Tinka Resources Limited

January 15, 2008 09:00 ET

Tinka Identifies Two New Areas of Surface Mineralization at Colquipucro

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 15, 2008) - Tinka Resources Limited (the "Company")(TSX VENTURE:TK)(PINK SHEETS:TKRFF)(FRANKFURT:TLD). Mr. Andrew Carter, President of Tinka, reports that the Company has identified two new areas of surface mineralization at the Company's 100% owned Colquipucro silver-lead-zinc project, west-central Peru.

The two new areas, called Colquisur and Ayawilca, lie 1km SE of and from 1.5km and 2km SSE of the recently drilled Zone 1 area respectively. A plan of the surface results may be viewed at the following web link www.tinkaresources.com/colquipucro.shtml. Significant drill results at Zone 1 include intersections of 60m grading 135 g/t silver, 44m grading 95 g/t silver, 8m grading 551 g/t silver and 12m grading 4.4% zinc (see press releases dated August 28, October 2 and December 12, 2007). A total of 384 soil and rock chip samples were collected from the new areas on a grid covering both areas measuring roughly 1,500 metres by 1,900 metres. Results returned values ranging from trace to 85 g/t silver, trace to 0.39% lead and trace to 4.9% zinc. These geochemically anomalous areas are still open to the east, but geological mapping and soil sampling suggest that the mineralized areas are faulted-off along the western edge of the grid.

The Ayawilca zone is underlain mostly by sandstones and siltstones containing finely disseminated pyrite throughout. Other sulphide minerals have not yet been identified in the matrix of these rocks, but the highly anomalous soil sample results suggest they are there (galena, sphalerite). It is believed that this sequence of east-west structures could be a similar setting to the Zone 1 area just drilled, where faults served as conduits for reprecipitating and enriching the mineralization both along the faults and in intervening fractures.

Colquisur sits in the valley immediately south of Zone 1. There is extensive overburden cover, but preliminary mapping and sampling indicates that it is underlain mostly by the Pucara limestone, host to the lead and zinc mineralization encountered in the deeper parts of some holes at Zone 1.

The Company will continue the grid sampling program and surface exploration to further delineate these zones; data from the recently completed drill program at Zone 1 is being compiled and reviewed for a follow-up drill program.

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

On behalf of the Board,

Andrew Carter, President & CEO

Forward Looking Statements. This Company 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 nor the Frankfurt Deutsche Borse have reviewed the information contained herein, and, therefore, do not accept responsibility for the adequacy or accuracy of this release.

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