Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Tincorp Metals ( (TSE:TIN) ) has provided an announcement.
Tincorp Metals has filed an updated NI 43-101 technical report and mineral resource estimate for its Santa Barbara gold and copper project in southeastern Ecuador, prepared by SRK Consulting. The new estimate outlines 29.8 million tonnes of indicated resources grading 0.73 g/t gold and 0.10% copper, plus 205.7 million tonnes of inferred resources at 0.52 g/t gold and 0.09% copper, all constrained within a conceptual open pit shell.
The filing marks a key de-risking milestone for Santa Barbara by providing a modern, independently verified resource model based on 56 historic drill holes and detailed geologic data. Early metallurgical test work showing gold recoveries of up to 85.5% supports potential project viability, positioning Tincorp more competitively among gold-copper developers in the Andean region and offering investors greater clarity on the project’s scale and quality.
More about Tincorp Metals
Tincorp Metals Inc. is a Canadian mineral exploration company listed on the TSX Venture Exchange, focused on advancing gold and copper assets. Its key project includes the Santa Barbara Gold and Copper Project in Ecuador’s Zamora copper-gold belt, targeting large-scale, open-pit–amenable resources in a prolific Andean mineral district.
Average Trading Volume: 47,965
Technical Sentiment Signal: Buy
Find detailed analytics on TIN stock on TipRanks’ Stock Analysis page.