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Tinka Resources Ltd V.TK

Alternate Symbol(s):  TKRFF

Tinka Resources Limited is a Canada-based exploration and development company. The Company is engaged in the acquisition and exploration of mineral properties located in Peru. The Company’s flagship property is 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). Its Silvia Project consists of 16 granted concessions for 10,906 hectares, located in the Department of Huanuco in central Peru. The project lies approximately 80 km south and along strike of Antamina. The Company has also granted with two mining concessions totaling 1,200 hectares, namely Pampahuasi Property. The Colquipucro silver Zone is located 1.5 km north of the Ayawilca Zinc Zone.


TSXV:TK - Post by User

Comment by Reddaleon Mar 22, 2021 11:24am
130 Views
Post# 32850170

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

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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