Tincorp Appoints Dr. Peter Megaw as Technical Advisor
Page 1
Tincorp Appoints Dr. Peter Megaw as Technical Advisor
Vancouver, British Columbia – May 4, 2023 – Tincorp Metals Inc. (“Tincorp” or the “Company”)
(TSXV: “TIN”; OTCQX: “TINFF”) is pleased to announce the appointment of Dr. Peter Megaw as
technical advisor to the Company. Dr. Megaw will assist the Company in target generation and
the ongoing exploration activities in Bolivia.
Dr. Megaw has a Ph.D. in geology from the University of Arizona and more than 30 years of
relevant experience focused on silver and gold exploration in Mexico. He is a certified
Professional Geologist by the American Institute of Professional Geologists and an Arizona
Registered Geologist. Dr. Megaw has been instrumental in a number of mineral discoveries in
Mexico including new ore bodies at existing mines, Excellon Resources’ Platosa Mine, and MAG
Silver’s Juanicipio and Cinco de Mayo properties; discoveries for which he was g iven PDAC’s
2016 Thayer Lindsley Award. Peter is also a Director of New Pacific Metals , a Canadian
exploration and development company with precious metal projects in Bolivia.
“We are very pleased to welcome Peter to Tincorp. Peter’s successful association with our group
can be seen through his work with both MAG Silver and New Pacific Metals.” Gordon Neal, CEO,
stated, “Peter is a world-renowned geologist with an insatiable passion for large-scale economic
mineral discoveries. We look forward to Peter assisting us in another successful collaboration”.
“Tin is an essential metal in the greening of our new world environment. Bolivia is underexplored
and has a sizable tin endowment,” said Dr. Peter Megaw, “In my time working in Bolivia I have
encountered numerous occurrences of tin mineralization. I am excited to work with Tincorp to
assist in their exploration efforts for this critical metal.”
About Tincorp
Tincorp Metals Inc. is a mineral exploration company focusing on tin projects in Bolivia and a gold
project near Whitehorse, Yukon, Canada. The Company has signed agreements to acquire up to
a 100% interest in the Porvenir Project and SF Tin Project, which are 70 km southeast of Oruro,
Bolivia. The Company’s 100% owned Skukum Gold Projec t is approximately 84 km south of
Whitehorse by road. An independent mineral resource estimate update in respect of the Skukum
Gold Project was completed in October 2022.
On Behalf of Tincorp Metals Inc.
signed “Gordon Neal”
Gordon Neal, CEO & Director
Tincorp Metals Inc.
1750 - 1066 West Hastings Street
Vancouver, BC, Canada V6E 3X1
Telephone: (604) 336-5919
www.tincorp.com
Page 2
For further information, please contact:
Investor Relations, Tincorp Metals Inc.
Phone: +1 (604)-336-5919
Email: [email protected]
www.tincorp.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined
in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy
of this news release.
Cautionary Note Regarding Forward-Looking Statements
This news release contains forward -looking statements and forward -looking information (collective,
“forward looking statements”) within the meaning of applicable Canadian and U.S. securities legislation.
All statements, other than statements of historical fact included in this release, including, without limitation,
statements regarding the Company ’s aim is to advance its drilling and prospecting activities at the SF Tin
Project in 2023, the Company's belief that its drill program at the SF Tin Project will be a success and the
Company's expectation that it will see assays from this program by the end of June 2023 are forward -
looking statements. Estimates of mineral reserves and mineral resources are also forward -looking
information because they incorporate estimates of future developments including future mineral prices,
costs and expenses and the amount of miner als that will be encountered if a property is developed.
Forward-looking statements are often, but not always, identified by words or phrases such as “expects”, “is
expected”, “anticipates”, “believes”, “plans”, “projects”, “estimates”, “assumes”, “intends ”, “strategies”,
“targets”, “goals”, “forecasts”, “objectives”, “budgets”, “schedules”, “potential” or variations thereof or stating
that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved,
or the negative of any of these terms and similar expressions. Forward -looking statements are based on
the opinions, assumptions, factors and estimates of management considered reasonable at the date the
statements are made. The opinions, assumptions, factors and estimates which may prove to be incorrect,
include, but are not limited to: whether the Company will be able to advance its drilling and prospecting
activities at the SF Tin Project in 2023; whether the Company's drill program at the SF Tin Project will be a
success; whether the Company will see assays from this program by the end of June 2023; whether the
Company will acquire up to a 100% interest of the Porvenir Project; market fundamentals will result in
sustained precious metals demand and prices; that there are no significant disruptions affecting operations,
including labour disruptions, supply disruptions, power disruptions, security disruptions, damage to or loss
of equipment, whether due to flooding, political changes, title issues, intervention by local landowners,
environmental concerns, pandemics (including COVID -19) or otherwise; that the Company will be able to
obtain and maintain governmental approvals, permits and licenses in connection with its current and
planned operations, development and exploration activities, including at the Skukum Gold Project, SF Tin
Project and Porvenir Project; that the Company will be able to meet its current and future obligations; that
the Company will be able to comply with environmental, health and safety laws; and the assumptions
underlying mineral resource estimates and the realization of such estimates.
Forward-looking statements involve known and unknown risks, uncertainties and other factors which may
cause the actual results, performance or achievements of the Company to differ materially from any future
results, performance or achievements expressed or implied by the forward -looking information. Such risks
and other factors include, among others: the risk that the Company will not advance its drilling and
prospecting activities at the SF Tin Project in 2023; the risk that the Company's drill program at the SF Tin
Page 3
Project will not be a success; the risk that the Company will not see assays from this program by the end
of June 2023; the risk that the Company will not acquire up to a 100% interest of the Porvenir Project; social
and economic impacts of COVID -19; actual exploration results; changes in project parameters as plans
continue to be refined; results of future mineral resource estimates; future metal prices; availability of capital
and financing on acceptable terms; general economic, market or business conditions; uninsured risks;
regulatory changes; defects in title; availability of personnel, materials and equipment on a timely basis;
accidents or equ ipment breakdowns; delays in receiving government approvals; unanticipated
environmental impacts on operations and costs to remedy same; and other exploration or other risks
detailed herein and from time to time in the filings made by the Company with securities regulators. Although
the Company has attempted to identify important factors that could cause actual actions, events or results
to differ from those described in forward -looking statements, there may be other factors that cause such
actions, events or results to differ materially from those anticipated. There can be no assurance that
forward-looking statements will prove to be accurate and accordingly readers are cautioned not to place
undue reliance on forward-looking statements.
Readers are caution ed not to place undue reliance on forward -looking statements. The Company
undertakes no obligation to update any of the forward -looking statements in this news release or
incorporated by reference herein, except as otherwise required by law.
Additional information in relation to the Company, including the Company’s most recent annual information
form, can be obtained under the Company’s profile on SEDAR at www.sedar.com and on the Company’s
website at www.tincorp.com.
CAUTIONARY NOTE TO US INVESTORS
The technical and scientific information contained herein has been prepared in accordance with NI 43-101,
which differs from the standards adopted by the U.S. Securities and Exchange Commission (the “SEC”).
Accordingly, the technical and scientific information contained herein, including any estimates of mineral
reserves and mineral resources, may not be comparable to similar information disclosed by U.S. companies
subject to the disclosure requirements of the SEC.