Assay TV hears from Graham Carman, President, CEO and Director of Tinka Resources Limited (TSXV: TK, BVL: TK, OTCQB: TKRFF), about the updated PEA results for its 100%-owned Ayawilca Zinc-Silver-Tin Project in Central Peru.
Highlights of the update include an after-tax NPV of US$443M and IRR of 32%, and an Indicated Mineral Resource of 19Mt zinc grading at 7.2% and Inferred Mineral Resources of 47.9Mt zinc grading at 5.4%. According to Graham, Ayawilca has the potential to become a top-10 global zinc producer by hosting one of the largest undeveloped zinc dominant resources in the world. Graham also explains that drilling activities at Ayawilca will continue to expand.
Primary tickers: TSXV:TK, BVL:TK, OTCQB:TKRFF
Stage of development: Exploration
Commodities: Zinc, Silver, Lead, Indium+Tin
Project to promote: Ayawilca Zinc-Silver-Tin Project
Project location: Peru