Tinka Commences IP Survey at Colquipucro in Peru
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 06/10/10 -- Tinka Resources Limited (the 'Company') (TSX VENTURE: TK)(PINK SHEETS: TKRFF)(FRANKFURT: TLD). Andrew Carter, President, reports that the Company has commenced an induced polarization (IP) survey on the Company' 100 percent-owned Colquipucro silver project, west-central Peru.
The survey will be contiguous with the previous survey performed on Zone 1 in 2006. It will test the yet-undrilled Ayawilca zone located 1.5 km south of the NI43-101 compliant 20.3 million ounce silver resource, with an immediate, contiguous potential target (see April 24, 2008 news release), drilled in 2007. The survey will incorporate approximately 12 line-kilometres of grid.
Following the review of the IP survey, an eight hole reverse circulation (RC) drill program is planned to test the Ayawilca zone. The favourable sandstone unit, intensely brecciated next to a major transverse fault system, is believed to be thicker here than at Zone 1, and the IP survey should help determine if this interpretation is correct. An amendment to the existing drill permit, to include the eight reverse circulation holes, has been lodged with the authorities for approval.
The Company's Qualified Person, John Nebocat (P.Eng), has reviewed and approved the contents of this press 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.
Contacts:
Tinka Resources Limited
Mariana Bermudez
(604) 699 0202
mbermudez@chasemgt.com
www.tinkaresources.com
Investor Information
Michael D'Amico
Bay Street Connect
1.647.500.6023
michael@baystreetconnect.com
