VANCOUVER, Jan. 10, 2013 /CNW/ - Tinka Resources Limited (the "Company"), (TSXV:TK) (Frankfurt:TLD) (OTCPK:TKRFF), announces that the Company has resumed drilling at both the Colquipucro and Ayawilca projects, west-central Peru.
At Colquipucro, the Company has the necessary permits in place to conduct a third phase drilling program. In-fill drilling will be done along the existing drill sections and along intervening sections spaced 50 metres apart. The objective of the phase 3 drill program is to upgrade the NI43-101 compliant silver resource, and core from the program will used for further metallurgical studies.
At Ayawilca, drilling will continue to test a series of large 3-D inversion, induced polarization (IP) anomalies that span a distance of 1,200 metres east-west; the anomalies remain open to the east. The Company has filed an amendment to the existing drill permit for a further 84 drill platforms covering the anomalies identified by geophysics so far.
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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