Tinka Resources Ltd V.TK

Alternate Symbol(s): TKRFF

Metals & Mining Industrial Metals & Minerals

Tinka Resources Limited is a Canada-based exploration and development company with its flagship property, Ayawilca Zinc-Silver-tin project, located 200 kilometers (km) northeast of Lima, in the Pasco region of central Peru. The Ayawilca Zinc-Silver project is located 40 km northwest of the Cerro de Pasco mine (copper-zinc-lead-silver), and 100 km south of the giant Antamina mine (copper-zinc). It owns 460 square kilometers (km2) of contiguous mining concessions in central Peru with geological potential. The Company has identified three separate mineral deposits at the Ayawilca project: Ayawilca Zinc Zone (sulphide), Colqui Silver Zone (oxide) and Tin Zone (sulphide). The Colqui Silver Zone is located 1.5 km north of the Ayawilca Zinc Zone. The Company’s Silvia Project consists of 29,500 hectares of contiguous mining concessions. The project lies approximately 80 km south and along strike of Antamina.

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Tinka Resources Ltd > I've Followed Tinka From A Distance

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Comment by Reddaleon Mar 22, 2021 11:24am

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Post# 32850170

RE:RE:RE:I've Followed Tinka From A Distance

Blazesb,

Yes the Nexa investment is very good for two reasons:

1) significant interest from a long term Peru miner which has a mine nearby and a zinc smelter/refiner just outside Lima

2) Nexa is the second Peru based miner with a position in Tinka, that is Buenaventura now has competition

Tinka is not a mining company and neither is the other major share holder Sentient.

This zinc, silver, tin resource is being derisked to an adavanced enough stage where the true miners (e.g. Nexa, Buenaventura, Glencore ?) buy out Tinka, making management, Sentient and you and I money.

Derisking does take some time, but the end game is the prize

Red

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