Tinka Resources raises $15.4M and names Brandon Macdonald Executive Chairman to advance Peru projects

Tinka Resources secures $15.4 million to fund drilling at its Silvia Gold-Copper and Ayawilca Zinc-Silver-Tin projects in Peru, while appointing Brandon Macdonald as Executive Chairman.

Tinka Resources (TSX-V:TK) has secured C$14.2 million ($15.4 million) in fresh funding through a non-brokered private placement, marking a major boost for its exploration and resource development activities in central Peru. The proceeds will support initial drilling at the Silvia Gold-Copper Project and a resource expansion program at the Ayawilca Zinc-Silver-Tin Project, the company’s flagship asset.

Funding details and warrant structure

The financing involves the issuance of 51.92 million units at C$0.28 per unit, each consisting of one common share and one-half purchase warrant. Every full warrant allows the holder to buy an additional share at C$0.40 within a three-year period, giving investors long-term exposure to Tinka’s growth potential.

The company will pay an aggregate of C$118,933.50 in finder’s fees, including C$14,850 to Australian firm Taylor Collison, the only non-Canadian registrant involved in the placement.

New Executive Chairman to lead next growth phase

Coinciding with the completion of the financing, Tinka appointed Brandon Macdonald as Executive Chairman, underscoring a renewed strategic focus on advancing both the Ayawilca and Silvia projects.

“I am excited for not just expanding and advancing the world-class Ayawilca Zinc-Silver-Tin Project, but also the imminent start of the first-ever drill program at the highly compelling Silvia Gold-Copper Project,” Macdonald said. “Big things are coming for Tinka, and I’m proud to be part of the team making it happen.”

Advancing exploration in Peru’s central Andes

Located in central Peru, Tinka’s Ayawilca project is one of the largest undeveloped zinc resources in the Americas, with significant by-products of silver and tin. The Silvia project, situated nearby, hosts promising gold and copper mineralization, and its upcoming drill campaign will mark the first test of the property’s high-priority targets.

The new funding and leadership appointment signal renewed momentum for Tinka as it positions itself among the emerging mid-tier explorers in Peru’s mining sector—one of the most resource-rich and strategically important in Latin America.