Tinka Resrcs Ltd - TKRFF STOCK NEWS

Tinka Resources Limited (TSXV:TK, OTCQB:TKRFF) announced an updated Mineral Resource estimate for its Ayawilca project in Peru. The Indicated Zinc Zone now boasts 19 million tonnes with a grade of 7.2% zinc, containing 3 billion pounds of zinc, a 68% increase from the previous estimate. The Inferred Zinc Zone holds 47.9 million tonnes at 5.4% zinc, with 5.7 billion pounds of zinc. The Tin Zone's Inferred resources increased to 8.4 million tonnes at 1.0% tin. The company has $13 million in cash and no debt, indicating strong financial positioning for future developments.

Tinka Resources Limited (OTCQB:TKRFF) has signed a definitive agreement with BHP to acquire the Silvia Project, consisting of 29,500 hectares of mining concessions located in central Peru. This acquisition enhances Tinka's landholdings to over 46,000 hectares adjacent to its Ayawilca project. The Silvia Project is considered highly prospective for copper, gold, and zinc deposits. Tinka plans to conduct exploration at the Silvia Project while progressing on the Ayawilca project.

Tinka Resources Limited has upgraded its listing from the OTC Pink Open Market to the OTCQB Venture Market as of March 29, 2021. The company's shares will continue to trade under the ticker symbol TKRFF. This move is expected to enhance accessibility and liquidity for U.S. investors, providing easier trading and real-time quotes. Tinka's flagship project is the Ayawilca zinc-silver project in Peru, which has significant indicated and inferred resources. The shift to OTCQB aligns with Tinka's commitment to transparency and is anticipated to attract more investors.

Tinka Resources Limited (OTCPK:TKRFF) has announced that Nexa Resources S.A., a leading zinc producer, acquired 29,895,754 common shares of Tinka in a private transaction for C$0.26 each, representing a 13% premium over the previous closing price. Nexa now holds approximately 8.8% of Tinka's shares. Both companies view this acquisition as a strong endorsement of Tinka's Ayawilca zinc-silver project, which has significant development potential. This strategic partnership is expected to enhance value for stakeholders.

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.