Tinka Resources Limited ("Tinka and/or the "Company") trades in Canada on the TSX Venture Exchange under the symbol “TK”, Frankfurt – “TLD” (WKN AOB 884) and is quoted in the USA on the Pinksheets under the symbol “TKRFF”.

The Company directors and management are highly experienced in the resource sector and are focused on enhancing shareholder value by expanding Tinka’s assets in this sector. 

Tinka's main project in Peru is the Colquipucro silver-lead-zinc project consisting of 42 contiguous mineral tenements covering an area of 6,679 hectares and located in the Departement of Cerro de Pasco.  The Company completed a 15-hole, 2,670m, Phase 1 diamond drill program in November 2007.  All but one hole intercepted silver mineralization above cut-off grade and results included 60m grading 135 g/t silver, 44m grading 95 g/t silver from surface, 66m grading 83 g/t silver from surface, 10m grading 625 g/t silver, 8m grading 551 g/t silver, and 12m grading 4.4% zinc which is open at depth.  The Company has now completed soil sampling, trenching, sampling of underground workings, IP and drilling which has identified a zone of mineralization that extends across an east-west strike of about 200m, a width of up to 500m north-south and to a depth ranging from 100m to 200m. 

A recently completed independent NI43-101 report determined an inferred silver resource of 20.3 million ounces with an immediate potential contiguous target for up to a futher 2 million tonnes at similar silver grades.  See April 24, 2008 News Release for details of the report or click on NI43-101 to view a complete copy of this report.

Another zone of similar mineralization has been discovered by surface sampling about 2 km to the south of the drilled area and the target area is approximately 3 times the area of the main zone.

In order to fully test the extent of mineralization at Colquipucro and undertake initial drilling at the newly discovered zone, a 44-hole, 10,000m diamond drill program is planned to commence as soon as approval is received from the Peruvian Authorities.

In Australia, the Company has signed two heads of agreement with an arm’s length private company for the acquisition of the Strathbogie South and Golden Mountain Projects, located in the State of Victoria.   The Company plans to undertake an initial 600m diamond drill program to confirm historical drilling at Golden Mountain in June 2008. 

For further information about the Company, please contact:

Andrew Carter, President & CEO,  acarter@chasemgt.com

Mariana Bermudez, Corporate Secretary, mbermudez@chasemgt.com