TSXV - TM
Frankfurt - TUY
Pink Sheets - TUMIF
VANCOUVER, April 5, 2012 /CNW/ - Tumi Resources Limited (the "Company") (TSXV-TM; Pinksheets - TUMIF; Frankfurt - TUY). Mr. David Henstridge, President, announces that results have been received for an initial diamond drill program completed at La Gloria gold-tungsten-tin skarn prospect. La Gloria is located about 250 km by road east of Hermosillo, Sonora and is held within two contiguous mineral claims totalling 200 hectares optioned from a private Mexican owner.
Six holes were drilled, totalling 671.3 m and ranging in depth from 81.5 m to 148.65 m. All holes Intersected intervals of skarn and sulphides and terminated in marble. The most significant results are listed in the table below. These initial holes were drilled on a widespread basis to help understand the distribution of mineralization within the mapped area of the skarn zone. Holes 1 to 4 and hole 6, that was drilled at a steeper angle under hole 3, intersected the central to footwall part of the skarn and yielded patchy gold, tin and tungsten values. However, hole 5, which was collared close to the footwall part of the skarn, gave good grades. Further work needs to be undertaken in the vicinity of hole 5 to determine if the intersected mineralization continues and warrants further drilling. Detailed mapping of this potential area has commenced.
Mr. Henstridge stated: "The discovery of significant gold, tungsten and tin mineralization within hole 5 at La Gloria skarn is very encouraging and detailed mapping is underway to determine if the zone of interest is sufficiently extensive to justify a second phase of drilling."
La Gloria Diamond Drill Hole Results
|Hole Number||Coordinates||Elevation (m)||From (m)||To (m)||Interval (m)||Gold (g/t)||Tungsten (ppm)||Tin (ppm)|
|LG- DDH5|| 676,824E
QC Statement: All diamond drilling has been performed under the direct supervision of, and logged and split by a Company geologist. Sampling was done mostly on two metre intervals but sometimes on the basis of geological boundaries. Split samples were transported to ALS Chemex Laboratory in Hermosillo, Mexico for assay. Gold was determined by fire assay and all samples were assayed for 35 elements by ICP. For accuracy, all tin analyses were determined by XRF and hole 5 samples were re-assayed for tungsten by XRF for better accuracy. Analytical standards were routinely introduced in the sample suites sent to the laboratory.
The qualified person for Tumi's projects, David Henstridge, a Fellow of the Australasian Institute of Mining and Metallurgy and a Member of the Australian Institute of Geoscientists, has visited the La Gloria gold-tungsten-tin project, Sonora, Mexico 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, 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.
For further information:
Mariana Bermudez at (604) 699-0202
or email: [email protected]
Investor Information Contact:
Nick L. Nicolaas at (604) 657-4058
or email: [email protected]