VANCOUVER, Aug. 17, 2017 /CNW/ - Tinka Resources Limited ("Tinka" or the "Company") (TSXV: TK) (OTCPK: TKRFF) announces the appointment of Mr. Ben McKeown to the Board of Tinka as an independent non-executive director.
Mr. McKeown brings strong commercial, financial, strategic and technical experience to the board of Tinka. He has worked across various sectors and in a number of jurisdictions during his 25 years in resources including in iron ore, lithium, precious metals, base metals, and oil and gas. He has served on numerous listed and unlisted company boards as Chairman or non-executive director, including Ferrous Resources Limited, Senex Energy Ltd, Jordan Energy & Mining Ltd and Rincon Lithium Ltd. Mr. McKeown was a partner at Sentient Group for 10 years until May 2017. Previously, Mr. McKeown was an investment principal at Actis (previously CDC Group) for 7 years. Mr. McKeown graduated from Imperial College London with B. Eng (Hons) in Mining Engineering, and holds an MBA from IESE Business School in Barcelona. Mr. McKeown currently resides in Sydney, Australia.
Dr. Graham Carman, President & CEO stated, "I am delighted to welcome Ben to the Tinka Board. Ben brings a wealth of experience in leadership, corporate governance, finance and project development to our team. Ben is a highly respected mining finance professional, and will enhance the skill set of our Board at a time of rapid growth in the Company as we advance our Ayawilca zinc project in Peru towards development."
About Tinka Resources Limited
Tinka is an exploration and development company with its flagship property being the 100%-owned Ayawilca Property in the zinc-lead-silver belt of central Peru, 200 kilometres northeast of Lima. The Ayawilca Zinc Zone has an Inferred Mineral Resource of 18.8 Mt at 8.2% Zinc Eq, and a Tin Zone Inferred Mineral Resource of 5.4 Mt at 0.89% Tin Eq, both open for expansion (May 25, 2016). A significant resource expansion drill program began in February 2017 and is ongoing. The qualified person, Dr. Graham Carman, Tinka's President and CEO, and a Fellow of the Australasian Institute of Mining and Metallurgy, has reviewed and verified the technical contents of this release.
On behalf of the Board,
Dr. Graham Carman, President & CEO
Forward Looking Statements: Certain information in this news release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws (collectively "forward-looking statements"). All statements, other than statements of historical fact are forward-looking statements. Forward-looking statements are based on the beliefs and expectations of Tinka as well as assumptions made by and information currently available to Tinka's management. Such statements reflect the current risks, uncertainties and assumptions related to certain factors including, without limitations, the Company's expectations regarding mineral resource calculations, capital and other costs varying significantly from estimates, production rates varying from estimates, changes in world metal markets, changes in equity markets, uncertainties relating to the availability and costs of financing needed in the future, equipment failure, unexpected geological conditions, imprecision in resource estimates or metal recoveries, success of future development initiatives, competition, operating performance, environmental and safety risks, community relations, and other development and operating risks. 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. Although Tinka believes that assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein. Except as may be required by applicable securities laws, Tinka disclaims any intent or obligation to update any forward-looking statement.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
SOURCE Tinka Resources Limited
For further information: Investor Information: www.tinkaresources.com; Rob Bruggeman, 1.416.884.3556, email@example.com; Company Contact: Mariana Bermudez, 1.604.699.0202, firstname.lastname@example.org