TINKA IDENTIFIES DRILL TARGETS AT TIBILLOS COPPER PORPHYRY PROJECT, PERU

TSXV - TK; Frankfurt - TLD; Pinksheets - TKRF

VANCOUVER, Jan. 24 /CNW/ - Tinka Resources Limited (the "Company") (TSXV - TK; Frankfurt - TLD; Pinksheets -TKRFF).  Andrew Carter, President, reports that the Company has received a report from an independent geophysicist on the induced polarisation (IP) survey undertaken on the Company's Tibillos copper porphyry property, located in the coastal batholith 65 km east of Ica, Peru.

The pole-dipole survey consisted of 12 lines totalling 20 km with the object of determining, where possible, the geometry and zoning features of the porphyry target. The data was modelled using both the Zonge 2-D and UBC 3-D inversion programs; both methods produced similar and coherent chargeability and resistivity models.

The IP data has produced a target area in the central part of the porphyry roughly 800 m east-west by up to 500 m north-south. This model fits the observed surface mineralisation. Also, there exists a conductive body in the southeastern part of the survey area that is underlain by volcanics. Skarn-style mineralisation was noted in a small mine operated by informal miners about 2 km southeast from here which is hosted by similar rocks. This area will be drill tested in addition to the central porphyry targets.

Mr. Carter said: "We are pleased that this important step has been completed as it will allow the Company to advance the project as quickly as possible. An application for an initial drill program has now been lodged with the Peruvian authorities."

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:

Company Contact:
Mariana Bermudez at (604) 699 0202 or
email: mbermudez@chasemgt.com
website:  www.tinkaresources.com
    Investor Information Contact:
Bay Street Connect, Michael D'Amico
Tel:   1.647.500.6023
Email: michael@baystreetconnect.com


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