TSXV - TK; Frankfurt - TLD; Pinksheets - TKRFF
VANCOUVER, Jan. 29, 2013 /CNW/ - Tinka Resources Limited (the "Company"), (TSXV - TK; Frankfurt - TLD;
Pinksheets -TKRFF), announces the start of a third induced polarization (IP) survey at the
Company's Ayawilca project, west-central Peru. The two previous surveys
defined extensive chargeability anomalies over a distance of 1,200 m
east-west by up to 800 m north-south, along the eastern margin of the
surveys. The chargeability becomes stronger towards the east and
remains open in this direction. A further 8 line-km of surveying will
be done over favourable geology that extends eastward from the existing
anomalies, a distance of at least 600 m.
Satellite imagery indicates that many of the chargeability anomalies
coincide with large fault fractures that underlie Ayawilca, and
drilling has confirmed that these anomalies are caused by sulphide
mineralization. Potentially economic zinc mineralization has been
encountered in drill holes over a distance of 600 m east-west.
In addition to the survey being conducted at Ayawilca, approximately 10
km of IP will be performed at the Chaucha showing located 2.5 km to the
north. Chaucha is a gossanous clinker found within Pucara limestone
sitting on top of conglomerates of the Permian Mitu group. The oxidized
showing is in the hanging wall side of a large fault, and the footwall
side of the fault is underlain by a thick sequence of limestone. This
reconnaissance IP survey will attempt to find this same mineralized
horizon on the other side of the fault.
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.
On behalf of the Board,
"Andrew Carter"
Andrew Carter, President & CEO
Forward Looking Statements This Company Press Release contains certain "forward-looking"
statements and information relating to the Company that are based on
the beliefs of the Company's management as well as assumptions made by
and information currently available to the Company's management. Such
statements reflect the current risks, uncertainties and assumptions
related to certain factors including, without limitations, competitive
factors, general economic conditions, customer relations, relationships
with vendors and strategic partners, the interest rate environment,
governmental regulation and supervision, seasonality, technological
change, changes in industry practices, and one-time events. Should any
one or more of these risks or uncertainties materialize, or should any
underlying assumptions prove incorrect, actual results may vary
materially from those described herein.
Neither the TSX Venture Exchange, its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange), nor
the Frankfurt Stock Exchange accepts responsibility for the adequacy or
accuracy of this news release.
SOURCE: Tinka Resources Limited