Tincorp Metals advances two projects in Bolivia
Bolivia is an important tin producer, said Tincorp Metals' CEO and Director Gordon Neal.
In mid-September Neal spoke to Kitco at the 2023 Precious Metals Summit Beaver Creek in Colorado.
Tincorp Metals (TSX-V:TIN) is focused on two projects. Its SF tin project has polymetallic Sn-Zn-Ag mineralization and is located in the west-central region nof Bolivia, 60km southeast of the city of Oruro. The 2 sq-km property encompasses the historical open pit and underground workings from Spanish Colonial times, which exploited the deposit on a minor and limited scale.
The second is its Porvenir tin-zinc-silver project located in the Oruro Department, Bolivia. The Porvenir project was subjected to
some small-scale, historic mining and was drilled by Japanese company Dowa Metals between 2007 - 2011. A 2,500m drill program completed in
Bolivia is an important source of the world's tin.
"Bolivia is one of the centers of tin in the world," said Neal. "It's the sixth largest producer of tin."
In its investor presentation, Tincorp Metals writes that tin production and global reserves are declining. There have only been four new tin deposits discovered in the past 40 years. Tincorp’s mission is to be the fifth.