Tinka Announces New Discovery at Zone 3 Drills 10 Metres Grading 7.9 % Zinc+lead
TINKA RESOURCES LIMITED
#1305 – 1090 WEST GEORGIA STREET
VANCOUVER, B.C. V6E 3V7
Tel: (604) 685 9316 Fax (604) 683 1585
Website: www.tinkaresources.com
TSXV & BVL: TK OTCPK: TKRFF
NEWS RELEASE December 6, 2017
TINKA ANNOUNCES NEW DISCOVERY AT ZONE 3
DRILLS 10 METRES GRADING 7.9 % ZINC+LEAD
Vancouver, Canada – Tinka Resources Limited ( “Tinka” or the “ Company”) ( T S X V & B V L : T K)
(OTCPK: TKRFF) is pleased to announce results for six new drill holes at the Company’s 100%-owned
Ayawilca project in central Peru. Three holes are resource ste p-out holes at South Ayawilca, two holes are
resource infill holes, and one hole intersected significant mineralization at the “Zone 3” area for the first time.
Drill hole A17-091A (previously A1 7-091, which was deepened fro m 480 metres to 625 metres depth) en-
countered massive sulphide replacements of the carbonate host rocks from 569 to 594 metres depth. An upper
10 metre interval intersected py rite with significant zinc-lead -silver mineralization, while the lowermost 14
metre interval intersected signi ficant tin-copper-silver minera lization with massive pyrite. In addition, drill
hole A17-100 has extended the known South Ayawilca zinc mineralization by about 200 metres eastward, with
mineralization still open (Figure 1).
Key Highlights
Hole A17-091A (Zone 3 – New Discovery):
10.3 metres at 5.9 % zinc, 2.0 % lead & 66 g/t silver from 570.2 metres (* MS), including
o 4.5 metres at 9.4 % zinc, 1.1 % lead & 45 g/t silver from 576.0 metres depth; and
13.5 metres at 0.83 % tin, 0.39 % copper & 54 g/t silver from 588.50 metres depth (* MS), including
o 7.5 metres at 1.14 % tin, 0.14 % copper & 54 g/t silver from 588.5 metres depth; and
4.0 metres at 1.04 % tin, 0.11 % copper & 5 g/t silver from 608.0 metres (veins in phyllite), including
o 2.0 metres at 1.82 % tin, 0.13 % copper & 6 g/t silver from 610.0 metres depth.
Hole A17-100 (South Ayawilca – 200 metre step-out):
3.0 metres at 9.1 % zinc, 0.2 % lead & 79 g/t silver from 225.5 metres depth.
Hole A17-101 (South Ayawilca – infill):
7.2 metres at 6.5 % zinc, 136 g/t indium and 10 g/t silver from 350.8 metres depth, including
o 2.0 metres at 14.7 % zinc, 324 g/t indium & 15 g/t silver from 356.0 metres depth.
Hole A17-102 (South Ayawilca – infill):
4.0 metres at 7.1 % zinc & 52 g/t silver from 356.5 metres depth.
* MS = Massive sulphides
Dr. Graham Carman, Tinka´s P resident and CEO, stated: “We believe the new intercepts in drill hole A17-
091A are very significant, as they open up the Zone 3 area for potential resource expansion in an area that
has seen little drilling. The same magnetic anomaly that outlines the Ayawilca Zinc and Tin Zones continues
into Zone 3, extending the prospective zone by hundreds of metres to the northeast. A drill rig will continue to
operate in the Zone 3 area following-up on this exciting discovery. Drilling is now expected to continue well
into 2018 without a break, other than for the Christmas period.”
Dr. Carman continued: “These holes are the first to be released following our zinc and tin resource update
(see Press Release Nov 8, 2017 ). Already, new results are indicating that the project is likely to continue to
grow with additional drilling. Drill hole A17-100 intersected 3 metres grading 9.1 % zinc in a 200-metre step-
out hole from the resource at South Ayawilca. A large 750-metre gap remains undrilled between significant
zinc intersections at South Ayawilca and Zone 3. While exploration drilling continues with the goal of ex-
panding the project resources, we are concurrently working on de-risking the project through metallurgical
tests of the two main styles of mineralization as well as beginning preliminary desktop mining studies. We look
forward to providing updates on these programs as they progress.”
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True thicknesses of the zinc and tin intersections are estimate d to be at least 85% of the downhole thickness.
Significant drill intercepts pos t the recent resource estimate are summarized in Table 1 with the strongest
intercepts in bold text. Table 2 summarizes the drill collar information for the recent holes.
Figure 1. Ayawilca 2017 drill hole location map and updated mineral resource boundaries (hatched)
Table 1. Significant new intercepts at Ayawilca in 2017 drill program (post resource update)
Drill hole From m To m
Interval
m
Zn
%
Pb
%
Ag
g/t
Indium
g/t
Tin
%
Copper
% Area Reported
A17-091A 570.20 580.50 10.30 5.9 2.0 66 4 Zone 3 Here
including 576.00 580.50 4.50 9.4 1.1 45 6
and 588.50 602.00 13.50 54 0.83 0.39
including 588.50 596.00 7.50 54 1.14 0.14
and 608.00 612.00 4.00 5 1 . 0 4 0.11
including 610.00 612.00 2.00 6 1 . 8 2 0.13
A17-097 166.00 167.00 1.00 11.4 2.8 317 0 South Here
A17-099 169.20 170.00 0.80 12.2 1.6 219 0 South Here
A17-100 225.50 228.50 3.00 9.1 0.2 79 2 South Here
and 325.30 326.20 0.90 6.3 1.8 232 27
and 415.80 418.00 2.20 2.5 4.5 44 1
A17-101 350.80 358.00 7.20 6.5 0.1 10 136 South Here
including 356.00 358.00 2.00 14.7 0.1 15 324
A17-102 356.50 360.50 4.00 7.1 0.0 52 52 South Here
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Notes on sampling and assaying
Drill holes are diamond HQ or NQ size core holes with recoverie s generally above 80% and often close to 100%. The
drill core is marked up, logged, and photographed on site. The cores are cut in half at the Company’s core storage facility,
with half-cores stored as a future reference. Half-core is bag ged on average over 1 to 2 metre composite intervals and
sent to SGS laboratories in Lima for assay in batches. Standards and blanks are inserted into each batch prior to departure
from Tinka’s core storage facilities. At the laboratory samples are dried, crushed to 100% passing 2mm, then 500 grams
pulverized for multi-element analysis by ICP using multi-acid digestion. Samples assaying over 1% zinc, lead, or copper
and over 100 g/t silver are re-assayed using precise ore-grade AAS techniques.
Samples which assay approximately 200 ppm tin or greater in the ICP analysis are re-assayed for tin by fusion with
sodium peroxide and AAS finish (SGS Lima laboratory method SGS-AAS90B).
Table 2. Summary of Drill Collar Information (coordinates are in UTM Zone 18S WGS84 datum)
Drill Hole Easting North ing Total depth (m) Elevation (m) Azimu th Dip
A17-091A 334043 8846140 625.1 4140 35 -70
A17-097 333331 8845046 370.0 4209 130 -85
A17-099 333435 8845122 400.7 4200 130 -85
A17-100 333811 8845256 461.0 4166 130 -85
A17-101 333346 8845194 371.2 4210 260 -75
A17-102 333385 8845285 438.9 4205 0 -90
On behalf of the Board,
“Graham Carman”
Dr. Graham Carman, President & CEO
Investor Information:
www.tinkaresources.com
Rob Bruggeman 1.416.884.3556
Company Contact:
Mariana Bermudez, 1.604.699.0202
Qualified Person – Mineral Resources: The Mineral Resources disclosed in this press release have bee n
e s t i m a t e d b y M r . D a v i d R o s s , P . G e o . , a n e m p l o y e e o f R P A a n d i n dependent of Tinka. By virtue of his
education and relevant experience, Mr. Ross is a "Qualified Per son" for the purpose of National Instrument
43-101. The Mineral Resources have been classified in accordance with CIM Definition Standards for Mineral
Resources and Mineral Reserves (May, 2014). An independent National Instrument 43-101 Technical Report
(the “NI 43-101 Technical Report”) on the Mineral Resource Estimate for the Ayawilca Property, Department
o f P a s c o , P e r u i s e x p e c t e d t o b e f i l e d s h o r t l y a t www.sedar.com and on the Company’s website at
www.tinkaresources.com
The qualified person, Dr. Graham Carman, Tinka’s President and C E O , a n d a F e l l o w o f t h e A u s t r a l a s i a n
Institute of Mining and Metallurgy, has reviewed and verified the technical contents of this release.
About Tinka Resources Limited
Tinka is an exploration and development company with its flagship property being the 100%-owned Ayawilca carbonate
replacement deposit (CRD) in the zinc-lead-silver belt of centr al Peru, 200 kilometres northeast of Lima. The Ayawilca
Zinc Zone Inferred Mineral Resource estimate now consists of 42 .7 Mt at 6.0 % zinc, 0.2 % lead, 17 g/t silver & 79 g/t
indium, and a Tin Zone Inferred Mineral Resource of 10.5 Mt at 0.63 % tin, 0.23 % copper & 12 g/t silver (Nov. 8, 2017,
release). Drilling for resource extensions and the testing of new targets is ongoing.
Forward Looking Statements: Certain information in this news release contains forward-look ing statements and forward-looking
information within the meaning of Certain information in this news release contains forward-looking statements and forward-looking
information within the meaning of applicable securities laws (collectively "forward-looking statements"). All statements, other than
statements of historical fact are forward-looking statements. F orward-looking statements are based on the beliefs and expectat ions of
Tinka as well as assumptions made by and information currently available to Tinka's management. Such statements reflect the current
risks, uncertainties and assumptions related to certain factors including, without limitations, d rilling results, the Company’ s
expectations regarding mineral resource calculations, capital a nd other costs varying significantly from estimates, production rates
varying from estimates, changes in world metal markets, changes in equity markets, uncertainties relating to the availability and costs
of financing needed in the future, equipment failure, unexpecte d geological conditions, imprecisi on in resource estimates or m etal
recoveries, success of future development initiatives, competit ion, operating performance, environmental and safety risks, del ays in
obtaining or failure to obtain n ecessary permits and approvals from local authorities, community agreements and relations, and other
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development and operating risks. Should any one or more of thes e risks or uncertainties materialize, or should any underlying
assumptions prove incorrect, actual results may vary materially from those described herein. Although Tinka believes that assumptions
inherent in the forward-looking statements are reasonable, forw ard-looking statements are not guarantees of future performance and
accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein. Except as may be required by
applicable securities laws, Tinka disclaims any intent or obligation to update any forward-looking statement.
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