IPR Inca Pacific Resources

Inca Pacific Resources Inc. (TSX VENTURE:IPR) is pleased to announce that a
letter of award has been issued to Bateman Engineered Technologies for the
supply of one ball mill for the Magistral Copper-Molybdenum Project (the
"Magistral Project"), situated in Ancash, Peru. This critical order has been
placed now so that the equipment can be delivered to site no later than
September 2010. 


Inca Pacific is currently evaluating the purchase of either a Semi Autogenous
Grinding ("SAG") mill or a High Pressure Grinding Roll mill ("HPGR") for the
Magistral Project. Early indications from test work suggest that HPGR technology
will work well at Magistral. Operating costs and delivery times for HPGR mills
are currently better than SAG mills. In addition, the HPGR technology may offer
advantages in plant capacity and process recoveries. Inca Pacific expects to
decide which grinding technology is most appropriate for the Magistral Project,
and finalize negotiations with a vendor of the selected technology within 45
days.


Anthony Floyd, President and CEO said, "We are very pleased to be placing this
long lead-time order while we wait to receive approval of our Environmental and
Social Impact Assessment as well as many other key permits. We believe that
working on multiple critical path matters at the same time is essential to keep
the Magistral Project on schedule."


Magistral involves the development of a 20,000 tonnes per day open-pit mine and
concentrator operation that will produce separate copper and molybdenum
concentrates over a 15-year period. Please see Inca Pacific's technical report
on the property for a detailed discussion of the project including critical
assumptions, risks and sensitivities. The report is available on the Company's
website and on SEDAR at www.sedar.com. 


CAUTION REGARDING FORWARD LOOKING STATEMENTS:

This news release contains "forward-looking statements" within the meaning of
the United States Private Securities Litigation Reform Act of 1995 and
applicable Canadian securities legislation. Forward-looking statements include,
but are not limited to, statements with respect to the future price of copper,
molybdenum and silver, the timing of exploration activities, the mine life of
the Magistral Project, the economic viability and estimated internal rate of
return of the Magistral Project, the estimation of mineral resources, the
results of drilling, estimated future capital and operating costs, future
stripping ratios, projected mineral recovery rates and Inca Pacific's commitment
to, and plans for developing, the Magistral Project. Generally, these
forward-looking statements can be identified by the use of forward-looking
terminology such as "plans", "expects" or "does not expect", "is expected",
"budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or
"does not anticipate", or "believes", or variations of such words and phrases or
state that certain actions, events or results "may", "can", "could", "would",
"might" or "will be taken", "occur" or "be achieved". Forward-looking statements
are subject to known and unknown risks, uncertainties and other factors that may
cause the actual results, level of activity, performance or achievements of Inca
Pacific to be materially different from those expressed or implied by such
forward-looking statements. The FFS includes a detailed discussion of the risks
and assumptions underlying such forward-looking statements including but not
limited to: risks related to the exploration and potential development of the
Magistral Project, the risk that project financing may not be available on
acceptable terms or at all, risks related to international operations, the
actual results of current exploration activities, conclusions of economic
evaluations, changes in project parameters as plans continue to be refined,
future prices of copper, silver and molybdenum. Although Inca Pacific has
attempted to identify important factors that could cause actual results to
differ materially from those contained in forward-looking statements, there may
be other factors that cause results not to be as anticipated, estimated or
intended. There can be no assurance that such statements will prove to be
accurate, as actual results and future events could differ materially from those
anticipated in such statements. Accordingly, readers should not place undue
reliance on forward-looking statements. Inca Pacific does not undertake to
update any forward-looking statements that are incorporated by reference herein,
except in accordance with applicable securities laws.


INCA PACIFIC RESOURCES INC. 

Anthony Floyd, President and Director

Standard & Poor's Listed

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