Vancouver, Canada – Tinka Resources Limited (“Tinka” or the “Company”) (TSXV & BVL: TK) (OTCPK: TKRFF) advises that one of its employees has tested positive to COVID-19 in Peru.The employee is recovering well in self-isolation at his home in Lima.Other Company employees who were in close contact with the affected employee, and their families, are also in self-isolation.

The Company has complied and is complying with all protocols with respect to the COVID-19 pandemic that have been established under the state of national emergency in Peru which was declared on March 15th, 2020. The camp at Ayawilca has been in lock-down since the state of national emergency was declared and all non-essential personnel were removed from site prior to the lock-down. The affected employee arrived to site from Lima on March 9th via public transport, and was one of a small group of essential employees maintaining the camp. The employee showed signs of breathing difficulties on March 21st, and was immediately evacuated by ambulance directly to Lima under strict biosecurity protocols, due to the added health risk of high altitude. He was tested for COVID-19 in Lima and has been in self-isolation since. He received a positive COVID-19 test result on March 24th.

The employee’s infection is not believed to be related to overseas travel by persons related to the Company. Tinka is working closely with the Ministry of Energy of Mines and the Pasco regional health agency to ensure that quarantine procedures are adequate for the Company’s remaining employees and nearby communities. The nearby communities were immediately notified of the situation and advised to take precautionary isolation measures where appropriate.

The President and CEO of Tinka, Dr. Graham Carman, stated: “The safety of our employees, their families, and our nearby communities is our highest priority.Tinka has a COVID-19 preparedness and response plan based on recommendations from relevant authorities. The drill program at Ayawilca for 2020 has not yet started, and there have been no drill rigs on site this year.The Company’s planned 2020 drill program will be delayed while the state of emergency and restrictions on travel remain in place.”

About Tinka Resources Limited

Tinka is an exploration and development company with its flagship property being the 100%-owned Ayawilca carbonate replacement deposit (CRD) located in the zinc-lead-silver belt of central Peru, 200 kilometres northeast of Lima. The Ayawilca Zinc Zone contains 11.7 Mt of Indicated Resources grading 6.9% zinc, 0.2% lead, 15 g/t silver and 84 g/t indium and 45.0 Mt Inferred Resources grading 5.6% zinc, 0.2% lead, 17 g/t silver and 67 g/t indium.A Preliminary Economic Assessment for the Ayawilca Zinc Zone was released on July 2, 2019 (see release).The Qualified Person, Dr. Graham Carman, Tinka’s President and CEO, and a Fellow of the Australasian Institute of Mining and Metallurgy, has reviewed and verified the technical contents of this release.

On behalf of the Board,

Graham Carman
Dr. Graham Carman, President & CEO
Investor Information:
Rob Bruggeman 1.416.884.3556
Company Contact:
Mariana Bermudez, 1.604.699.0202

Forward Looking Statements: Certain information in this news release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws (collectively “forward-looking statements”). All statements, other than statements of historical fact are forward-looking statements. Forward-looking statements are based on the beliefs and expectations of Tinka as well as assumptions made by and information currently available to Tinka’s management. Such statements reflect the current risks, uncertainties and assumptions related to certain factors including, without limitations, drilling results, the Company’s expectations regarding the Ayawilca Project PEA, changes in world metal markets, changes in equity markets, uncertainties relating to the availability and costs of financing needed in the future, equipment failure, unexpected geological conditions, imprecision in resource estimates or metal recoveries, success of future development initiatives, competition, operating performance, environmental and safety risks, delays in obtaining or failure to obtain necessary permits and approvals from local authorities, community agreements and relations, and other development and operating risks. 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. Although Tinka believes that assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein. Except as may be required by applicable securities laws, Tinka disclaims any intent or obligation to update any forward-looking statement.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release

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