., in accordance with National Instrument 43-101. A copy of the full Amended and Restated Technical Report is available under the Company's profile on SEDAR at www.sedar.com and on the Company's website at www.tinkaresources.com.

The Amended and Restated Technical Report contains a revised inferred resource estimate, addresses certain deficiencies in the previously filed report and provides additional information and clarification about interpretation and parameters used in this estimate.

The resource estimate is separated into two blocks, the upper sandstone and lower units. The revised sandstone inferred estimate contains 9,220,960 tonnes averaging 80.6 g/t (2.35 oz/t) using a 15 g/t cut -off and 5,936,548 tonnes averaging 114.3 g/t (3.33 oz/t) using a 30 g/t cut-off. This is equivalent to 23,890,861 and 21,821,145 contained ounces and reflects an overall increase in contained ounces of 11.6% and 11.2%, respectively.

By the elimination of certain isolated, deeper resource polygons contained within the lower units, the resources contained within it are now 2,892,569 tonnes averaging 87.6 g/t (2.55 oz/t) using a 15 g/t cut-off, and 1,254,350 tonnes averaging 137.3 g/t (4.00 oz/t) at a 30 g/t cut-off. This is equivalent to 8,144,869 and 5,535,062 contained ounces and reflects a reduction of 33.2% and 44.8%, respectively.

Global inferred resources now report at 12,113,530 tonnes grading 82.3 g/t (2.40 oz/t) silver using a 15 g/t cut-off, and 7,190,898 tonnes grading 118.3 g/t (3.45 oz/t) using a 30 g/t cut-off. This equates to 32,035,730 and 27,356,207 contained ounces and reflects an overall reduction in contained ounces of 2.1% and 7.5%, respectively.

Revised 2014 Zone 1 Inferred Silver Resources (Uncut)

Cut-off                          15 g/t Ag       15 g/t Ag        15 g/t Ag 
                                            Average Grade:        Contained 
Category                            Tonnes        g/t (oz)              Oz. 
Sandstone                        9,220,960      80.6 (2.35)      23,890,861 
Lower Units                      2,892,569      87.6 (2.55)       8,144,869 
Global                          12,113,530      82.3 (2.40)      32,035,730 

Cut-off                          30 g/t Ag       30 g/t Ag        30 g/t Ag
                                            Average Grade:        Contained
Category                            Tonnes        g/t (oz)              Oz.
Sandstone                        5,936,548     114.3 (3.33)      21,821,145
Lower Units                      1,254,350     137.3 (4.00)       5,535,062
Global                           7,190,898     118.3 (3.45)      27,356,207

The qualified person for the Company's projects, Mr. John Nebocat (P.Eng.), V.P. of Exploration for the Company, has reviewed and approved the contents of this news release.

About Tinka Resources Limited (TSX VENTURE:TK)

Tinka is a junior resource acquisition and exploration company. Tinka's focus is on its 100% owned Colquipucro and Ayawilca projects located in the highly mineralized silver-lead-zinc belt of Central Peru.

On behalf of the Board,

Andrew Carter, President & CEO

Forward-Looking Statements This release may include certain statements that may be deemed to be "forward-looking statements". All statements in this release, other than statements of historical facts, that address events or developments that management of the Company expect, are forward-looking statements.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
The Open Connectivity Foundation (OCF), sponsor of the IoTivity open source project, and AllSeen Alliance, which provides the AllJoyn® open source IoT framework, today announced that the two organizations’ boards have approved a merger under the OCF name and bylaws. This merger will advance interoperability between connected devices from both groups, enabling the full operating potential of IoT and representing a significant step towards a connected ecosystem.
Kubernetes, Docker and containers are changing the world, and how companies are deploying their software and running their infrastructure. With the shift in how applications are built and deployed, new challenges must be solved. In his session at @DevOpsSummit at19th Cloud Expo, Sebastian Scheele, co-founder of Loodse, will discuss the implications of containerized applications/infrastructures and their impact on the enterprise. In a real world example based on Kubernetes, he will show how to ...
November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Penta Security is a leading vendor for data security solutions, including its encryption solution, D’Amo. By using FPE technology, D’Amo allows for the implementation of encryption technology to sensitive data fields without modification to schema in the database environment. With businesses having their data become increasingly more complicated in their mission-critical applications (such as ERP, CRM, HRM), continued ...
Enterprises have been using both Big Data and virtualization for years. Until recently, however, most enterprises have not combined the two. Big Data's demands for higher levels of performance, the ability to control quality-of-service (QoS), and the ability to adhere to SLAs have kept it on bare metal, apart from the modern data center cloud. With recent technology innovations, we've seen the advantages of bare metal erode to such a degree that the enhanced flexibility and reduced costs that cl...
SYS-CON Events announced today that Embotics, the cloud automation company, will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Embotics is the cloud automation company for IT organizations and service providers that need to improve provisioning or enable self-service capabilities. With a relentless focus on delivering a premier user experience and unmatched customer support, Embotics is the fas...
SYS-CON Events announced today that Cloudbric, a leading website security provider, will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Cloudbric is an elite full service website protection solution specifically designed for IT novices, entrepreneurs, and small and medium businesses. First launched in 2015, Cloudbric is based on the enterprise level Web Application Firewall by Penta Security Sys...
Intelligent machines are here. Robots, self-driving cars, drones, bots and many IoT devices are becoming smarter with Machine Learning. In her session at @ThingsExpo, Sudha Jamthe, CEO of IoTDisruptions.com, will discuss the next wave of business disruption at the junction of IoT and AI, impacting many industries and set to change our lives, work and world as we know it.
Smart Cities are here to stay, but for their promise to be delivered, the data they produce must not be put in new siloes. In his session at @ThingsExpo, Mathias Herberts, Co-founder and CTO of Cityzen Data, will deep dive into best practices that will ensure a successful smart city journey.
Governments around the world are adopting Safe Harbor privacy provisions to protect customer data from leaving sovereign territories. Increasingly, global companies are required to create new instances of their server clusters in multiple countries to keep abreast of these new Safe Harbor laws. Is it worth it? In his session at 19th Cloud Expo, Adam Rogers, Managing Director of Anexia, Inc., will discuss how to keep your data legal and still stay in business.
In his session at 19th Cloud Expo, Nick Son, Vice President of Cyber Risk & Public Sector at Coalfire, will discuss the latest information on the FedRAMP Program. Topics will cover: FedRAMP Readiness Assessment Report (RAR). This new process is designed to streamline and accelerate the FedRAMP process from the traditional timeline by initially focusing on technical capability instead of documentation preparedness. FedRAMP for High-impact level systems. Early in 2016 FedRAMP officially publishe...
SYS-CON Events announced today that Impiger Technologies will exhibit in Booth #109 at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Impiger Technologies is a world-class, enterprise software product engineering company specializing in Mobile Application Development, Cloud Applications, Microsoft Technology Solutions, Web Technology and Telecom Services. Impiger Technologies helps enterprises improve busi...
Qosmos, the market leader for IP traffic classification and network intelligence technology, has announced that it will launch the Launch L7 Viewer at CloudExpo | @ThingsExpo Silicon Valley, being held November 1 – 3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. The L7 Viewer is a traffic analysis tool that provides complete visibility of all network traffic that crosses a virtualized infrastructure, up to Layer 7. It facilitates and accelerates common IT tasks such as VM migra...
In the 21st century, security on the Internet has become one of the most important issues. We hear more and more about cyber-attacks on the websites of large corporations, banks and even small businesses. When online we’re concerned not only for our own safety but also our privacy. We have to know that hackers usually start their preparation by investigating the private information of admins – the habits, interests, visited websites and so on. On the other hand, our own security is in danger bec...
The explosion of new web/cloud/IoT-based applications and the data they generate are transforming our world right before our eyes. In this rush to adopt these new technologies, organizations are often ignoring fundamental questions concerning who owns the data and failing to ask for permission to conduct invasive surveillance of their customers. Organizations that are not transparent about how their systems gather data telemetry without offering shared data ownership risk product rejection, regu...
As companies adopt the cloud-to-streamline workflow, deployment hasn’t been very seamless because of IT concerns surrounding security risks. The cloud offers many benefits, but protecting and securing information can be tricky across multiple cloud providers and remains IT’s overall responsibility. In his session at 19th Cloud Expo, Simon Bain, CEO of SearchYourCloud, will address security compliance issues associated with cloud applications and how document-level encryption is critical for sup...