Tinka Resources Limited Signs Diamond Drill Contract For Colquipucro Silver Project, Peru
07.03.2011 | CNW
VANCOUVER, March 7 /CNW/ - Tinka Resources Limited (the "Company"), (TSXV: TK; Frankfurt: TLD; Pink Sheets: TKRFF). Mr. Andrew Carter, President, announces that it has signed a drill contract with a Peruvian registered drilling contractor to undertake a diamond drilling program at the Company's Colquipucro silver project, west central Peru.The program will be for a minimum of 1,100 metres. Two of the holes will test the geological structure at the Ayawilca zone prior to the commencement of the eight hole reverse circulation drill program. The remaining holes will be drilled at Zone 1 to test the northern extension of the existing resource.
Mr. Carter said: "An initial diamond drill program will assist in understanding the structural controls at the Ayawilca zone prior to the reverse circulation drill program."
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"
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.
For further information:
Company Contact:
Mariana Bermudez at (604) 699 0202 or
email: mbermudez@chasemgt.com
website: www.tinkaresources.com
Investor Information Contact:
Bay Street Connect, Michael D'Amico
Tel: 1.647.500.6023
Email: michael@baystreetconnect.com