VANCOUVER, Feb. 2 /CNW/ - Tinka Resources Limited (the "Company"), (TSXV - TK; Frankfurt - TLD;
Pinksheets -TKRFF). Mr. Andrew Carter, President, reports that the Peruvian authorities have
granted the Company a drill permit for the Tibillos copper porphyry
property, located in the coastal batholith 65 km east of Ica, Peru. The
permit for the phase 1 drill program will allow for up to 18 drill
platforms. Construction work on the drill platforms and access roads
will begin as soon as possible and the Company is seeking a drill
contractor to undertake this drill program.
Data from a recently completed geophysical survey produced a target area
in the central part of the porphyry roughly 800 m east-west by up to
500 m north-south and is the subject of this phase 1 drill program.
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
near the contacts. 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
Mr. Carter said: "We are pleased with the rapid progress that the
Company has made at Tibillos and that this important step of obtaining
the drill permit has now been achieved as it will allow the Company to
advance the project to the next level".
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
For further information:
Mariana Bermudez at (604) 699 0202
or email: firstname.lastname@example.org