Tinka Resources Ltd. discovered a new zinc prospect at Pucarumi, located several kilometers northwest of its Ayawilca zinc resource and within its existing mining claims in Peru.
The company mapped and partially sampled two subparallel mineralized horizons, separated by approximately 50 meters, to date.
Prospecting discovered outcropping zinc mineralization at Pucarumi over a 1.5-kilometer strike length.
Channel sampling returned grades ranging from 0.2% zinc to 19.0% zinc from 61 samples over an average width of 1.5 meters to 2.0 meters in mineralized Chulec Formation limestone.
Tinka noted that most of the samples also contained disseminated galena, with lead grades ranging from 0.01% lead to 7.9% lead.
Systematic sampling of the mineralized horizons and regional soil sampling is continuing, the company said in its Dec. 21 news release.
Tinka plans to undertake 10,000 meters to 15,000 meters of drilling in early 2017, focusing on immediate extensions of resources through step-out drilling initially in the South Ayawilca area as well as testing new targets at South Ayawilca, Chaucha and Zone 3.