Tinka Announces Grant of Stock Options
TINKA ANNOUNCES GRANT OF STOCK OPTIONS
Vancouver, Canada – Tinka Resources Limited ( “Tinka” or the “Company”) (TSXV & BVL: TK) (OTCQB: TKRFF)
announces that pursuant to the Company’s Stock Option Plan, the Company has granted stock options (the “Options”)
to a director of the Company to purchase an aggregate of 700,00 0 common shares (the “ Optioned Shares”) of the
Company at an exercise price of $0.25 per Optioned Share for a period of four years.
On behalf of the Board,
“Graham Carman”
Dr. Graham Carman, President & CEO
Further Information:
www.tinkaresources.com
Mariana Bermudez 1.604.685.9316
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About Tinka Resources Limited
Tinka is an exploration and development company with its flagship property being the 100%‐owned Ayawilca zinc‐
silver‐tin project in central Pe ru. The Zinc Zone deposit has a n estimated Indicated Mineral Resource of 19.0 Mt @
7.15% Zn, 16.8 g/t Ag & 0.2% Pb and Inferred Mineral Resource o f 47.9 Mt @ 5.4% Zn, 20.0 g/t Ag & 0.4% Pb (dated
August 30, 2021). The Ayawilca Tin Zone has an estimated Inferred Mineral Resource of 8.4 Mt grading 1.0% Sn. Tinka
is currently completing an 11,500‐ metre resource definition dri ll program at West Ayawilca and South Ayawilca Zinc
Zone. 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 re lease contains forward‐looking statements and forward‐looking
information within the meaning o f applicable securities laws (c ollectively "forward‐looking sta tements"). All statements, oth er
than statements of historical fact are forward‐looking statements. Forward‐looking statements are based on the beliefs and
expectations of Tinka as well as assumptions made by and information currently available to Tinka's management. Such statements
reflect the current risks, uncertainties and assumptions related to certain factors including, without limitations: timing of planned
work programs and results varying from expectations; delay in obtaining results; 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 estimates or metal recoveries; success of future development initiatives; competition and operating performance;
environmental and safety risks; the political environment in which the Company operates continuing to support the development
and operation of mining projects; risks related to negative publicity with respect to the Company or the mining industry in general;
the threat associated with outbreaks of viruses and infectious diseases, including the novel COVID‐19 virus; delays in obtaining or
f a i l u r e t o o b t a i n n e c e s s a r y p e r m i t s a n d a p p r o v a l s f r o m l o c a l a uthorities; community agreements and relations; and, other
development and operating risks. Should any one or more of thes e 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 inherent in the forward‐looking statements are reasonable, forward‐looking statements are not guarantees of future
performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein. Except
as may be required by applicable 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 Exchange)
accepts responsibility for the adequacy or accuracy of this news release
May 18, 2023
T: 604.685.9316 [email protected]
TSXV & BVL: TK OTCQB: TKRFF NEWS RELEASE