Tinka Announces Filing of Ni 43-101 Technical Report ON the Ayawilca Project, PERU
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 December 18, 2017
TINKA ANNOUNCES FILING OF NI 43-101 TECHNICAL REPORT ON THE AYAWILCA
PROJECT, PERU
Vancouver, Canada – Tinka Resources Limited ( “Tinka” or the “ Company”) ( TSXV & BVL: TK )
(OTCPK: TKRFF) Vancouver, Canada announces that the Company has filed an independent National
Instrument 43-101 Technical Report (the “NI 43-101 Technical Report”) on the Mineral Resource Estimate
for the Ayawilca Property, Department of Pasco, Peru, in suppor t of the Company’s news release dated
November 8, 2017.
The updated Inferred Mineral Resource estimate for the Ayawilca Zinc Zone has more than doubled since
May 2016 and is now estimated to be 42.7 million tonnes grading 7.3 % zinc equivalent (ZnEq) . In
addition, Tinka announced an updated tin-copper-silver resource estimated to be 10.5 million tonnes
grading 0.70% tin equivalent (SnEq) . The Tin Zone and Zinc Zone resources do not overlap. Both of the
Mineral Resources were assigned to the Inferred category and re p o r t e d a t a n N S R c u t - o f f v a l u e o f
US$55/tonne, as estimated by Roscoe Postle Associates Inc. of Toronto, Canada ("RPA Inc.").
Tinka is continuing to drill beyond the Mineral Resource bounda ries looking for new zinc discoveries and/or
extensions of known mineralization. On December 6, 2017, the C ompany announced a new discovery at
Zone 3 with one hole intersecting significant mineralization of 10.3 metres at 5.9 % zinc, 2.0 % lead & 66 g/t
silver from 570.2 metres, including 4.5 metres at 9.4 % zinc, 1 .1 % lead & 45 g/t silver from 576.0 metres
depth (see news releases Dec. 6/17).
Highlights of the Mineral Resource Updates
Inferred Zinc Mineral Resource of 42.7 million tonnes grading 6.0 % zinc, 0.2 % lead, 17 g/t silver &
79 g/t indium (7.3 % ZnEq), containing:
o 5.6 billion pounds of zinc;
o 3,361 tonnes of indium;
o 23.1 million ounces of silver; and
o 209 million pounds of lead.
Inferred Tin Mineral Resource of 10.5 million tonnes grading 0.63 % tin, 0.23 % copper, & 12 g/t
silver (0.70 % SnEq), including:
o 145 million pounds of tin;
o 53 million pounds of copper; and
o 4.2 million ounces of silver.
The Colquipucro Deposit Indicated Mineral Resource of 7.4 million tonnes grading 60 g/t silver a n d
Inferred Mineral Resource of 8.5 million tonnes grading 48 g/t silver remains unchanged since the
February 2015 mineral resource estimate.
Dr. Graham Carman, Tinka’s President and CEO, stated: “The NI 43-101 report now filed includes all drill
results up to October 10, 2017. Tinka plans to continue drill testing new areas, including Zone 3, with the
aim of increasing the resources further. At the same time, we are de-risking the project with additional
metallurgical and desktop mining studies leading to a PEA in 2018.”
The NI 43-101 Technical Report was authored by Mr. David Ross, P.Geo. of RPA Inc., who is an
independent “qualified person” as defined by NI 43-101. Mr. Ros s has read and approved the technical
contents of this release as it pertains to the Mineral Resource estimates.
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The NI 43-101 Technical Report may be found under the Company’s profile on SEDAR at www.sedar.com
and on the Company’s website at www.tinkaresources.com.
On behalf of the Board,
“Graham Carman”
Dr. Graham Carman, President & CEO
Investor Information:
www.tinkaresources.com
Rob Bruggeman 1.416.884.3556
Company Contact:
Mariana Bermudez, 1.604.699.0202
About Tinka Resources Limited
Tinka is an exploration and development company with its flagsh ip property being the 100%-owned Ayawilca
carbonate replacement deposit (CRD) in the zinc-lead-silver belt of central Peru, 200 kilometres northeast of Lima. The
Ayawilca Zinc Zone Inferred Mineral Resource estimate now consists of 42.7 Mt at 6.0 % zinc, 0.2 % lead, 17 g/t silver
& 79 g/t indium, and a Tin Zone Inferred Mineral Resource of 10.5 Mt at 0.63 % tin, 0.23 % copper & 12 g/t silver (this
release). Drilling for resource extensions and the testing of n ew targets is ongoing. The qualified person, Dr. Graham
Carman, Tinka’s President and CEO, and a Fellow of the Australasian Institute of Mining and Metallurgy, has reviewed
and verified the technical contents of this 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
t h a n s t a t e m e n t s o f h i s t o r i c a l f a c t a r e f o r w a r d - l o o k i n g s t a t e m e nts. Forward-looking statements are based on the beliefs and
expectations of Tinka as well as assumptions made by and inform ation currently available to Tinka's management. Such statemen ts
reflect the current risks, uncertainties and assumptions relate d to certain factors including, without limitations, drilling r esults, the
Company’s expectations regarding mineral resource calculations, capital and other costs varying significantly from estimates,
production rates varying from estimates, changes in world metal markets, changes in equity markets, uncertainties relating to the
availability and costs of financing needed in the future, equip ment failure, unexpected geological conditions, imprecision in resource
estimates or metal recoveries, success of future development in itiatives, competition, operating performance, environmental an d
safety risks, delays in obtaining or failure to obtain necessar y permits and approvals from local authorities, community agree ments
and relations, and other development and operating risks. Shoul d any one or more of these risks or uncertainties materialize, or
should any underlying assumptions prove incorrect, actual resul ts may vary materially from those described herein. Although T inka
believes that assumptions inherent in the forward-looking state ments are reasonable, forward-looking statements are not guaran tees
of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty ther ein.
Except as may be required by applicable securities laws, Tinka disclaims any intent or obligation to update any forward-lookin g
statement.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this news release