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TK.V ·

Tinka Advises of COVID-19 Case IN PERU

Mine Development & Operations

TINKA RESOURCES LIMITED

#1305 – 1090 WEST GEORGIA STREET

VANCOUVER, B.C. V6E 3V7

Tel: (604) 685 9316 Fax (604) 683 1585

Website: www.tinkaresources.com

TSXV & BVL: TK OTCPK: TKRFF

NEWS RELEASE March 26th, 2020

TINKA ADVISES OF COVID-19 CASE IN PERU

Vancouver, Canada – Tinka Resources Limited ( “Tinka” or the “ Company”) ( TSXV & BVL: TK )

(OTCPK: TKRFF) advises that one of its employees has tested positive to COVID-19 in Peru. The employee

is recovering well in self-isolation at his home in Lima. Othe r Company employees who were in close contact

with the affected employee, and their families, are also in self-isolation.

The Company has complied and is complying with all protocols wi th respect to the COVID-19 pandemic that

have been established under the state of national emergency in Peru which was declared on March 15 th, 2020.

The camp at Ayawilca has been in lock-down since the state of n ational emergency was declared and all non-

essential personnel were removed from site prior to the lock-down. The affected employee arrived to site from

Lima on March 9 th via public transport, and was one of a small group of essentia l employees maintaining the

camp. The employee showed signs of breathing difficulties on Ma rch 21st, and was immediately evacuated by

ambulance directly to Lima under strict biosecurity protocols, due to the added health risk of high altitude. He

was tested for COVID-19 in Lima and has been in self-isolation since. He received a positive COVID-19 test

result on March 24th.

The employee’s infection is not believed to be related to overs eas travel by persons related to the Company.

Tinka is working closely with the Ministry of Energy of Mines a nd the Pasco regional health agency to ensure

that quarantine procedures are adequate for the Company’s remaining employees and nearby communities. The

nearby communities were immediately notified of the situation a nd advised to take precautionary isolation

measures where appropriate.

The President and CEO of Tinka, Dr. Graham Carman, stated: “The safety of our employees, their families, and

our nearby communities is our highest priority. Tinka has a COVID-19 preparedness and response plan based

on recommendations from relevant authorities. The drill program at Ayawilca for 2020 has not yet started, and

there have been no drill rigs on site this year. The Company’s planned 2020 drill program will be delayed while

the state of emergency and restrictions on travel remain in place.”

About Tinka Resources Limited

Tinka is an exploration and devel opment company with its flagship property being the 100%-owned Ayawilca

carbonate replacement deposit (CRD) located in the zinc-lead-si lver belt of central Peru, 200 kilometres

northeast of Lima. The Ayawilca Zinc Zone contains 11.7 Mt of I ndicated Resources grading 6.9% zinc, 0.2%

lead, 15 g/t silver and 84 g/t indium and 45.0 Mt Inferred Resources grading 5.6% zinc, 0.2% lead, 17 g/t silver

and 67 g/t indium. A Preliminary Economic Assessment for the A yawilca Zinc Zone was released on July 2,

2019 (see release). The Qualified Person, Dr. Graham Carman, Tinka’s President and CEO, and a Fellow of

the Australasian Institute of Mining and Metallurgy, has review ed and verified the technical contents of this

release.

On behalf of the Board,

“Graham Carman”

Dr. Graham Carman, President & CEO

Investor Information:

www.tinkaresources.com

Rob Bruggeman 1.416.884.3556

[email protected]

Company Contact:

2

Mariana Bermudez 1.604.699.0202

[email protected]

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Ex-

change) accepts responsibility for the adequacy or accuracy of this news release

Forward Looking Statements: Certain information in this news release contains forward-look ing statements and forward-looking

information within the meaning of applicable securities laws (c ollectively "forward-looking statements"). All statements, other tha n

statements of historical fact are forward-looking statements. F orward-looking statements are based on the beliefs and expectat ions of

Tinka as well as assumptions made by and information currently available to Tinka's management. Such statements reflect the c urrent

risks, uncertainties and assumptions related to certain factors including, without limitations, drilling results, the Company’s expectations

regarding the Ayawilca Project PEA, changes in world metal markets, changes in equity markets, uncertainties relating to the availability

and costs of financing needed in the future, equipment failure, unexpected geological conditions, imprecision in resource esti mates or

metal recoveries, success of future development initiatives, co mpetition, operating performance, environmental and safety risks, delays

in obtaining or failure to obtain necessary permits and approva ls from local authorities, community agreements and relations, and other

development and operating risks. 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. Although Tinka believes that assumptions inh erent in

the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and accordi ngly

undue reliance should not be put on such statements due to the inherent uncertainty therein. Ex cept as may be required by appl icable

securities laws, Tinka disclaims any intent or obligation to update any forward-looking statement.