What Distinguishes Tinka?

• Exclusive access to a large geological database covering Peru
• NI 43 - 101 compliant resource project in Peru
• Highly experienced and professional hands-on management team
• Dynamic and experienced exploration team

Please provide a comprehensive summary of the current capital structure (to include all shares, warrants with strike prices and term, and any other convertible instruments)

How much cash do you have currenlty available?

CAD$3 million approximately

What are your plans for future equity issues, and the timing of any?

The Company has just closed a $2.78 Million Private Placement.  

Have there been any substantial shareholder changes recently?

No.

Properties:

What is the level of progress of each property?

At Colquipucro, a Phase 1 drill program and an Initial NI 31 - 101 compliant resource calculation have been completed.  Permitting for Phase 2 drill program has been received.  Further geochemical surface work and geological mapping have been undertaken on other areas of the project identifying further areas of surface mineralization.  A geophysical induced polarization survey was completed on the Ayawilca zone identifying further drill targets.

At Tibillos, geological surface mapping has been completed.  A geophysical induced polarization survey was completed in December 2010 identifying drill targets which will be subject to an initial drill program in 2011.

Have there been any significant drilling results?

Yes, the Phase 1 drill program completed at Colquipucro in Peru where results included intersections of 60m grading 135 g/t silver, 44m grading 95 g/t silver, 8m grading 551 g/t silver and 12m grading 4.4% zinc results at Zone 1 include intersections of 60m grading 135 g/t silver, 44m grading 95 g/t silver, 8m grading 551 g/t silver and 12m grading 4.4% zinc (see press releases dated August 28, October 2 and December 12, 2007).

Are there other drill programs planned?

Yes, the Phase 2 drill program at Colquipucro. A 50-hole permit was issued in November 2009.  Since then the Company has lodged a modification to that permit for a further 8 holes to test the Ayawilca zone.  All conditions have been met and the Company has received final approval.   A drill contractor has been retained to undertake a diamond drill program.

What is the current 43-101 resource?

Colquipucro:   Inferred resource of 5,669,853 tonnes averaging 111.4 g/t Ag for a total of 20,311,120 troy ounces of Ag.  Full report can be viewed in the project section of this website.

What is the current inferred resource (on any other globally accepted measure)?

See above.

What are the future work programs?

• Phase 2 drill program at Colquicupro and further geochemical surface exploration on other areas of the project, Peru.
• Detailed geological mapping to determine if there are other targets, similar to the two already identified at Colquipucro.
• Initial drill program at Tibillos.

Are there any other developments (new properties, new partners, etc.)?

The Company is constantly reviewing the opportunity for new projects to add to its existing portfolio.