IPR Inca Pacific Resources

Inca Pacific Resources Inc. (TSX VENTURE: IPR) reports that it has entered into a contract with BNB Valores Peru Solfin S.A., a Peruvian brokerage firm, to act as its new sponsor in accordance with the provisions of the venture capital regulations of the Lima Stock Exchange. BNB Valores Peru Solfin S.A. is a subsidiary of Banco Nacional de Bolivia S.A., one of the leading private commercial banks in Bolivia.

About Inca Pacific

Inca Pacific is a mineral exploration company with an experienced team dedicated to preserving its rights and investment in the Magistral Project, seeing the Magistral developed, and evaluating additional opportunities in the Magistral district.

INCA PACIFIC RESOURCES INC.

Michael D. Winn, CEO & Director

Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

Contacts: Inca Pacific Resources Inc. Kim Casswell Corporate Secretary 604 687-3727 www.incapacific.com