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.

Contacts:
Company Contact: Tinka Resources Limited
Mariana Bermudez
(604) 699 0202
[email protected]

Investor Information: Tinka Resources Limited
Reg Advocaat
(604) 219 8911
[email protected]
www.tinkaresources.com

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
With the proliferation of both SQL and NoSQL databases, organizations can now target specific fit-for-purpose database tools for their different application needs regarding scalability, ease of use, ACID support, etc. Platform as a Service offerings make this even easier now, enabling developers to roll out their own database infrastructure in minutes with minimal management overhead. However, this same amount of flexibility also comes with the challenges of picking the right tool, on the right ...
Organizations planning enterprise data center consolidation and modernization projects are faced with a challenging, costly reality. Requirements to deploy modern, cloud-native applications simultaneously with traditional client/server applications are almost impossible to achieve with hardware-centric enterprise infrastructure. Compute and network infrastructure are fast moving down a software-defined path, but storage has been a laggard. Until now.
Evan Kirstel is an internationally recognized thought leader and social media influencer in IoT (#1 in 2017), Cloud, Data Security (2016), Health Tech (#9 in 2017), Digital Health (#6 in 2016), B2B Marketing (#5 in 2015), AI, Smart Home, Digital (2017), IIoT (#1 in 2017) and Telecom/Wireless/5G. His connections are a "Who's Who" in these technologies, He is in the top 10 most mentioned/re-tweeted by CMOs and CIOs (2016) and have been recently named 5th most influential B2B marketeer in the US. H...
Let’s face it, embracing new storage technologies, capabilities and upgrading to new hardware often adds complexity and increases costs. In his session at 18th Cloud Expo, Seth Oxenhorn, Vice President of Business Development & Alliances at FalconStor, discussed how a truly heterogeneous software-defined storage approach can add value to legacy platforms and heterogeneous environments. The result reduces complexity, significantly lowers cost, and provides IT organizations with improved efficienc...
Contextual Analytics of various threat data provides a deeper understanding of a given threat and enables identification of unknown threat vectors. In his session at @ThingsExpo, David Dufour, Head of Security Architecture, IoT, Webroot, Inc., discussed how through the use of Big Data analytics and deep data correlation across different threat types, it is possible to gain a better understanding of where, how and to what level of danger a malicious actor poses to an organization, and to determin...
Nicolas Fierro is CEO of MIMIR Blockchain Solutions. He is a programmer, technologist, and operations dev who has worked with Ethereum and blockchain since 2014. His knowledge in blockchain dates to when he performed dev ops services to the Ethereum Foundation as one the privileged few developers to work with the original core team in Switzerland.
Cloud-enabled transformation has evolved from cost saving measure to business innovation strategy -- one that combines the cloud with cognitive capabilities to drive market disruption. Learn how you can achieve the insight and agility you need to gain a competitive advantage. Industry-acclaimed CTO and cloud expert, Shankar Kalyana presents. Only the most exceptional IBMers are appointed with the rare distinction of IBM Fellow, the highest technical honor in the company. Shankar has also receive...
Digital Transformation and Disruption, Amazon Style - What You Can Learn. Chris Kocher is a co-founder of Grey Heron, a management and strategic marketing consulting firm. He has 25+ years in both strategic and hands-on operating experience helping executives and investors build revenues and shareholder value. He has consulted with over 130 companies on innovating with new business models, product strategies and monetization. Chris has held management positions at HP and Symantec in addition to ...
Extreme Computing is the ability to leverage highly performant infrastructure and software to accelerate Big Data, machine learning, HPC, and Enterprise applications. High IOPS Storage, low-latency networks, in-memory databases, GPUs and other parallel accelerators are being used to achieve faster results and help businesses make better decisions. In his session at 18th Cloud Expo, Michael O'Neill, Strategic Business Development at NVIDIA, focused on some of the unique ways extreme computing is...
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, sha...
Containers, microservices and DevOps are all the rage lately. You can read about how great they are and how they’ll change your life and the industry everywhere. So naturally when we started a new company and were deciding how to architect our app, we went with microservices, containers and DevOps. About now you’re expecting a story of how everything went so smoothly, we’re now pushing out code ten times a day, but the reality is quite different.
Traditional IT, great for stable systems of record, is struggling to cope with newer, agile systems of engagement requirements coming straight from the business. In his session at 18th Cloud Expo, William Morrish, General Manager of Product Sales at Interoute, will outline ways of exploiting new architectures to enable both systems and building them to support your existing platforms, with an eye for the future. Technologies such as Docker and the hyper-convergence of computing, networking and...
As Cybric's Chief Technology Officer, Mike D. Kail is responsible for the strategic vision and technical direction of the platform. Prior to founding Cybric, Mike was Yahoo's CIO and SVP of Infrastructure, where he led the IT and Data Center functions for the company. He has more than 24 years of IT Operations experience with a focus on highly-scalable architectures.
The hierarchical architecture that distributes "compute" within the network specially at the edge can enable new services by harnessing emerging technologies. But Edge-Compute comes at increased cost that needs to be managed and potentially augmented by creative architecture solutions as there will always a catching-up with the capacity demands. Processing power in smartphones has enhanced YoY and there is increasingly spare compute capacity that can be potentially pooled. Uber has successfully ...
An edge gateway is an essential piece of infrastructure for large scale cloud-based services. In his session at 17th Cloud Expo, Mikey Cohen, Manager, Edge Gateway at Netflix, detailed the purpose, benefits and use cases for an edge gateway to provide security, traffic management and cloud cross region resiliency. He discussed how a gateway can be used to enhance continuous deployment and help testing of new service versions and get service insights and more. Philosophical and architectural ap...