Couloir Capital Is Pleased to Announce It Has Initiated Research Coverage on Tinka Resources

Rhea-AI Summary

Couloir Capital initiates research coverage on Tinka Resources, highlighting the significant potential of their flagship property Ayawilca as one of the largest undeveloped zinc assets in the world. The updated PEA showcases strong project economics with an after-tax NPV@8% of US$434 million and after-tax IRR of 25.9%.

Positive

• Tinka Resources' flagship property Ayawilca is positioned as one of the largest zinc deposits held by a junior mining company.
• The 2024 updated PEA emphasizes Ayawilca's potential to become a top-10 global zinc producer.
• The proposed mine operation includes processing 2 million tonnes of silver, zinc, and lead per year, with an additional tin component for 15 years at a rate of 0.3 million tonnes per year.
• The updated PEA demonstrates robust project economics, with an after-tax NPV@8% of US$434 million and after-tax IRR of 25.9%.

Negative

• None.

Vancouver, British Columbia--(Newsfile Corp. - April 19, 2024) - Couloir Capital is pleased to announce it has initiated research coverage on Tinka Resources Limited (TSXV: TK) (OTCQB: TKRFF) (BVL: TK) ("TK" or "Company"). The new report is titled "Advancing One of the Largest Undeveloped Zinc Assets in the World."

Report excerpt: "Tinka's flagship property and current focus is one of the largest zinc deposits held by a junior mining company. The 2024 updated PEA further strengthens Ayawilca's potential to become a top-10 global zinc producer. The mine proposal outlines a 21-year operation processing 2 million tonnes of silver, zinc, and lead per year, with an additional tin component for 15 years at a rate of 0.3 million tonnes per year. The updated PEA highlights robust project economics with an after-tax NPV@8% of US$434 million and after-tax IRR of 25.9%."

The report can be accessed through Couloir Capital's portal: https://www.couloircapital.com/research-portal

About Couloir Capital Ltd.

Couloir Capital Ltd. is an investment research firm comprised of a team of veteran investment professionals dedicated to providing opportunities in the natural resource exploration and development sectors. Couloir Capital Ltd. is affiliated with a registered securities dealer, Couloir Securities Ltd.

For further information, please contact:

Rob Stitt, Managing Director, Couloir Capital Ltd.

Email: rstitt@couloircapital.com

www.couloircapital.com

Analyst Disclosure:

1. The analyst and/or Couloir Capital do not hold shares or options in the Company.

2. Couloir Capital has been retained under a service agreement by the Company. This service agreement includes analyst research coverage.

3. Investors are encouraged to read the complete list of disclosures contained in the report.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/206154

FAQ

What is the title of Couloir Capital's new research report on Tinka Resources?

The title of Couloir Capital's new research report on Tinka Resources is 'Advancing One of the Largest Undeveloped Zinc Assets in the World.'

What is the ticker symbol for Tinka Resources on the OTCQB market?

The ticker symbol for Tinka Resources on the OTCQB market is 'TKRFF.'

What is the after-tax NPV@8% mentioned in the report for Tinka Resources?

The after-tax NPV@8% mentioned in the report for Tinka Resources is US$434 million.

What is the after-tax IRR highlighted in Couloir Capital's report for Tinka Resources?

The after-tax IRR highlighted in Couloir Capital's report for Tinka Resources is 25.9%.

Where can the full report on Tinka Resources by Couloir Capital be accessed?

The full report on Tinka Resources by Couloir Capital can be accessed through Couloir Capital's portal at https://www.couloircapital.com/research-portal.