Tinka Announces the Approval of Its Environmental Impact Assessment for Its 100% Owned Ayawilca Project, Located in West-Central Peru

VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 23, 2013) - Tinka Resources Limited (the "Company"), (TSX VENTURE:TK)(PINKSHEETS:TKRFF)(FRANKFURT:TLD), announces that it has received from the General Bureau of Environmental Affairs ("DGAAM") of the Ministry of Energy and Mines ("MINEM") of Peru, the Directoral Resolution N° 263-2013-MEM/AAM dated July 19^th, 2013, approving the Company's Environmental Impact Assessment ("EIA") for the proposed drill program on its Ayawilca zinc project located in the San Pedro de Pillao district, province of Daniel Alcides Carrion, Pasco Department.

The EIA submitted to and approved by the authorities is categorized as an EIAsd (Environmental Impact Assessment, semi-detailed) and allows the Company to include in its drill program more than 20 platforms. The Company is pleased with the approval of the EIA for Ayawilca which comes as a result of many months of committed and detailed work performed by its Peruvian management, staff members, consulting team and project stakeholders. The EIA has been approved for a period of 30 months.

Said Mr. Carter, President & CEO, "This is a strategic development for the Company and it now allows us to advance Ayawilca with a second expanded drill program. In addition to the EIA, the Company has just completed, and will submit its water study to the local water authority - ALA Pasco - early next week and as a result complete all the permitting requirements needed to proceed with the next phase drill program at Ayawilca."

The qualified person for the Company's projects, Mr. John Nebocat (P.Eng.), V.P. of Exploration for the Company, has reviewed and approved the contents of this news release.

About Tinka Resources Limited (TSX VENTURE:TK)(PINKSHEETS:TKRFF)(FRANKFURT:TLD): Tinka is a junior resource acquisition and exploration company. Tinka's focus is on its 100% owned Colquipucro and Ayawilca projects located in the highly mineralized silver-lead-zinc belt of Central Peru.

On behalf of the Board,

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 available to the Company's management as of the date of this news release. 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 including local communities and landholders, 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.

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