Tinka Announces Grant of Stock Options
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 January 24, 2020
TINKA ANNOUNCES GRANT OF STOCK OPTIONS
Vancouver, Canada – Tinka Resources Limited ( “Tinka” or the “ Company”) ( TSXV & BVL: TK )
(OTCPK: TKRFF) announces that pursuant to the Company’s Stock Option Plan, the Company has granted
stock options (the “Options”) to certain directors, officers and consultants to purchase an aggregate of 6,450,000
common shares (the “Optioned Shares”) of the Company at an exercise price of $0.25 per Optioned Sh are for
a period of five years.
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
Company Contact:
Mariana Bermudez 1.604.699.0202
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 than
statements of historical fact are forward-looking statements. F orward-looking statements are ba sed 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 risk s, 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.
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