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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: TheBusDriver who wrote (45005)	7/16/2007 3:48:30 PM
From: loantech	Read Replies (1) of 78409

TK news is out. Three more weeks to sweat it out. <G> Tinka Resources drills three holes at Colquipucro 2007-07-16 12:43 ET - News Release Mr. Andrew Carter reports TINKA UPDATES COLQUIPUCRO DRILL PROGRAM, PERU Tinka Resources Ltd. has provided a progress report on the diamond drill exploration program currently under way at the company's 100-per-cent-owned Colquipucro silver project, west-central Peru. The diamond drill program will consist of 11 holes totalling approximately 2,000 metres. Eight holes will target the known surface and underground mineralization. Previous sampling along the adit identified that the banded sandstone host rock is strongly mineralized in part. There were significant intercepts, and sampling returned results such as 25 metres of 171 grams per tonne (g/t) silver and eight m of 253 g/t silver and at surface, channel sampling returned results such as eight m of 145 g/t silver, 10 m of 130 g/t silver and 17 m of 88 g/t silver. In addition, three holes will target chargeable anomalies identified by the induced polarization survey completed in February, 2007. To date, the company has completed three drill holes which have targeted the known surface and underground mineralization along one section line on the western edge of the project. Samples from the first three drill holes are being split and prepared for assay. First results are expected in the next three weeks. Drilling has been slow due to mechanical drill problems and in places, highly fractured rock, however, the company is optimistic that the drill rig will now perform satisfactorily and has commenced hole four. The company's qualified person as defined in National Instrument 43-101, John Nebocat (PEng), has reviewed and approved the contents of this press release. We seek Safe Harbor.

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