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
SYS-CON Events announced today that Juniper Networks (NYSE: JNPR), an industry leader in automated, scalable and secure networks, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Juniper Networks challenges the status quo with products, solutions and services that transform the economics of networking. The company co-innovates with customers and partners to deliver automated, scalable and secure network...
New competitors, disruptive technologies, and growing expectations are pushing every business to both adopt and deliver new digital services. This ‘Digital Transformation’ demands rapid delivery and continuous iteration of new competitive services via multiple channels, which in turn demands new service delivery techniques – including DevOps. In this power panel at @DevOpsSummit 20th Cloud Expo, moderated by DevOps Conference Co-Chair Andi Mann, panelists will examine how DevOps helps to meet th...
The 20th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held June 6-8, 2017, at the Javits Center in New York City, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Containers, 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 opportunity. Submit your speaking proposal ...
@GonzalezCarmen has been ranked the Number One Influencer and @ThingsExpo has been named the Number One Brand in the “M2M 2016: Top 100 Influencers and Brands” by Analytic. Onalytica analyzed tweets over the last 6 months mentioning the keywords M2M OR “Machine to Machine.” They then identified the top 100 most influential brands and individuals leading the discussion on Twitter.
Translating agile methodology into real-world best practices within the modern software factory has driven widespread DevOps adoption, yet much work remains to expand workflows and tooling across the enterprise. As models evolve from pockets of experimentation into wholescale organizational reinvention, practitioners find themselves challenged to incorporate the culture and architecture necessary to support DevOps at scale. In his session at @DevOpsSummit at 20th Cloud Expo, Anand Akela, Senior...
The Internet of Things is clearly many things: data collection and analytics, wearables, Smart Grids and Smart Cities, the Industrial Internet, and more. Cool platforms like Arduino, Raspberry Pi, Intel's Galileo and Edison, and a diverse world of sensors are making the IoT a great toy box for developers in all these areas. In this Power Panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists discussed what things are the most important, which will have the most profound e...
SYS-CON Events announced today that Twistlock, the leading provider of cloud container security solutions, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Twistlock is the industry's first enterprise security suite for container security. Twistlock's technology addresses risks on the host and within the application of the container, enabling enterprises to consistently enforce security policies, monitor...
Quickly find the root cause of complex database problems slowing down your applications. Up to 88% of all application performance issues are related to the database. DPA’s unique response time analysis shows you exactly what needs fixing - in four clicks or less. Optimize performance anywhere. Database Performance Analyzer monitors on-premises, on VMware®, and in the Cloud, including Amazon® AWS and Azure™ virtual machines.
Automation is enabling enterprises to design, deploy, and manage more complex, hybrid cloud environments. Yet the people who manage these environments must be trained in and understanding these environments better than ever before. A new era of analytics and cognitive computing is adding intelligence, but also more complexity, to these cloud environments. How smart is your cloud? How smart should it be? In this power panel at 20th Cloud Expo, moderated by Conference Chair Roger Strukhoff, pane...
Five years ago development was seen as a dead-end career, now it’s anything but – with an explosion in mobile and IoT initiatives increasing the demand for skilled engineers. But apart from having a ready supply of great coders, what constitutes true ‘DevOps Royalty’? It’ll be the ability to craft resilient architectures, supportability, security everywhere across the software lifecycle. In his keynote at @DevOpsSummit at 20th Cloud Expo, Jeffrey Scheaffer, GM and SVP, Continuous Delivery Busin...
In his keynote at 19th Cloud Expo, Sheng Liang, co-founder and CEO of Rancher Labs, discussed the technological advances and new business opportunities created by the rapid adoption of containers. With the success of Amazon Web Services (AWS) and various open source technologies used to build private clouds, cloud computing has become an essential component of IT strategy. However, users continue to face challenges in implementing clouds, as older technologies evolve and newer ones like Docker c...
SYS-CON Events announced today that T-Mobile will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. As America's Un-carrier, T-Mobile US, Inc., is redefining the way consumers and businesses buy wireless services through leading product and service innovation. The Company's advanced nationwide 4G LTE network delivers outstanding wireless experiences to 67.4 million customers who are unwilling to compromise on ...
In his keynote at @ThingsExpo, Chris Matthieu, Director of IoT Engineering at Citrix and co-founder and CTO of Octoblu, focused on building an IoT platform and company. He provided a behind-the-scenes look at Octoblu’s platform, business, and pivots along the way (including the Citrix acquisition of Octoblu).
@ThingsExpo has been named the Most Influential ‘Smart Cities - IIoT' Account and @BigDataExpo has been named fourteenth by Right Relevance (RR), which provides curated information and intelligence on approximately 50,000 topics. In addition, Right Relevance provides an Insights offering that combines the above Topics and Influencers information with real time conversations to provide actionable intelligence with visualizations to enable decision making. The Insights service is applicable to eve...
SYS-CON Events announced today that Grape Up will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct. 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Grape Up is a software company specializing in cloud native application development and professional services related to Cloud Foundry PaaS. With five expert teams that operate in various sectors of the market across the U.S. and Europe, Grape Up works with a variety of customers from emergi...