Welcome!

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
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devices - comp...
Qosmos has announced new milestones in the detection of encrypted traffic and in protocol signature coverage. Qosmos latest software can accurately classify traffic encrypted with SSL/TLS (e.g., Google, Facebook, WhatsApp), P2P traffic (e.g., BitTorrent, MuTorrent, Vuze), and Skype, while preserving the privacy of communication content. These new classification techniques mean that traffic optimization, policy enforcement, and user experience are largely unaffected by encryption. In respect wit...
"My role is working with customers, helping them go through this digital transformation. I spend a lot of time talking to banks, big industries, manufacturers working through how they are integrating and transforming their IT platforms and moving them forward," explained William Morrish, General Manager Product Sales at Interoute, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Cloud computing is being adopted in one form or another by 94% of enterprises today. Tens of billions of new devices are being connected to The Internet of Things. And Big Data is driving this bus. An exponential increase is expected in the amount of information being processed, managed, analyzed, and acted upon by enterprise IT. This amazing is not part of some distant future - it is happening today. One report shows a 650% increase in enterprise data by 2020. Other estimates are even higher....
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 19th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world and ThingsExpo Silicon Valley Call for Papers is now open.
To leverage Continuous Delivery, enterprises must consider impacts that span functional silos, as well as applications that touch older, slower moving components. Managing the many dependencies can cause slowdowns. See how to achieve continuous delivery in the enterprise.
Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more business becomes digital the more stakeholders are interested in this data including how it relates to business. Some of these people have never used a monitoring tool before. They have a question on their mind like “How is my application doing” but no id...
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 ...
The 19th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportuni...
SYS-CON Events announced today that eCube Systems, a leading provider of middleware modernization, integration, and management solutions, will exhibit at @DevOpsSummit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. eCube Systems offers a family of middleware evolution products and services that maximize return on technology investment by leveraging existing technical equity to meet evolving business needs. ...
19th Cloud Expo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterpri...
Using new techniques of information modeling, indexing, and processing, new cloud-based systems can support cloud-based workloads previously not possible for high-throughput insurance, banking, and case-based applications. In his session at 18th Cloud Expo, John Newton, CTO, Founder and Chairman of Alfresco, described how to scale cloud-based content management repositories to store, manage, and retrieve billions of documents and related information with fast and linear scalability. He addres...
Enterprises have forever faced challenges surrounding the sharing of their intellectual property. Emerging cloud adoption has made it more compelling for enterprises to digitize their content, making them available over a wide variety of devices across the Internet. In his session at 19th Cloud Expo, Santosh Ahuja, Director of Architecture at Impiger Technologies, will introduce various mechanisms provided by cloud service providers today to manage and share digital content in a secure manner....
As the world moves toward more DevOps and Microservices, application deployment to the cloud ought to become a lot simpler. The Microservices architecture, which is the basis of many new age distributed systems such as OpenStack, NetFlix and so on, is at the heart of Cloud Foundry - a complete developer-oriented Platform as a Service (PaaS) that is IaaS agnostic and supports vCloud, OpenStack and AWS. Serverless computing is revolutionizing computing. In his session at 19th Cloud Expo, Raghav...
Fact: storage performance problems have only gotten more complicated, as applications not only have become largely virtualized, but also have moved to cloud-based infrastructures. Storage performance in virtualized environments isn’t just about IOPS anymore. Instead, you need to guarantee performance for individual VMs, helping applications maintain performance as the number of VMs continues to go up in real time. In his session at Cloud Expo, Dhiraj Sehgal, Product and Marketing at Tintri, wil...