Welcome to our dedicated page for Tinka Resrcs news (Ticker: TKRFF), a resource for investors and traders seeking the latest updates and insights on Tinka Resrcs stock.
Tinka Resources Limited reports developments for a mineral exploration and development company focused on base and precious metals projects. Its recurring updates center on the Ayawilca zinc-silver-tin project in Peru, including mineral resource and technical-report matters, the Colquipucro silver deposit, and a separate tin resource.
Company news also covers exploration at the Silvia gold-copper property in Peru, including drilling, assays, permitting and skarn-style mineralization, as well as Tinka's minority carried interest and technical role at the Huwaymidan gold project in Saudi Arabia. Other recurring announcements include OTC market status, market-making arrangements, governance communications and statements on market activity.
Tinka Resources Limited (OTC PINK:TKRFF) held its Annual General Meeting (AGM) on March 11, 2021, where 162,821,951 shares, representing 47.78% of total outstanding shares, were voted. All proposed motions passed, including fixing the Board size to six members, ratifying a 10% rolling stock option plan, and appointing D&H Group LLP as auditors. Directors re-elected include Ben McKeown and Graham Carman. Mr. McKeown was re-appointed as Non-Executive Chairman. The company emphasizes its focus on the Ayawilca zinc-silver project in Peru, with significant resource estimates disclosed in earlier reports.
Tinka Resources Limited announced its Annual General Meeting (AGM) will take place on March 11, 2021, at 10:00 am PT in Vancouver, BC. The record date for shareholders is February 4, 2021. Proxy materials have been distributed and are available on Tinka's website. Shareholders are encouraged to vote in advance due to COVID-19 health concerns. Tinka's flagship property, the Ayawilca zinc-silver project, has significant resources, including an Indicated resource of 11.7 Mt grading 6.9% zinc. The press release also includes forward-looking statements with associated risks.
Tinka Resources Limited (OTC PINK: TKRFF) has updated its drill program at the Ayawilca zinc-silver project in Peru, reporting 2,000 meters drilled, approximately 30% completion, and the mobilization of a third rig. The drill program will extend until February 2021, with initial assay results expected by the end of November. Zinc prices have reached 18-month highs, while silver prices have increased over 40% in the past year. A Preliminary Economic Assessment (PEA) from July 2019 showed an after-tax NPV of US$363 million, indicating potential for further project value optimization.
Tinka Resources Limited (OTC PINK: TKRFF) has initiated a 7,000 metre drill program at its Ayawilca zinc-silver project in Peru. The 20-hole program aims to convert inferred resources to indicated resources and explore down-dip mineralization extensions. Two drill rigs are currently operating, with a third expected soon. The Ayawilca zone holds an estimated 1.8 billion pounds of zinc and 5.8 million ounces of silver in the indicated category. Tinka plans to share drill results as they become available, while prioritizing health protocols amid the COVID-19 pandemic.
Tinka Resources Limited (OTC PINK:TKRFF) announced a new approximately 7,000 metre drill program at its Ayawilca zinc-silver project in Peru, set to begin by the end of September 2020. The program will include about 20 diamond drill holes targeting high-grade zinc and silver mineralization identified in earlier drilling. Key targets include West Ayawilca and the Colqui Silver Zone. The company is implementing strict COVID-19 health protocols to ensure safety during operations. The completion of the drill program is anticipated by early 2021, although delays may occur due to the pandemic.