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Tinka Announces Grant of Stock Options

Share Capital & Compensation

NEWS RELEASE February 2, 2017

TINKA ANNOUNCES GRANT OF STOCK OPTIONS

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

TKRFF) announces the granting of stock options to its directors, off icers and consultants to purchase up to

3,500,000 common shares of the Company at an exercise price of $0.325 per option share for a period of

three years.

About Tinka Resources Limited

Tinka is an exploration and development company with projects i n Peru. Tinka’s flagship property is its 100%-owned

Ayawilca Property in the highly mineralized zinc-lead-silver be lt of central Peru, 200 kilometres north of Lima.

Ayawilca has two separate Inferred Mineral Resource Zones of 18 .8 Mt at 8.2% Zinc Eq, and 5.4 Mt at 0.89% Tin Eq,

both open for expansion (news release of May 25, 2016 ). The Colquipucro silver deposit, located 2 km north of the

Ayawilca Zinc Zone, has Indicated Mineral Resources of 2.9 Mt a t 112g/t Ag for 10.4 Moz Ag and Inferred Mineral

Resources of 2.2 Mt at 105g/t Ag for 7.5 Moz Ag contained withi n a larger lower-grade resource envelope (news

release of Feb. 26, 2015 ). Dr. Graham Carman, Tinka’s President and CEO, is a Qualifie d Person as defined in

National Instrument 43-101 and has reviewed and approved the sc ientific and technical disclosure contained in this

news 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:

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

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: TK