Tumi reports very successful metallurgical test program on La Trini Silver-Gold-Tellurium deposit, Jalisco, Mexico

TSXV - TM

Frankfurt - TUY

Pink Sheets - TUMIF

VANCOUVER, Nov. 23, 2011 /CNW/ - Tumi Resources Limited (the "Company") (TSXV : TM) (Pinksheets : TUMIF) (Frankfurt : TUY).  Mr. David Henstridge, President, announces that metallurgical test work has been completed on two different types of mineralization testing for metal recovery by flotation and cyanidation. The work was undertaken by Mountain States R&D International Inc. (MSI) of Vail, Arizona. This program was a result of the Company's decision to reactivate work on the La Trini resource due to the significant increase in the price of gold and silver over the last few years (see press release dated June 29, 2011).

Between December 2005 and October 2007 the Company undertook three reverse circulation drill programs at La Trini. At the completion of analyses of all Phase 3 drill holes, a resource calculation was undertaken by an independent qualified geologist in keeping with NI 43-101 requirements.  Current resources are:

Category Ag
Cut-
off
(g/t)
Tonnes Avg.
Grade
Ag (g/t)
Avg.
Grade
Au
(g/t)
Troy
Ozs
Ag/Short
Ton
Troy
Ozs
Au/Short
Ton
Total
Ozs
Silver
Total
Ozs
Gold
Indicated 30 1,661,359 121.3 0.88 3.54 0.026 6,480,000 46,900
Inferred 30 192,880 98.6 0.92 2.88 0.027 611,400 5,700

MSI tested 25 kg from each of two different mineral types - near surface oxidized and primary sulphide.  Samples selected were reject coarse crush material from two reverse circulation drill holes TRC-43 and TRC-48.  Head grades as assayed by MSI were 300 g/t silver and 0.63 g/t gold  for the oxidized sample and 90 g/t silver and 1.96 g/t gold for the sulphide sample.  Both samples were tested by MSI for metal recovery by flotation and cyanidation.

MSI reported that the results of both tests were very favourable.  In the flotation test, with the samples crushed to 270 mesh, silver and gold recovery for two separate tests averaged 93.5% and 60.1% for the oxidized sample and 80.3% and 61.8% for the sulphide sample respectively.  Even more promising, the cyanidation test-work, over a period of 96 hours, with a sample of each mineral type crushed to 200 mesh, gave an average silver and gold recovery of 96.5% and 94.2% for the oxidized sample and 89.3% and 87.8% for the sulphide sample respectively.

Mr Henstridge stated: "These results are a very important step forward as both metallurgical techniques show excellent silver and gold recoveries on both mineral types and point to easy metal recovery in any mining operation by conventional processing techniques.  The Company will continue quickly down the path towards a scoping study with a three dimensional induced polarization over the Trini claim to seek further drill targets and close-spaced drilling to 75m depth over the known mineralized zone."

On behalf of the Board,

"David Henstridge"
__________________________
David Henstridge, President & CEO

Forward Looking Statements This Company Press Release contains certain "forward-looking" statements and information relating to the Company that are based on the beliefs of the Company's management as well as assumptions made by and information currently available to the Company's management.  Such statements reflect the current risks, uncertainties and assumptions related to certain factors including, without limitations, competitive factors, general economic conditions, customer relations, relationships with vendors and strategic partners, the interest rate environment, governmental regulation and supervision, seasonality, technological change, changes in industry practices, and one-time events.  Should any one or more of these risks or uncertainties materialize, or should any underlying assumptions prove incorrect, actual results may vary materially from those described herein.

Neither the TSX Venture Exchange, its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange), nor the Frankfurt Stock Exchange accepts responsibility for the adequacy or accuracy of this news release.

 

 

SOURCE Tumi Resources Limited

For further information:

Company Contact:  
Mariana Bermudez at (604) 699-0202
or email: mbermudez@chasemgt.com
website: www.tumiresources.com
          Investor Information Contact: 
Mining Interactive
Nick L. Nicolaas at (604) 657-4058
or email: nick@mininginteractive.com

 

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Tumi Resources Limited

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