Tag: silver

Tinka more than doubles inferred mineral resources at Ayawilca: 42.7 million tonnes grading 7.3 % zinc equiv., & 10.5 million tonnes grading 0.70 % tin equiv.

MotherlodeTV
Tinka Resources, V.TK
Zinc Zone Inferred Mineral Resources at Ayawilca as of October 10, 2017 (CNW Group/Tinka Resources Limited)

Tinka Resources Limited (“Tinka” or the “Company“) (TSXV : TK) (OTCPK: TKRFF) is pleased to announce a Mineral Resource update for its 100%-owned Ayawilca zinc- indium-silver-lead sulphide deposit in Peru which includes the addition of ~15,000 metres of drilling completed so far in 2017.  The zinc resource at Ayawilca is now estimated to be 42.7 million tonnes grading 7.3 % zinc equivalent (ZnEq).  In addition, Tinka announces an updated tin-copper-silver resource estimated to be 10.5 million tonnes grading 0.70% tin equivalent (SnEq).  The Tin Zone and Zinc Zone resources do not overlap.  Both of the Mineral Resources were assigned to the Inferred category and reported at an NSR cut-off value of US$55/tonne, as estimated by Roscoe Postle Associates Inc. (RPA Inc.) of Toronto, Canada.  Drilling beyond the Mineral Resource boundaries is continuing.  read more

Beacon Securities rates Telson Resources a “Buy”

JayCurrie
V.TSN, Telson Resources, silver, mexico

Beacon Securities Limited — an independent investment dealer based in Toronto, Canada, generating and distributing research to a global audience, including, investment banks, institutional investors, as well as professional investors and relevant members of the global investment community — published its equity analyst research report dated October 24, 2017, entitled, “Telson Resources Inc. (TSN – TSXV / OTCBB: SOHFF) – Near-term Mexican Producer with Significant Upside” with a BUY rating. read more

Sierra Metals: Value in Brownfield Exploration

JayCurrie
T.SMT, Sierra Metals, Peru, silver, Igor Gonzales

At the recent Beaver Creek Precious Metals Summit Igor Gonzales, CEO of Sierra Metals (T.SMT) had quite a story to tell. On the one hand, Sierra has three producing mines, two in Mexico and one in Peru. At each of these mines, Sierra is upgrading its operations and increasing the throughput. On the other, Sierra is engaged in significant “brownfield” exploration to extend the resources it already has. “Brownfield exploration,” said Gonzales, “is a cost-effective way to grow. At Beaver Creek, there was a very positive reaction to what we’ll be doing next.” read more