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Revisiting Tinka Resources with New Exec Chair Brandon Macdonald
This episode of Mining Stock Daily features Brandon Macdonald, the newly appointed Executive Chairman of the "almost forgotten" Tinka Resources. Macdonald details the recently closed, oversubscribed $14 million financing deal which served to recapitalize and reinvigorate Tinka following challenges in the capital markets. The discussion outlines a new strategic direction for the company's Ayawilca project in Peru, emphasizing the need to focus on high-grade "meaningful tons" rather than just increasing overall tonnage, and rethinking the approach away from a maximalist greenfield build. While the flagship Ayawilca project requires substantial desktop work before drilling commences in mid-next year, the immediate work plan focuses on commencing drilling soon at the secondary copper-gold project, Silvia
Published on 2 months, 1 week ago