Tinka Resources LimitedTSXV: TK

Tinka updates Colquipucro drill program, Peru

TSXv - TK; Frankfurt - TLD; Pinksheets - TKRFF

VANCOUVER, Aug. 15 /CNW/ - Tinka Resources Limited (the "Company") (TSXv - TK; Frankfurt - TLD; Pinksheets -TKRFF). Mr. Andrew Carter, President & CEO, provides a progress report on the diamond drill exploration program currently underway at the Company's 100% owned Colquipucro silver project, west-central Peru.

The Company has changed drilling contractors and retained the services of Iguana Drilling Peru to complete the remaining seven holes of the drill program. The new drill contractor is now on site in preparation for hole five.

Four holes of the eleven hole diamond drill program, targeting known surface and underground mineralization, have now been completed. All core has been split, prepared for assay and delivered to Plenge Laboratories in Lima. Samples have also been sent to International Plasma Labs in Vancouver for check analysis. Results will be released as soon as they are available.

The Company's Qualified Person as defined in National Instrument 43-101, John Nebocat (P.Eng.), has reviewed and approved the contents of this press release.

On behalf of the Board,

"Andrew Carter"

Andrew Carter, President & CEO

Forward Looking Statements. This Company press release contains certain "forward-looking" statements and information relating to the Company that are based on the beliefs of the Company's management as well as assumptions made by and information currently available to the Company's management. Such statements reflect the current risks, uncertainties and assumptions related to certain factors including, without limitations, competitive factors, general economic conditions, customer relations, relationships with vendors and strategic partners, the interest rate environment, governmental regulation and supervision, seasonality, technological change, changes in industry practices, and one-time events. 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. Neither the TSX Venture Exchange nor the Frankfurt Deutsche Börse have reviewed the information contained herein, and, therfore, do not accept responsibility for the adequacy or accuracy of this release.