Tinka commences drilling at Tibillos copper porphyry project, Peru
VANCOUVER, Nov. 7, 2011 /CNW/ - Tinka Resources Limited (the 'Company'),
(Pinksheets: TKRFF), announces that drilling has commenced at the Company's Tibillos copper porphyry project located 65 km east of Ica, Peru.Initially, six diamond drill holes will test anomalies identified from an induced polarization (IP) geophysical survey completed in January 2011. Data from the survey produced a target area in the central part of the porphyry roughly 800 m east-west by up to 500 m north-south.
The geophysical anomalies coincide favourably with the geology mapped along the streambeds. The strongest conductors can be attributed to a strongly altered intrusive body that is in contact with the surrounding sediments and volcanics which have locally been altered to hornfels. Previous rock sampling surveys along these drainages have yielded highly anomalous copper values over an area of at least 800 m east-west by 600 m north south, again supported by the observed geology.
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.
Tinka Resources Limited
CONTACT:
Company Contact: Investor Information Contact:
Mariana Bermudez at (604) 699 0202 Bay Street Connect, Michael D'Amico
or Tel: 1.647.500.6023
email: mbermudez@chasemgt.com Email: michael@baystreetconnect.com
website: www.tinkaresources.com