27 min
Tinka Resources (TSXV:TK) - Advancing World-Class Zinc Ayawilca Project in Peru, Upcoming PFS Company Interviews
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- Investing
Interview with Graham Donald Carman, President & CEO of Tinka Resources Ltd.
Our previous interview: https://www.cruxinvestor.com/posts/tinka-resources-tk-large-scale-zinc-financed-for-feasibility-study-2714
Recording date: 30th April 2024
Tinka Resources (TSXV:TK) presents a compelling opportunity for investors to gain exposure to one of the world's largest undeveloped zinc projects as the metal approaches a forecast supply deficit. The company's flagship Ayawilca zinc-tin-silver project located in central Peru boasts impressive economics and significant exploration upside.
A 2024 preliminary economic assessment (PEA) showcased the project's potential, including a 21-year mine life producing an average of 90,000 tonnes zinc, 1,500 tonnes tin , 560,000 ounces silver and over 2,500 tonnes lead.
The study outlined an after-tax NPV(8%) of US$434 million and IRR of 26% using conservative metal price assumptions, with highly competitive cash costs of US$0.40/lb zinc net of by-products. The initial capex of US$382 million is expected to be paid back within 2.9 years.
CEO Dr. Graham Carman emphasized the substantial potential to expand the resource and extend the mine life. The company plans to advance Ayawilca to a pre-feasibility study (PFS) over the next 12 months, focusing on infill drilling to expand Indicated zinc and tin resources, further metallurgical optimization, and initiating the permitting process.
Tinka benefits from a strong leadership team with extensive experience in South American mineral discoveries and the backing of major zinc miners Buenaventura and Nexa Resources as strategic shareholders. The project boasts excellent infrastructure, including access roads, power lines, and water supply, and the company has fostered strong relationships with local communities.
The Ayawilca project is well-positioned to capitalize on the impending zinc supply deficit, as demand gradually increases and existing mines face depletion. With limited new zinc projects in the pipeline, Ayawilca represents a scarce and strategically valuable asset. As Tinka continues to de-risk and advance the project, it has the potential to attract significant interest from mid-tier and major zinc producers seeking to secure future supply.
Investors can anticipate a range of catalysts in the coming months, including exploration results, metallurgical optimizations, and the delivery of a PFS. As the zinc market moves into undersupply, Tinka Resources offers a unique opportunity to invest in a high-quality, advanced-stage zinc asset with a clear path to value creation._
View Tinka Resources' company profile: https://www.cruxinvestor.com/companies/tinka-resources-limited
Sign up for Crux Investor: https://cruxinvestor.com
Interview with Graham Donald Carman, President & CEO of Tinka Resources Ltd.
Our previous interview: https://www.cruxinvestor.com/posts/tinka-resources-tk-large-scale-zinc-financed-for-feasibility-study-2714
Recording date: 30th April 2024
Tinka Resources (TSXV:TK) presents a compelling opportunity for investors to gain exposure to one of the world's largest undeveloped zinc projects as the metal approaches a forecast supply deficit. The company's flagship Ayawilca zinc-tin-silver project located in central Peru boasts impressive economics and significant exploration upside.
A 2024 preliminary economic assessment (PEA) showcased the project's potential, including a 21-year mine life producing an average of 90,000 tonnes zinc, 1,500 tonnes tin , 560,000 ounces silver and over 2,500 tonnes lead.
The study outlined an after-tax NPV(8%) of US$434 million and IRR of 26% using conservative metal price assumptions, with highly competitive cash costs of US$0.40/lb zinc net of by-products. The initial capex of US$382 million is expected to be paid back within 2.9 years.
CEO Dr. Graham Carman emphasized the substantial potential to expand the resource and extend the mine life. The company plans to advance Ayawilca to a pre-feasibility study (PFS) over the next 12 months, focusing on infill drilling to expand Indicated zinc and tin resources, further metallurgical optimization, and initiating the permitting process.
Tinka benefits from a strong leadership team with extensive experience in South American mineral discoveries and the backing of major zinc miners Buenaventura and Nexa Resources as strategic shareholders. The project boasts excellent infrastructure, including access roads, power lines, and water supply, and the company has fostered strong relationships with local communities.
The Ayawilca project is well-positioned to capitalize on the impending zinc supply deficit, as demand gradually increases and existing mines face depletion. With limited new zinc projects in the pipeline, Ayawilca represents a scarce and strategically valuable asset. As Tinka continues to de-risk and advance the project, it has the potential to attract significant interest from mid-tier and major zinc producers seeking to secure future supply.
Investors can anticipate a range of catalysts in the coming months, including exploration results, metallurgical optimizations, and the delivery of a PFS. As the zinc market moves into undersupply, Tinka Resources offers a unique opportunity to invest in a high-quality, advanced-stage zinc asset with a clear path to value creation._
View Tinka Resources' company profile: https://www.cruxinvestor.com/companies/tinka-resources-limited
Sign up for Crux Investor: https://cruxinvestor.com
27 min