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Junior exploration roundup: Tinka, LSC Lithium, Goldplay

Bnamericas Published: Wednesday, August 01, 2018
Junior exploration roundup: Tinka, LSC Lithium, Goldplay

Tinka announced assay results for step-out drill holes from the west, central, camp and east Ayawilca areas in Peru.

Two high-grade zinc intersections at the newly named camp area include 5.7m grading 14.9% zinc. This intercept occurs within a repeated limestone unit underneath phyllite.

Also, a positive infill hole at south Ayawilca confirms high-grade zinc replacement mineralization hosted by limestone and sandstone. This hole has improved the geological model in that area. Tinka is studying which are the priority holes to deepen for later in the 2018 drill program.

***

LSC Lithium has received seismic tomography results from its Rio Grande project in Argentina.

Five seismic lines totaling 41.73 line km were completed and wide spaced survey has interpreted previous expectations of depth extensions of the basin up to 500m below salar surface.

Tomography results show lithologies suitable for the hosting of brine at depth, while deep targets were identified for follow-up core drilling to sample brine and to determine the host lithologies' porosity. Drilling should commence in the near-term, the company said in a release.

***

Goldplay Exploration published initial results of four drill holes of the company's first phase of its core drilling program, at its El Habal project in Sinaloa, Mexico.

Four drill holes were completed at El Habal, totaling 1045.85m

Highlights include 77.5m grading 0.43g/t gold including 9.45m grading 2.05g/t gold in one drill hole and 15.4m grading 1.35g/t gold in a second drill hole.

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