Tinka Receives Approval to Initiate Drilling Activities at Ayawilca Zinc Project, Mobilizes First Drill Rig
NEWS RELEASE February 10, 2017
TINKA RECEIVES APPROVAL TO INITIATE DRILLING ACTIVITIES AT AYAWILCA
ZINC PROJECT, MOBILIZES FIRST DRILL RIG
Vancouver, Canada – Tinka Resources Limited (“Tinka” or the “ Company”) (TSXV: TK) (OTCPK: TKRFF) is
pleased to announce that the Ministry of Energy and Mines in Pe ru has granted to the Company the permit to initiate
drilling activities at Ayawilca. A drilling contractor is now mobilizing from Lima to site, with diamond drilling expected
to commence on or about February 15, 2017.
The drill program will initially utilize one rig, with a second rig expected to mobilize in April. The focus of the drill
program will be to expand the existing Zinc Zone mineralization within newly permitted areas along strike of existing
mineral resources, as well as testing new zinc targets outlined by recent geophysical and geochemical programs.
Dr. Graham Carman, Tinka´s President and CEO, stated: “We are very pleased to commence our 2017 drill program at
Ayawilca, which will focus on the discovery of additional high-grade zinc mineralization beyond the existing resource
boundaries. I wish to thank our Peru staff and consultants, as well as our local stakeholders, for their tireless efforts in
getting these permits finally approved. Going forward, Tinka has a minimum 3 year window to advance the project under
the conditions of the EIA. Ayawilca is already a significant zinc resource, and we intend to advance the project as quickly
and efficiently as possible through an aggressive step-out drill program throughout 2017.”
“Phase I of the drill program will target extensions of the highest grade and thickest parts of the existing Zinc Zone
resource at West Ayawilca. Mineralization there remains open to the south and west. Phase II of the drill program will
target the Zone 3 and Chaucha areas, which are two of our highest priority anomalies outside of the resource foot-
print. This second drilling phase is expected to commence in April 2017, when at leas t one additional drill rig will be
deployed at the project. We look forward to providing updates on drill results as the program progresses. We expect the
drill program to continue until at least July 2017. ”
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.
About Tinka Resources Limited
Tinka is an exploration and development company with its flagship property being the 100%-owned Ayawilca Property
in the zinc-lead-silver belt of central Peru, 200 kilometres no rtheast of Lima. The Ayawilca Zinc Zone has an Inferred
Mineral Resource of 18.8 Mt at 8.2% Zinc Eq, and a Tin Zone Inf erred Mineral Resource of 5.4 Mt at 0.89% Tin Eq,
both open for expansion ( May 25, 2016). The Silver Zone at Colquipucro, 2 km north of the Zinc Zone, has Indicated
Mineral Resources of 2.9 Mt at 112g/t Ag for 10.4 Moz Ag and In ferred Mineral Resources of 2.2 Mt at 105g/t Ag for
7.5 Moz Ag hosted by oxidized silver-rich lenses less than 80 metres from surface (Feb. 26, 2015).
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 se curities laws (collectively " forward-looking
statements"). All statements, other than statements of historical fact a re forward-looking statements. Forward-looking
statements are based on the beliefs and expectations of Tinka as well as assumptions made by and information currently
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
2
available to Tinka's management. Such statements reflect the c urrent risks, uncertainties and assumptions related to
certain factors including, without limitations, timing of comme ncement of drill program, the Company’s expectations
regarding mineral resource calculations, capital and other cost s 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, equipment failure, unexpected geological conditions, imprecision
in resource estimates or metal recoveries, success of future development initiatives, competition, operating performance,
environmental and safety risks, community 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 believe s that assumptions inherent in the forward-looking
statements are reasonable, forward-looking statements are not g uarantees of future performance and accordingly undue
reliance should not be put on such statements due to the inhere nt 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.