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Tinka Receives Authorization to Commence a Drill Program at Silvia Gold-Copper Project
Newsfile·2025-08-18 10:30

Core Viewpoint - Tinka Resources Limited has received authorization from the Peruvian Ministry of Energy and Mines to commence a drill program at its 100%-owned Silvia gold-copper property, marking a significant milestone for the company in its exploration efforts [1][2]. Group 1: Project Details - The Silvia property is located 100 km south of the Antamina copper mine and is considered a highly prospective target in a premier copper mining region [1]. - The property encompasses 10,906 hectares and includes three areas of mineralization (Areas A, B, and C) along a 4 km strike length [5]. - Initial trench sampling at Area A has shown promising results, with grades of up to 22 g/t Au and 12% Cu, and trench results indicating 46 meters at 1.9 g/t Au and 0.8% Cu [1][5]. Group 2: Exploration Plans - A diamond drill program of approximately 1,500 meters is planned for Q4 2025, contingent on securing adequate funding [2]. - The drill permit allows for up to 40 drill platforms covering approximately 4 km², approved by the General Directorate of Mining in August 2023 [8]. - An access agreement with the local community was signed and notarized in November 2024, facilitating the exploration process [8]. Group 3: Company Strategy - The authorization to drill at Silvia allows Tinka to diversify its exploration portfolio while continuing its strategic review of the Ayawilca zinc-tin project [2]. - The company has significantly upgraded the Silvia NW target since acquiring the property from BHP in 2021, which had not been drill tested prior to this [2].