TSXv - TK; Frankfurt - TLD; Pinksheets - TKRFF VANCOUVER, Nov. 21 /PRNewswire-FirstCall/ -- Tinka Resources Limited (TSXv - TK; Frankfurt - TLD (WKN A0B 884); Pinksheets - TKRFF). Mr. Andrew Carter, President, is pleased to announce results of the first surface channel sampling taken up to 100m above the 3870 level adit (adit channeling results were reported on November 6th) on the Company's 100% owned 2,079 hectare Colquipucro project in west-central Peru. The Colquipucro mining district is located 190 km NE of Lima, within the richly mineralized Zn-Pb-Ag Belt of central Peru. The project lies 25 km northwest of the famed Cerro de Pasco and Colquijirca Pb-Zn-Cu mines, 35 km east of the Raura Cu-Pb-Zn-Ag mine, and 25 km southwest of Buenaventura's 150 million ounce Uchuccahacua Ag mine. Numerous east-west trending and steeply northerly dipping fault/breccia zones crosscut the hillside at fairly regular intervals along its length. The host rock is a banded sandstone unit of the Chimu Formation which has been extensively fractured between the adjacent fault zones, resulting in a series of parallel, closely-spaced fractures resembling a stockwork texture. It appears that the mineralizing event that produced the high grade silver mineralization along the fault zones also produced mineralization over large widths in the intervening host rock. Anomalous lead and zinc values occur with the high grade silver. These faults and fractures are filled with limonites derived from sulphides and no associated vein material, like quartz, carbonates or barite, are observed. Surface workings along these faults have been traced over approximately a 500m in strike length by at least 300m north-south. A total of 70 samples were taken from the trench over a 305m length at regular 5m intervals, except where old workings or back fill occurred. A summary of significant intercepts, using a 30 g/t Ag cut-off, is shown below. ------------------------------------------------------------------------- From (m) To (m) Width (m) Average Ag (g/t) ------------------------------------------------------------------------- 17 18 1 32.5 ------------------------------------------------------------------------- 80 97 17 88 ------------------------------------------------------------------------- 102 110 8 81 ------------------------------------------------------------------------- 132 140 8 145 ------------------------------------------------------------------------- 155 165 10 130 ------------------------------------------------------------------------- 190 195 5 83 ------------------------------------------------------------------------- 200 210 10 111 ------------------------------------------------------------------------- 275 280 5 71.7 ------------------------------------------------------------------------- The program of surface trench sampling, using a diamond saw to cut channels in the bedrock, is continuing with the sample lines being up to 300m long and spaced 100m apart. Once detailed mapping has been completed, a correlation between the surface and underground mineralized zones will be determined. Mr Carter comments "We are very pleased with these new results of intervals of mineralization at surface above the 3870 adit, as they add another dimension to the project and further support our belief that there is a large silver system at Colquipucro." The Company's Qualified Person, John Nebocat (P.Eng.), who recently visited the property, has reviewed and approved the contents of this news release. On behalf of the Board, "Andrew Carter" Andrew Carter, President & CEO Forward Looking Statements. This Company news 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 Borse have reviewed the information contained herein, and, therefore, do not accept responsibility for the adequacy or accuracy of this release. CONTACT: Investor information contact: Nick L. Nicolaas, (604) 657-4058 or email: , website: http://www.tinkaresources.com/ DATASOURCE: Tinka Resources Limited CONTACT: Investor information contact: Nick L. Nicolaas, (604) 657-4058 or email: , website: http://www.tinkaresources.com/

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