Tinka Resources Limited

March 17, 2010 08:45 ET

Tinka Lodges Amendment to Colquipucro Drill Program, Peru

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 17, 2010) - Tinka Resources Limited (the "Company") (TSX VENTURE:TK)(PINK SHEETS:TKRFF)(FRANKFURT:TLD) - The Company is pleased to provide an exploration update on its exploration projects in Peru.

At the Colquipucro silver project, an amended application has been lodged with Peruvian authorities to add a further 8 reverse circulation drill holes at the Ayawilca zone. These drill holes will be in addition to the 50 diamond drill hole permit that has already been granted covering Zone 1. A drill contract has been signed, and a drill rig will be mobilized as soon as the amendment has been approved. Discussions with the local community are in progress to allow a 12 line-km induced polarisation survey to be undertaken over the Ayawilca zone. It is anticipated that this work will commence by the end of the month.

At the new Anita de Tibillos copper porphyry project, located in the coastal batholith, south of Lima (see press release dated March 8th 2010), quotes have been received to undertake a 25 line km induced polarisation survey. In addition, surface geochemical sampling and mapping will commence soon. The Company has also staked a further 2,900 hectares surrounding the Anita de Tibillos project to consolidate the Company's land tenure in the area.

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 Press 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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