TINKA GRANTED DRILL PERMIT FOR TIBILLOS COPPER PORPHYRY PROJECT, PERU

VANCOUVER, Feb. 2 /CNW/ - Tinka Resources Limited (the "Company"), (TSXV - TK; Frankfurt - TLD; Pinksheets -TKRFF).  Mr. Andrew Carter, President, reports that the Peruvian authorities have granted the Company a drill permit for the Tibillos copper porphyry property, located in the coastal batholith 65 km east of Ica, Peru. The permit for the phase 1 drill program will allow for up to 18 drill platforms. Construction work on the drill platforms and access roads will begin as soon as possible and the Company is seeking a drill contractor to undertake this drill program.

Data from a recently completed geophysical survey produced a target area in the central part of the porphyry roughly 800 m east-west by up to 500 m north-south and is the subject of this phase 1 drill program.

The geophysical anomalies coincide favourably with the geology mapped along the streambeds. The strongest conductors can be attributed to a strongly altered intrusive body that is in contact with the surrounding sediments and volcanics which have locally been altered to hornfels near the contacts. Previous rock sampling surveys along these drainages have yielded highly anomalous copper values over an area of at least 800 m east-west by 600 m north south, again supported by the observed geology.

Mr. Carter said: "We are pleased with the rapid progress that the Company has made at Tibillos and that this important step of obtaining the drill permit has now been achieved as it will allow the Company to advance the project to the next level".

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"
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.

SOURCE Tinka Resources Limited

For further information:

Mariana Bermudez at (604) 699 0202
or email:    mbermudez@chasemgt.com
website:     www.tinkaresources.com


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