Tillkännagivande • Oct 18

Tinka Resources Limited Provides Update on Activities At the Company's 100%-Owned Ayawilca and Silvia Projects in Peru

Tinka Resources Limited present an update on activities at the Company's 100%-owned Ayawilca and Silvia projects in Peru, and outline its exploration priorities as it enters the 2024/25 exploration season. The focus for the Company continues to be to advance the Ayawilca zinc-silver-tin project towards development. The 2024 Preliminary Economic Assessment demonstrated that Ayawilca is a robust project with strong economic fundamentals and excellent exploration upside. During the second half of 2024, the Company carried out a detailed geological review of the mineralization at Ayawilca, taking into account key findings from the Company's successful 2022-2023 drill program which led to an updated PEA being released in February 2024. This work has led to a significant change in the geological model for the deposit, resulting in an improved level of confidence in the geometry of some of the key areas of the resource and an understanding of the controls to mineralization. The review highlighted a number of exploration targets with significant potential to increase both in size and in the quality of the resource. Key exploration targets for the 2024/25 exploration season include: East Ayawilca: the Company will be targeting high-grade zinc mineralization up-dip and along strike of previous wide-spaced drill hole intercepts. West Ayawilca: the Company will be seeking to extend the West Ayawilca zinc zone (14.5 Mt @ 5.1% Zn, 14 g/t Ag & 0.2% Pb in Indicated Mineral Resources) to the north. Expanding the Silver and Tin zones, which have been largely untested, especially to depth. In addition, the Company expects to receive final approvals to launch a maiden drill program at its Silvia Copper-Gold exploration property in the first half of 2025. Key highlights of the Ayawilca Project Ayawilca represents one of the largest undeveloped primary zinc resources in the Americas with over 6,500 million pounds zinc in mineral resources, along with significant silver and tin credits. Outstanding drill results during the 2022-2023 drill program included:8.9 metres @ 20% zinc incl. 10.4 metres @ 42.0% zinc in hole A22-202, and 145 metres @ 10.9% zinc incl. 29.3 metres @ 20.2% zinc in hole A23-212 at the South areao 44.9 metres @ 12.0% zinc incl. 16.1 metres @ 22.2% zinc in hole A22-200, and 97.9 metres @ 8.8% zinc incl. 35.8 metres @ 19.0% zinc in A23-216 at the West area. The project benefits from excellent local infrastructure: it is located in a major mining belt with multiple options for road access to the coast, access to a local smelter and/or port facility, and an electrical power grid connection available only 4km from site. The 2024 PEA showed robust economics with a 21-year mine life, NPV8% of US$434 million post-tax, a 25.9% IRR post-tax and 2.9 year payback period. Tinka is backed by two local mining specialists: Buenaventura, one of Peru's largest mining companies, and Nexa Resources, a Brazilian zinc mining company with two mines and a zinc refinery in Peru, acquired strategic stakes. Major reinterpretation of geological controls at Ayawilca; The 2022-23 infill drill program at Ayawilca, which used low-angle west-dipping holes, was a huge success with some exceptional zinc drill hole intersections. The program was focused at West and South Ayawilca, which currently represent the most important parts of the Ayawilca zinc zone in both tonnage and grade, and reflect 68% of the current total combined zinc in resources. The geological wireframes changed at West from stacked horizontal lenses (pre-2022) to vertical chimneys or `pipes' due to the infill drilling. Although the updated resource did not grow significantly in terms of overall tonnage, the change in deposit geometry resulted in much improved continuity of the resources together with higher confidence in the geological model. The vertical continuity of the mineralization also reduced dilution in the 2024 PEA mine plan (compared with the previous PEA study), and reduced mining costs due to larger-scale mining method assumptions. New geological interpretation for East Ayawilca; As a result of the modified geological model, Tinka's geological team has carried out a reinterpretation of the geology of the whole Ayawilca deposit (including relogging of key drill holes and revision of geophysical data). In particular, the company’s geologists have developed a new interpretation for the eastern end of the Ayawilca deposit (i.e., East Ayawilca target), where it is now believed that a post-mineral northwest-trending strike-slip fault has offset East Ayawilca some 400 metres to the northwest. Once movement along this fault is reconstructed, the company interpret that the South - Central - East areas may once have been contiguous along the "060 Fault". The current inferred mineral resource at East Ayawilca is based on a limited number of widely-spaced holes drilled during 2014 and 2015. The East Ayawilca mineral resource wireframes are modelled in a similar fashion to the flat-dipping lense model used previously at West Ayawilca (now outdated). With the new modified geological model (i.e., change to subvertical `pipes') the company believe there is significant potential for high-grade zinc mineralization up-dip and along strike of previous wide-spaced drill hole intercepts. Drill hole intersections at East Ayawilca include 21 metres @ 6.1% Zn, 0.2% Pb and 13 g/t Ag, and 37 metres @ 6.1% Zn, 0.4% Pb, 10 g/t Ag (hole A14-18). Other exploration targets at Ayawilca. The West Ayawilca zinc zone (14.5 Mt @ 5.1% Zn, 14 g/t Ag & 0.2% Pb in Indicated Resources) is now interpreted to remain open to the north, as a result of a new structural interpretation which has potentially offset a northern extension of the West area by post-mineral faulting - see Figure 2. This area north of the West Ayawilca resource has not been drill tested. The Silver zone (1.0 Mt @ 111 g/t Ag, 1.5% Zn & 0.5% Pb in Inferred Resources) is a steep-dipping, silver-bearing epithermal vein system which lies on the edge of the South zinc-rich sulphide mineralization. The Silver zone remains open in almost all directions, including up-dip of previous high-grade holes (including 12 m at 781 g/t Ag & 5.2% Zn+Pb) as well as down-dip. The Silver zone has not been drilled at depths shallower than 200 metres. The Tin zone also has significant exploration potential and remains open at depth along the `060 Fault' (the probable feeder structure'). A previous drill hole ended in stockwork tin mineralization (16 m @ 1.0% tin and 0.7% copper to end of hole at 328 m in A13-011) and is coincident with a magnetic low that is untested by drilling. Mineral Resources at Ayawilca.

Tillkännagivande • Oct 12

Tinka Resources Limited Announces Results for Five Holes in the Company's Ongoing 2022 Drill Program At the Ayawilca Project in Central Peru

Tinka Resources Limited announce results for five holes in the Company's ongoing 2022 drill program at the Ayawilca project in Central Peru. Results reported are for three resource extension holes at South Ayawilca, and two exploration holes at Central Ayawilca . Results are pending for two holes and the eighth drill hole in the program, A22197, is in progress. Approximately 10 to 12 more drill holes are planned in the zinc resource definition program. Drill hole A22195 returned very highgrade zinc results within a repeated section of favourable limestone, approximately 10 metres below the main contact with the basement phyllite. This highgrade zinc discovery is expected to extend the Zinc Zone indicated resource at South Ayawilca by around 60 metres to the northeast, with mineralization remaining open in that direction. Previous holes in the vicinity may have been stopped prematurely and did not test the lateral continuity of the repeated limestone in the basement. In another positive development for the program, strong tincopper mineralization was also intersected underneath zinc mineralization in hole A22190 at Central Ayawilca, confirming the tenor of a previous drill hole intersection . The tincopper mineralization occurs as cassiterite and chalcopyrite in massive iron sulphide replacement bodies hosted in limestone, and as veinstyle stockwork mineralization in underlying phyllite. Tin Zone mineralization at Central Ayawilca is interpreted to plunge northwards at a shallow angle and is open at depth. Key highlights: South Ayawilca Zinc Zone resource extensions A22195: 6.0 metres at 18.8% zinc from 392.6 metres depth including 3 metres at 27.7% zinc from 395.9 m. A22194: 26.8 metres at 4.2% zinc from 293.0 metres depth including 1.0 metre at 31.6% zinc from 310.1 m. A22192: 16.7 metres at 3.2% zinc, 0.4% lead and 18 g/t silver from 312.3 metres depth. Central Ayawilca zinc exploration A22191: 36.8 metres at 3.6% zinc from 264.0 metres depth including 6.3 metres at 6.0% zinc from 264.0 m. A22190: 17.9 metres at 3.1% zinc, 0.2% lead and 10g/t silver from 330.4 metres depth. Tin Zone exploration: A22190: 32.0 metres at 0.36% tin, 0.33% copper and 13 g/t silver from 398 metres depth, including 9.4 metres at 0.52% tin, 0.28% copper and 11 g/t silver from 412.7 m. The mineralization in the above holes is associated with sulphide bodies interpreted to be gentlydipping. True thicknesses of the mineralized intercepts are estimated to be at least 80% of the downhole thicknesses. The main objectives of the 2022 drill program at Ayawilca are to target additional highgrade zinc mineralization and to expand the measured and indicated zinc mineral resources. Indicated resources are currently estimated at 19.0 Mt grading 7.2% Zn, 17 g/t Ag & 0.2% Pb and inferred resources are 47.9 Mt @ 5.4% Zn, 20 g/t Ag & 0.4% Pb. Three holes were drilled to test the potential expansion of zinc mineralization at South Ayawilca to the east and northeast. Hole A22192 is believed to have intersected the southern edge of the highgrade zinc mineralization at South, while A22194 and A22195 both intersected zones of highgrade zinc. Hole A22195 intersected 6 metres grading 18.8% zinc within a repeated limestone, the favoured lithology for sulphide replacement, approximately 10 metres below the main contact with the basement phyllite. The upper contact with the repeated limestone is interpreted as a low angle thrust, and the possibility exists for more extensive limestone beneath the main phyllite contact. Previous drill holes nearby may have been stopped too soon, without testing the lateral continuity of the repeated limestone in drill hole A22195 . Holes A22190 and A22191 were drilled at Central Ayawilca to test for the lateral extensions of a previous zinc intercept and to confirm the extent of the tin mineralization at depth. Both holes intersected moderate grade zinc mineralization, while the strong tin grades in hole A22190 confirmed good continuity with previous drill holes. Drill holes are diamond HQ size core holes with recoveries 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 halfcores stored as a future reference. Halfcore was bagged on average over 1 to 2 metre composite intervals and sent to ALS and SGS laboratories in Lima for assay in batches. Standards and blanks were inserted by Tinka into each batch prior to departure from the core storage facilities. At the laboratory samples are dried, crushed to 100% passing 2mm, then 500 grams pulverized for multielement analysis by ICPMS using multiacid digestion. Samples assaying over 1% zinc, lead, or copper and over 100 g/t silver were reassayed using precise oregrade AAS techniques. Samples within massive sulphide zones were also assayed for tin using XRF techniques.

Räntetäckningsgrad	n/a
Kontanter	CA$11.21m
Eget kapital	CA$88.54m
Summa skulder	CA$598.97k
Totala tillgångar	CA$89.14m

Uppgifter	Senast uppdaterad (UTC-tid)
Analys av företag	2026/08/06 06:11
Aktiekurs vid dagens slut	2026/08/06 00:00
Intäkter	2026/03/31
Årlig intjäning	2025/09/30

Paket	Uppgifter	Tidsram	Exempel US-källa
Företagets finansiella ställning	10 år	Resultaträkning Kassaflödesanalys Balansräkning	SEC Form 10-K SEC Form 10-Q
Analytikernas konsensusuppskattningar	+3 år	Prognos för finansiella poster Analytikernas prismål	Rapporter från analytiker Blue Matrix
Marknadspriser	30 år	Aktiekurser Utdelningar, splittar och åtgärder	ICE Marknadsdata SEC Form S-1
Ägarskap	10 år	Största aktieägare Insiderhandel	SEC Formulär 4 SEC Formulär 13D
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Viktiga utvecklingstendenser	10 år	Företagsmeddelanden	SEC Formulär 8-K

Analytiker	Institution
Michael Bandrowski	Beacon Securities Limited
Kevin Mackenzie	Canaccord Genuity
Ian Parkinson	Stifel Canada

Tinka Resources Balansräkning Hälsa

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We're Hopeful That Tinka Resources (CVE:TK) Will Use Its Cash Wisely

Is Tinka Resources (CVE:TK) In A Good Position To Invest In Growth?

Is Tinka Resources (CVE:TK) In A Good Position To Deliver On Growth Plans?

Here's Why We're Watching Tinka Resources' (CVE:TK) Cash Burn Situation

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Recent updates

Tinka Resources Limited Provides Results of Silvia Nw Geophysical Survey and Outlines Copper Targets

Tinka Resources Limited Announces Board Changes

We're Hopeful That Tinka Resources (CVE:TK) Will Use Its Cash Wisely

New minor risk - Share price stability

Tinka Resources Limited, Annual General Meeting, Jun 10, 2026

Tinka Resources Limited Provides Update on Silvia Gold-Copper Project with Completion of Initial 1,400 Metre Drill Program

Tinka Resources Limited Provides Exploration Update on Huwaymidan Gold Project in Saudi Arabia Including Completion of 3,400-Metre RC Drill Program

New major risk - Shareholder dilution

Tinka Resources Limited announced that it has received CAD 14.2775 million in funding from Nexa Resources S.A., Compañía de Minas Buenaventura S.A.A.

New major risk - Share price stability

Tinka Resources Limited Appoints Brandon Macdonald and Michael Horner to the Board of Directors, Effective September 8, 2025

Insufficient new directors

Tinka Resources Limited Provides Update on Exploration Program at Silvia Gold - Copper Project

New major risk - Market cap size

New minor risk - Share price stability

Tinka Resources Limited Announces Resignation of Pieter Britz from the Board of Directors

New major risk - Financial position

Tinka Resources Limited, Annual General Meeting, Mar 26, 2025

Tinka Resources Limited announced that it expects to receive CAD 5 million in funding from Compañía de Minas Buenaventura S.A.A., Nexa Resources S.A.

Tinka Resources Limited Provides Update on Activities At the Company's 100%-Owned Ayawilca and Silvia Projects in Peru

Is Tinka Resources (CVE:TK) In A Good Position To Invest In Growth?

Tinka Resources Limited Announces Filing of Technical Report on Updated Preliminary Economic Assessment of Ayawilca Polymetallic (Zinc - Tin - Silver - Lead) Project

Is Tinka Resources (CVE:TK) In A Good Position To Deliver On Growth Plans?

Tinka Resources Limited, Annual General Meeting, Mar 14, 2024

Here's Why We're Watching Tinka Resources' (CVE:TK) Cash Burn Situation

Tinka Resources Limited Provides Ayawilca Project Update

We're Keeping An Eye On Tinka Resources' (CVE:TK) Cash Burn Rate

New major risk - Financial position

Tinka Resources Limited Reports Final Drill Hole Results from 11,000 Metre Drill Program and Provides Exploration Update

Tinka Resources Limited Drills 98 Metres at 8.8% Zinc Including 36 Metres at 19.0% Zinc at Ayawilca and Provides Exploration Update

Is Tinka Resources (CVE:TK) In A Good Position To Invest In Growth?

Tinka Drills 45 Metres At 11.5% Zinc and 6.5 Metres At 27% Zinc At West Ayawilca

Tinka Resources Limited, Annual General Meeting, Mar 28, 2023

Companies Like Tinka Resources (CVE:TK) Are In A Position To Invest In Growth

Tinka Resources Limited Announces Results for Four Drill Holes from the Company's Ongoing Infill and Resource Expansion Drill Program At the Ayawilca Zinc Project in Central Peru

Tinka Resources Limited Announces Results from Four Recent Drill Holes from the Company's Ongoing Infill and Resource Expansion Drill Program At the Ayawilca Zinc Project in Peru

Tinka Resources Limited Announces Results for Five Holes in the Company's Ongoing 2022 Drill Program At the Ayawilca Project in Central Peru

We're Hopeful That Tinka Resources (CVE:TK) Will Use Its Cash Wisely

Tinka Resources Limited Commences Ayawilca Resource Expansion Drill Program

Tinka Resources Limited announced that it has received CAD 8.974359 million in funding from Nexa Resources S.A., Compañía de Minas Buenaventura S.A.A.

Tinka Resources Limited announced that it expects to receive CAD 8.974359 million in funding from Nexa Resources S.A., Compañía de Minas Buenaventura S.A.A.

Tinka Resources Limited, Annual General Meeting, Apr 28, 2022

We Think Tinka Resources (CVE:TK) Needs To Drive Business Growth Carefully

We Think Tinka Resources (CVE:TK) Needs To Drive Business Growth Carefully

Tinka Resources Limited Increases Indicated Zinc Resources At Ayawilca by 68%

Is Tinka Resources (CVE:TK) In A Good Position To Invest In Growth?

Nexa Resources S.A. (NYSE:NEXA) acquired 8.8% stake in Tinka Resources Limited (TSXV:TK) for CAD 7.8 million.

Tinka Resources Limited Announces New Assay Results for Six Diamond Drill Holes from Its 2020-2021 Resource Expansion and Infill Drill Program At the Ayawilca Project in Peru

We Think Tinka Resources (CVE:TK) Can Afford To Drive Business Growth

New 90-day high: CA$0.28

Tinka Resources Limited Drills 8 Metres Grading 31% Zinc & 225 Grams Per Tonne Silver at Ayawilca

New 90-day high: CA$0.26

Tinka Drills 39 Metres Grading 9.3% Zinc At Ayawilca

Tinka Resources Limited, Annual General Meeting, Mar 11, 2021

New 90-day high: CA$0.22

Tinka Resources Limited Provides Update on the Drill Program at Ayawilca, Mobilizes a Third Drill Rig

We Think Tinka Resources (CVE:TK) Can Afford To Drive Business Growth

Tinka Resources Limited Commences A 7,000 Metre Drill Program At the Company's 100% Owned Ayawilca Zinc-Silver Project in Central Peru

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