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Re: News Release - Friday, January 18, 2008
Inca Pacific Files Magistral Final Feasibility Study On SEDAR
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Vancouver, British Columbia, January 18, 2008 - Inca Pacific Resources
Inc. (TSX-V: IPR) is pleased to announce that the Final Feasibility
Study ("FFS") for its 100% owned Magistral copper-molybdenum project
located in Ancash, Peru has been filed on SEDAR.

Inca Pacific commissioned Samuel Engineering Inc. (SE) to provide a
final feasibility study of the Magistral Project and an independent
Qualified Person's review and technical report. Richard Kunter, QP,
FAus, IMM (CP), an SE metallurgical engineer, served as the Qualified
Person responsible for the preparation of this technical report as
defined in National Instrument 43-101, Standards of Disclosure for
Mineral Projects, and in compliance with Form 43-101F1 (the Technical
Report).

The FFS is available on Inca Pacific's website (www.incapacific.com)
and SEDAR (www.sedar.com).

INCA PACIFIC RESOURCES INC.

Signed: "Anthony Floyd"
President and Director For further information contact: Bill
Galine
Investor Relations
Phone: 604-662-3922
Email: bgaline@incapacific.com



The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.

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Copyright (c) 2008 INCA PACIFIC RESOURCES INC. (IPR) All rights
reserved. For more information visit our website at
http://www.incapacific.com/ or send mailto:contact@incapacific.com
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