Tinka Resources Limited

September 23, 2009 09:00 ET

Tinka Defines Significant Drill Target At Ayawilca Zone; Colquipucro Silver Project, Peru

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 23, 2009) - Tinka Resources Limited (the "Company") (TSX VENTURE:TK)(PINK SHEETS:TKRFF)(FRANKFURT:TLD) - Mr. Andrew Carter, President of Tinka, reports the completion of a detailed structural mapping and geological interpretation study on the Company's 100%-owned Colquipucro property, west-central Peru.

The interpretations and conclusions provided by the Company's independent geologists include:

- The structural setting and mineralization found at the Ayawilca zone has a direct correlation with the system found at Zone 1.

- The area, approximately 500m north-south by 200m east-west, defined as prospective for hosting bulk-tonnage silver mineralization at Ayawilca is sufficient for an exploration target equal to or greater than that established at Zone 1. The potential quantity and grade is conceptual in nature, and there has been insufficient exploration to define this target at this time. It is uncertain that drilling will result in further discoveries in this area. The target referred to is based on follow up of currently untested known strike length and down dip potential of the host sandstone.

- Ayawilca is believed to be higher in the Goyllar sandstone stratigraphy; hence, there may be potential for a thicker sequence of mineralization than at Zone 1.

- An 8-hole reverse circulation drill program, totalling not less than 1,600m, is recommended as a first phase test of the Ayawilca zone.

Ayawilca is located 1.5 km south of Zone 1 which contains an inferred resource of 5.67 million tonnes grading 111.4 g/t Ag (3.25 oz/ton), or a contained metal content of about 20.3 million troy ounces of Ag (see April 24, 2008 news release).

Mr. Carter states, "The Company is extremely pleased with the results of this independent study of the Ayawilca zone as it confirms that the exploration target here may be equal to or greater than that at Zone 1 and we look forward to drilling this area."

The Company's Qualified Person, John Nebocat (P.Eng), has reviewed and approved the contents of this press release.

On behalf of the Board,

Andrew Carter, President & CEO

Forward Looking Statements. This Company's news release contains certain "forward-looking" statements and information relating to the Company that are based on the beliefs of the Company's management as well as assumptions made by and information currently available to the Company's management. Such statements reflect the current risks, uncertainties and assumptions related to certain factors including, without limitations, competitive factors, general economic conditions, customer relations, relationships with vendors and strategic partners, the interest rate environment, governmental regulation and supervision, seasonality, technological change, changes in industry practices, and one-time events. Should any one or more of these risks or uncertainties materialize, or should any underlying assumptions prove incorrect, actual results may vary materially from those described herein.

Neither the TSX Venture Exchange, its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange), nor the Frankfurt Stock Exchange accepts responsibility for the adequacy or accuracy of this news release.

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