IPR Inca Pacific Resources

Inca Pacific Resources Inc. (TSX VENTURE: IPR) ("Inca Pacific" or the "Company") is pleased to announce that David L. Miles has been appointed Chief Financial Officer of the Company replacing John Watt who has resigned his position.

Mr. Miles is a Chartered Accountant with a B.Sc. in Geology who has over 20 years experience in a large multinational corporate environment, primarily with Cominco Ltd. While with Cominco, he held various positions in corporate finance and was most recently Exploration Controller, responsible for the financial reporting of the corporation's eight international exploration subsidiaries as well as reporting for Canadian based exploration. From 2002 to 2004, Mr. Miles was the corporate controller for Quest Capital Corp. (formerly Viceroy Resource Corporation). Mr. Miles is currently the CFO of Esperanza Silver Corporation, Nevgold Resource Corp., Lara Exploration Ltd. and Colombian Mines Corporation.

The Company would like to thank Mr. Watt for his contribution to the growth and development of Inca Pacific.

The Company also announces that pursuant to the Company's Stock Option Plan, 242,500 incentive stock options exercisable at $0.19 per share for a period of five years have been granted to certain officers, employees and consultants.

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. Julia Maxwell Investor Relations 604-687-3727 www.incapacific.com