VANCOUVER, Sept. 17, 2012 /CNW/ - Tinka Resources Limited (the "Company"), (TSXV: TK; Frankfurt: TLD; Pinksheets: TKRFF), announces the results of an on-going detailed mapping and rock sampling program conducted northwest of Zone 1.
A zone of highly fractured and oxidized sandstone was found about 100 m northwest of the site of fanned drill holes CDD-21 to CDD-23. These holes discovered wide intercepts of silver mineralization where no historical workings along high grade veins exist on surface.
Two lines of contiguous chip/channel samples, 20 m and 25 m long and located about 20 m apart, were taken. Along one line a contiguous 16 m section averaged just over 20 g/t Ag and 22 m interval averaged just under 1,000 ppm lead. These are considered significant results as the surface outcrops would be leached and not reflecting the actual metal content at depth. The section between the drill site, mentioned above, and this area is along steep terrain that cannot be accessed from surface. This target area has been included in the new drill permit application currently being reviewed and processed.
Mapping and sampling continues to focus on the large transverse fault that marks the western margin of the mineralized zones found on the property. This fault is believed to be partially responsible for the ground preparation and mineralization at Colquipucro.
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: [email protected]
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