Tinka provides project update including review of key geological controls at Ayawilca

Project Name: Ayawilca Zinc-Silver-Tin Project
Project Location: Ancash, Peru
Project Stage: Exploration and Resource Expansion

ProjectBank Summary:
Tinka Resources Limited (TSXV & BVL: TK, OTCQB: TKRFF) has provided an update on its flagship Ayawilca Zinc-Silver-Tin Project in Peru. Following a successful 2022-2023 drill program and subsequent geological review, the company has reinterpreted the deposit's structure, significantly enhancing resource geometry and continuity. The updated geological model highlights high-grade exploration targets at East and West Ayawilca, along with expansion potential in the Silver and Tin zones. Ayawilca is one of the largest undeveloped zinc projects in the Americas, with an Indicated Resource of 28.3Mt @ 5.8% Zn, 16.4 g/t Ag, and 0.2% Pb. The company also announced plans for a maiden drill program at its Silvia Copper-Gold Project in 2025.

Tinka Resources Highlights:

• Ayawilca Resource Update (2024):

  • Indicated Resource: 28.3Mt @ 5.8% Zn, 16.4 g/t Ag, 0.2% Pb.

  • Inferred Resource: 31.2Mt @ 4.2% Zn, 14.5 g/t Ag, 0.2% Pb.

• Recent successes include:

  • 38.9m @ 20% Zn (incl. 10.4m @ 42% Zn).

  • 145m @ 10.9% Zn (incl. 29.3m @ 20.2% Zn).

• Exploration priorities:

  • Expand East and West Ayawilca high-grade zinc zones.

  • Drill-test unexplored depth targets in the Tin Zone.

MD/CEO Statement:
Dr. Graham Carman, President & CEO, stated: “Tinka’s Ayawilca project is without a doubt one of the largest undeveloped zinc-dominant base metal projects in the Americas and, we believe, one of the most developable, located within a mining region with access to excellent infrastructure and close to a local smelter and port. The Company is advancing the project along the development trajectory, and we have strong local partners who are assisting us in this endeavour.”