Tinka Resources Ltd. - Announces Grant of Stock Options
VANCOUVER, Feb. 2, 2017 - Tinka Resources Limited ("Tinka" or the "Company") (TSXV: TK) (OTCPK: TKRFF) announces the granting of stock options to its directors, officers and consultants to purchase up to 3,500,000 common shares of the Company at an exercise price of $0.325 per option share for a period of three years. About Tinka Resources Limited
Tinka is an exploration and development company with projects in Peru. Tinka's flagship property is its 100%-owned Ayawilca Property in the highly mineralized zinc-lead-silver belt of central Peru, 200 kilometres north of Lima. Ayawilca has two separate Inferred Mineral Resource Zones of 18.8 Mt at 8.2% Zinc Eq, and 5.4 Mt at 0.89% Tin Eq, both open for expansion (news release of May 25, 2016). The Colquipucro silver deposit, located 2 km north of the Ayawilca Zinc Zone, has Indicated Mineral Resources of 2.9 Mt at 112g/t Ag for 10.4 Moz Ag and Inferred Mineral Resources of 2.2 Mt at 105g/t Ag for 7.5 Moz Ag contained within a larger lower-grade resource envelope (news release of Feb. 26, 2015). Dr. Graham Carman, Tinka's President and CEO, is a Qualified Person as defined in National Instrument 43-101 and has reviewed and approved the scientific and technical disclosure contained in this news release.
On behalf of the Board,
"Graham Carman"
Dr. Graham Carman, President & CEO
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 Ltd.
Contact
Investor Information: www.tinkaresources.com, Rob Bruggeman, 1.416.884.3556, rbruggeman@tinkaresources.com; Company Contact: Mariana Bermudez, 1.604.699.0202, info@tinkaresources.com