Tinka announces positive initial drill results at Colquipucro, Peru



    Including 10m grading 625 g/t Silver and 28m grading 105 g/t Silver

    TSXv - TK; Frankfurt - TLD; Pinksheets - TKRFF

    VANCOUVER, Aug. 28 /CNW/ - Tinka Resources Limited (the "Company") (TSXv
- TK; Frankfurt - TLD; Pinksheets - TKRFF). Mr. Andrew Carter, President &
CEO, provides the results of the first four drill holes of an eleven hole
diamond drill exploration program currently underway at the Company's 100%
owned Colquipucro silver project, west-central Peru. Three holes have targeted
known surface and underground mineralization along the westernmost section of
the program area, and one hole targeted known surface mineralization one
hundred metres to the east.
    Said Mr. Carter: "The initial assay results from Colquipucro are very
encouraging and we look forward to the continuation of this program. The
results from CDD4 are significant as it is the first opportunity the Company
has had to test along strike from the adit area. The new drill contractor is
currently drilling hole 6 and is proceeding very satisfactorily."

    
    Drilling results are as follows:

    -------------------------------------------------------------------------
    HOLE      SECTION   FROM    TO   TOTAL   Recovery   Silver   Lead   Zinc
    NO.                    m     m       m          %      g/t      %      %
    -------------------------------------------------------------------------
    CDD1      332600E      0     4       4         72      154    0.4    nil
    -------------------------------------------------------------------------
                          12    14       2         95       50    0.1    nil
    -------------------------------------------------------------------------
                          16    20       4         99       71    0.2    nil
    -------------------------------------------------------------------------
                          24    34      10         99       67    0.1    0.1
    -------------------------------------------------------------------------
                          38    40       2         90       38    nil    0.1
    -------------------------------------------------------------------------
                          60    62       2          6       53    nil    nil
    -------------------------------------------------------------------------
                          70    72       2         67       61    0.2    0.1
    -------------------------------------------------------------------------
                          74    76       2         84       30    nil    0.2
    -------------------------------------------------------------------------
                          82    84       2          5       61    0.1    0.6
    -------------------------------------------------------------------------
                          98   100       2         97       40    0.2    0.1
    -------------------------------------------------------------------------
                         102   106       4         36      146    0.4    0.3
    -------------------------------------------------------------------------
                         126   130       4         91      154    0.4    0.3
    -------------------------------------------------------------------------
    CDD2      332600E     36    38       2        100       40    0.1    0.1
    -------------------------------------------------------------------------
                          66    78      12         36       90    0.2    nil
    -------------------------------------------------------------------------
                          80    84       4         71       54    0.3    0.1
    -------------------------------------------------------------------------
                          86    92       6        100       70    0.2    nil
    -------------------------------------------------------------------------
                         106   108       2         71       37    nil    nil
    -------------------------------------------------------------------------
                         112   116       4         30       42    nil    nil
    -------------------------------------------------------------------------
                         152   154       2         33      0.2    nil    2.1
    -------------------------------------------------------------------------
                         156   158       2         18      2.0    nil    1.7
    -------------------------------------------------------------------------
    CDD3      332600E      0     4       4         26      276    0.1    nil
    -------------------------------------------------------------------------
    Including              2     4       2         22      486    0.1    nil
    -------------------------------------------------------------------------
                          14    18       4         61       54    0.1    0.1
    -------------------------------------------------------------------------
                          20    26       6         95       76    0.3    0.2
    -------------------------------------------------------------------------
                          28    30       2         94       42    0.2    0.2
    -------------------------------------------------------------------------
                          66    70       4         97       36    0.1    nil
    -------------------------------------------------------------------------
                          76    78       2         88       35    0.1    nil
    -------------------------------------------------------------------------
                         146   148       2         46      664    1.2    4.2
    -------------------------------------------------------------------------
                         164   174      10         85      131    0.4    1.3
    -------------------------------------------------------------------------
    Including            166   170       4         73      250    1.0    1.7
    -------------------------------------------------------------------------
                         176   182       6         89       82    0.3    1.0
    -------------------------------------------------------------------------
    CDD4      332700E      0     2       2         35       66    0.3    nil
    -------------------------------------------------------------------------
                          10    38      28         96      105    0.2    nil
    -------------------------------------------------------------------------
    Including             18    26       8         99      210    0.3    nil
    -------------------------------------------------------------------------
                          46    48       2        100       77    0.3    nil
    -------------------------------------------------------------------------
                          66    68       2        100       46    0.1    0.1
    -------------------------------------------------------------------------
                          96   104       8         99      125    0.3    0.2
    -------------------------------------------------------------------------
                         110   116       6        100      174    0.3    0.2
    -------------------------------------------------------------------------
                         118   128      10         88      625    1.2    0.1
    -------------------------------------------------------------------------
    Including            122   128       6         80     1003    1.8    0.1
    -------------------------------------------------------------------------
                         150   160      10         91        7    nil    2.2
    -------------------------------------------------------------------------
    Including            156   158       2         78       16    nil    5.7
    -------------------------------------------------------------------------
                         166   170       4         24       73    0.8    1.1
    -------------------------------------------------------------------------
                         180   184       4         34       38    0.2    0.7
    -------------------------------------------------------------------------
    

    All intercepts are down-hole lengths and true widths have not been
calculated. A 30 g/t cut-off has been used for silver and a 0.1% cut off for
lead and zinc. It should be noted that badly fractured ground has caused poor
core recovery in a number of sampled intervals.
    All diamond drilling has been performed using HQ and NQ diameter core.
Core is logged and split on site under the supervision of Tinka geologists.
Sampling is done on two metre intervals and samples are transported by company
staff to Plenge Laboratories in Lima, Peru for assay by multi acid digestion
method. The Company has continued a program of randomly inserting known sample
standards as a means of checking on laboratory analytical reproducibility.
Random samples were also transported to IPL Laboratories in Vancouver for
check analysis. Results from the quality control program are within acceptable
limits.
    The Company's Qualified Person as defined in National Instrument 43-101,
John Nebocat (P.Eng.), who has visited the drill site to both observe the
drilling and sampling procedures, has reviewed and approved the contents of
this press 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. Neirther the TSX
Venture Exchange nor the Frankfurt Deutsche Boerse have reviewed the
information contained herein, and, therfore, do not accept responsibility for
the adequacy or accuracy of this release.




For further information:

For further information: Investor information contact: Nick L. Nicolaas
at (604) 657-4058, or email: nick@mininginteractive.com, website:
www.tinkaresources.com


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