PROJECT

Projects

Summary of Investment Information

Project Number

35873

Company Name

Tinka Resources Limited

Date SPI Disclosed

Apr 17, 2015

Country

Peru

Region

Latin America and the Caribbean

Projected Board Date

May 18, 2015

Environmental Category

B - Limited

Status

Completed

Last Updated Date

Jun 12, 2021

Department

Gbl Infrastructure & Natural Resources

Industry

Metals and Mining

Previous Events

Approved : May 18, 2015
Signed : May 26, 2015
Invested : May 27, 2015

Sector

Zinc

Project Description

Tinka Resources Corp. (“Tinka” or “the Company”) is a junior mineral exploration company registered in British Columbia, Canada and listed on the Toronto Stock Exchange (Symbol: TK)

The Company is focused on the exploration and development of its wholly-owned Ayawilca-Colquipucro project, (the “Project”) located in the department of Pasco in the central Andes of Peru. The Project is located in a prolific mining district where producing mines like Cerro de Pasco (Volcan Cia Minera), Antamina (BHP-Glencore-Teck) and Colquijirca (El Brocal) have been operating for decades. The Project is comprised of two deposits: Ayawilca (zinc) and Colquipucro (silver), developed under the same mineral concession. These deposits are located two kilometers apart at an elevation ranging from 3,300 to 4,600 meters above sea level. In addition, Tinka owns other mineral concessions in Peru, notably Rurimarac, a project which has been optioned to Mariana Resources.

IFC’s investment will support the drilling program in the Ayawilca-Colquipucro project and also be used for geological and initial engineering studies in preparation for a Preliminary Economic Assessment (“PEA”).

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation