Tinka Sources has begun its inaugural drilling programme at its wholly owned Silvia gold-copper challenge in central Peru.
Acquired from BHP in 2021, the exploration initiative goals to find high-grade gold and copper deposits inside the skarn and porphyry-hosted mineralisation.
The preliminary part will embody the drilling of 4 diamond holes, every extending to depths of as much as 400m.
The first goal is Space A, the place outcrops of high-grade gold-copper skarn mineralisation have been recognized.
Tinka Sources president and CEO Graham Carman mentioned: “I’m thrilled to announce {that a} drill rig is now turning for the very first time to check the high-grade gold and copper discovery at our 100%-owned Silvia gold-copper challenge in central Peru.
“The drill rig might be working 24-7 till late December. Our staff, with the help of native stakeholders, have carried out a improbable job to organize the positioning for the drill programme on time and on finances.
“Silvia is a extremely compelling, untested goal in a world-class gold, copper and base metallic belt, the notable instance being the enormous Antamina copper-zinc skarn deposit some 100km alongside pattern to the north. It is usually noteworthy there are two different areas of excessive prospectivity for gold and copper at Silvia outdoors of Space A. Areas B and C might be assessed at a later stage within the exploration programme.”
Current third-party sampling has confirmed the existence of high-grade gold and copper, with probably the most notable pattern yielding 28.5 grams per tonne (g/t) gold and 1.2% copper over a 0.6m stretch.
The geological setting of the Silvia challenge is characterised by gold and copper mineralisation and is believed to be influenced by a ‘dilational pull-apart’ situation between two regional north-north-east-trending faults.
Carman added: “The gold and copper mineralisation at Silvia is related to shares and dikes of monzonite porphyry, which have intruded a thick limestone unit (Jumasha Formation). Gold – copper mineralisation happens each inside the intrusions and the limestone, forming ‘skarn’ with further quartz stockwork veining.
“The skarn at Space A happens in sporadic outcrops within the core of a high-altitude valley, with colluvial cowl materials or ‘scree’ in between. The presence of altered limestones within the periphery signifies a doubtlessly giant system. This preliminary drill programme might be a wonderful first check of the grade and extent of the mineralisation.”
Tinka Sources expects to report the preliminary outcomes from this drilling programme by the top of 2025, with further findings anticipated to comply with in early 2026.
