Advancing a Globally Significant Zinc Asset in Peru
Stock Code:
TSX-V: TK, OTCQB: TKRFF, BVL: TK
Company Exposure:
Silver, Zinc, Tin
Project Location:
Peru
Tinka is an exploration and development company with its flagship property being the 100%-owned Ayawilca zinc-silver-tin project in central Peru. The Zinc Zone deposit has an estimated Indicated Mineral Resource of 19.0Mt @ 7.15% Zn, 16.8g/t Ag & 0.2% Pb and Inferred Mineral Resource of 47.9Mt @ 5.4% Zn, 20.0g/t Ag & 0.4% Pb (dated August 30, 2021.
The Ayawilca Tin Zone has an estimated Inferred Mineral Resource of 8.4Mt grading 1.0% Sn. Tinka holds 46,000ha of mining claims in Central Peru, one of the largest holders of mining claims in the belt. Tinka is actively exploring for copper-gold skarn mineral deposits at its 100%-owned Silvia project.
Investment Highlights
Ayawilca: One of the world’s largest undeveloped Zinc deposits – Zinc, Silver & Tin are essential for a ‘green’ economy
- 2021 PEA: After-tax NPV8% of US$433M and IRR of 32% with initial capex US$264M
- A 10,000m drill programme is in progress (Two drilling rigs) targeting additional high-grade Zinc Zone resources
- Tin Zone (not included in PEA) – currently under assessment
- Two strategic mining cos (Buenaventura, Nexa) shareholders
- C$16M in cash: fully-funded for 2022-23 work programmes
- Experienced team – successful track record in Peru
- Exploration upside: Cu-Au potential on adjacent Silvia property
