TSXV - TK; Frankfurt - TLD; Pinksheets - TKRFF
VANCOUVER, Dec. 4, 2012 /CNW/ - Tinka Resources Limited (the "Company"), (TSXV:TK) (Frankfurt:TLD) (OTCPK:TKRFF), announces that the Company has signed an agreement with the Pillao
community, providing surface access for the Colquipucro project,
west-central Peru. The agreement grants the Company access for all
exploration activities, including drilling, for the next thirty months.
Mr Carter said: "We are extremely pleased with this positive decision by
the community and look forward to working with them, not only in the
development of the Colquipucro project, but in the development of
sustainable projects and social programs for the community as a whole.
As a result of this major step, drilling is scheduled to recommence at
Zone 1 in January."
Drilling will consist of approximately 20 in-fill holes at Zone 1 with
the objective of both increasing the silver resources and upgrading the
resource classification from the inferred to indicated category. At the same time, with community support, an amendment to the
existing drill permit will be lodged to include further drill platforms
to test the north-west extension of Zone 1 (see press release dated
September 17, 2012)
Surface work will also continue on the Chaucha zone, 1.5 km to the
north, where strongly oxidized, gossanous limestone contains highly
elevated levels of zinc, lead and silver.
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:
Investor Information Contact:
Bay Street Connect