Ayawilca Project, Peru
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 geological review, the company has reinterpreted the deposit's structure, enhancing resource geometry and continuity. The updated model highlights high-grade exploration targets at East and West Ayawilca....
Project Summary
Tinka's Ayawilca Zinc-Silver-Tin Project, located in central Peru, is one of the most significant emerging polymetallic deposits in the region. The project comprises a large resource of zinc, silver, tin, and indium, making it a key asset for Tinka Resources in the global mining landscape.
The recent NI 43-101 compliant technical report highlights an Indicated Mineral Resource of 28.3 million tonnes grading 5.82% zinc, 16.4 g/t silver, and 91 g/t indium, along with an Inferred Mineral Resource of 31.2 million tonnes grading 4.21% zinc and 14.5 g/t silver.
Additionally, Ayawilca hosts a Tin Zone with 1.4 million tonnes in the Indicated category grading 0.72% tin and 12.7 million tonnes in the Inferred category grading 0.76% tin. These robust resource figures, coupled with strong financial metrics outlined in the Preliminary Economic Assessment (PEA), underscore the project's potential to become a major player in the production of zinc, silver, and tin.
Strategically located in a mining-friendly jurisdiction, Ayawilca benefits from excellent infrastructure, including access to roads, power lines, and proximity to a seaport. The project is also bolstered by partnerships with local mining companies like Buenaventura and Nexa Resources, which further enhance its operational potential.