Tinka Announces Resignation of VP Exploration
TINKA ANNOUNCES RESIGNATION OF VP EXPLORATION
Vancouver, Canada – Tinka Resources Limited ( “Tinka” o r t h e “Company”) (T S X V & B V L : T K) (OTCQB: TKRFF)
announces the resignation of Mr. Alvaro Fernandez‐Baca as VP of Exploration, effective November 30, 2022.
Dr. Graham Carman, CEO, stated: “ On behalf of the Company, I would like to thank Alvaro for his many contributions
and his leadership role as VP of Exploration since 2015. Among his achievements for Tinka, Alvaro played a major role
in the discovery of the South Ayawilca Zinc Zone. We wish him all the best in his future endeavours.”
“Tinka has been building and expanding its management team in P eru in recent times, and we have a strong in‐house
leadership team with significant technical expertise. The Company has no plans to fill the role of VP Exploration
currently.”
The technical team at Tinka will now be led by Mr. Jorge Gamarr a, Project Manager (employed at Tinka since June
2022), and Mr. Luis Giraldo, Exploration Manager (employed as Senior Geologist since 2014) who will both report
directly to the Company’s CEO, Dr. Graham Carman, an experience d exploration geologist. Mr. Georg Winkelmann is
General Manager of the Company’s Peru subsidiary and has been in that role since January 2022.
Tinka is advancing the Ayawilca zinc project in Peru with an on going resource infill and expansion drill program. To
date, nine holes in the current program have been reported (see November 21, 2022 and October 11, 2022), with five
drill holes pending results and approximately 12 additional drill holes to follow. A second drill rig was mobilized during
November 2022 and with two rigs operating 24‐7, one located each at West Ayawilca and the other at South Ayawilca,
the drill program will be completed in the first half of 2023.
On behalf of the Board,
“Graham Carman”
Dr. Graham Carman, President & CEO
Further Information:
www.tinkaresources.com
Mariana Bermudez 1.604.685.9316
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 ‐ see news release ). The Ayawilca Tin Zone has an estimated Inferred Mineral Res ource of 8.4 Mt
grading 1.0% Sn. Tinka holds 46,000 hectares of mining claims in Central Peru, one of the largest holders of mining
claims in the belt. Tinka is actively exploring for copper‐gold skarn mineral deposits at its 100%‐owned Silvia project.
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
December 1, 2022
T: 604.685.9316 [email protected]
TSXV & BVL: TK OTCQB: TKRFF NEWS RELEASE
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 Company’s expectations regarding the Ayawilca Project PEA; the political environment in which
the Company operates continuing to support the development and operation of mining projects; risks related to negative publicity
w i t h r e s p e c t t o t h e C o m p a n y o r t h e m i n i n g i n d u s t r y i n g e n e r a l ; the threat associated with outbrea k s o f v i r u s e s a n d i n f e c t i o u s
diseases, including the novel CO VID‐19 virus; delays in obtaini ng or failure to obtain necessary permits and approvals from lo cal
authorities; community agreements and relations; and, other dev elopment and operating risks. Should any one or more of these
risks or uncertainties materialize, or should any underlying as sumptions prove incorrect, actual results may vary materially f rom
those described herein. Although Tinka believes that assumptio ns 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 m ay be required by applicable secur ities laws, Tinka disclaims a ny
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