VANCOUVER, March 21 /CNW/ - Tumi Resources Limited ("Tumi" and/or "the
Company") (TSXv-TM; OTCBB - TUMIF; Frankfurt - TUY). David Henstridge,
President of Tumi, announces the completion of the Phase 2 reverse circulation
(RC) drill program at its La Trini silver-gold project in Mexico, where the
Company has the right to earn a 100% interest. Twenty drill holes were
completed totaling 2,768m.
In September 2005, the Company announced the results of an initial 15
hole reverse circulation drill program focused on the central 200m strike
length of a rhyolite porphyry host. Surface, underground and drill evidence
suggests that the porphyry that hosts the disseminated silver/gold
mineralization is an intrusive rather than a volcanic. The rhyolite dips
shallowly to the north and has been traced over a distance of 1 km east-west
and remains open both along strike and down dip.
Fourteen of the Phase 1 drill holes intersected mineralization. Using a
cut-off grade of 30 g/t silver, composite results ranged from a minimum width
of 2m to a maximum of 38.6m, with a best result of 18.3m at a grade of 150 g/t
silver and 3.1 g/t gold in drill hole TRRC-06 (see press release dated
September 29, 2005). Within an area 200m east-west by 100m north-south, the
holes intersected silver/gold mineralization over an average 14m thickness;
the mineralization remains open both along strike and down-dip. Under the
Phase 2 RC drill program, 11 holes totaling 1,953m have been completed in this
zone extending the drilled area to about 300m east-west by 400m north-south.
Samples have been submitted to International Plasma Labs Ltd. in Vancouver,
Nine holes totaling 815m were also drilled in a number of areas up to
900m west and 600m east of the mineralized area to test the extensions of the
rhyolite host rock.
The drill rig has been demobilized from La Trini and is being relocated
to Tumi's 100%-owned Phoenix gold-silver prospect in Sonora. An initial
14-hole RC drill program is scheduled at Phoenix.
The qualified person for Tumi's projects, David Henstridge, a Fellow of
the Australian Institute of Mining and Metallurgy and a Member of the
Australian Institute of Geoscientists, has visited the La Trini project area
and has verified the contents of this news release.
On behalf of the Board,
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 nor
the Frankfurt Deutsche Bvrse have reviewed the information contained herein,
and, therefore, do not accept responsibility for the adequacy or the accuracy
of this release.
For further information:
For further information: Company Contact: Mariana Bermudez at (604)
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Investor Information Contact: Mining Interactive, Nick L. Nicolaas at (604)
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