VANCOUVER, Nov. 7, 2011 /CNW/ - Tinka Resources Limited (the "Company"), (TSXV: TK) (Frankfurt: TLD)
(Pinksheets: TKRFF), announces that drilling has commenced at the Company's Tibillos copper
porphyry project located 65 km east of Ica, Peru.
Initially, six diamond drill holes will test anomalies identified from
an induced polarization (IP) geophysical survey completed in January
2011. Data from the survey produced a target area in the central part
of the porphyry roughly 800 m east-west by up to 500 m north-south.
The geophysical anomalies coincide favourably with the geology mapped
along the streambeds. The strongest conductors can be attributed to a
strongly altered intrusive body that is in contact with the surrounding
sediments and volcanics which have locally been altered to hornfels.
Previous rock sampling surveys along these drainages have yielded
highly anomalous copper values over an area of at least 800 m east-west
by 600 m north south, again supported by the observed geology.
The Company's Qualified Person, John Nebocat (P.Eng.), has reviewed and
approved the contents of this news release.
On behalf of the Board,
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
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