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Tumi Resources Limited - Tumi Resources Commences Drilling at Phoenix in Sonora, Mexico
Tumi Resources Limited - Tumi Resources Commences Drilling at Phoenix in Sonora, Mexico.
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[{"type":"text","content":"\n\n\n\nTSXv - TM\n\n\nFrankfurt - TUY\n\n\nOTCBB - TUMIF\n\n\nVANCOUVER, April 2 /CNW/ - Tumi Resources Limited (the "Company")\n(TSXv-TM; OTCBB - TUMIF; Frankfurt - TUY). David Henstridge, President & CEO\nof Tumi, announces the start of a minimum 1,000m 14-hole reverse circulation\ndrill program at its 100%-owned Phoenix claim, located southwest of Caborca in\nSonora, Mexico.\n\n\nFor the past few months the Company has undertaken a systematic gridding\nand rock/soil sampling program on the Phoenix claim, searching for bulk\ntonnage gold/silver mineralization. Phoenix is underlain by Mesozoic volcanic,\nsedimentary and intrusive rocks covered by a young, gently dipping alluvial\nplain. An area roughly three km east-west by three km north-south has been\ngridded, from which 3,120 samples have been taken. The lines are spaced either\n50m or 100m apart with stations every 20m along the lines. Most of the samples\nwere taken from rock as the soil cover was sparse and poorly developed.\n\n\nMulti-element ICP analyses of the samples have shown strongly anomalous\narsenic, silver, lead, zinc, and to some extent antimony, which appears to\ncorrelate with hematite and carbonate altered horizons. These horizons seem to\nparallel the sedimentary and volcanic stratigraphy that trends\nnorthwest-southeast and dips gently to moderately southwest. Gold has not been\nanalyzed in these samples for cost purposes; it has been demonstrated from\nprevious sampling that gold has a strong correlation with the elements\nmentioned above. It is believed that up to five distinct horizons exist over a\nstrike length of up to 2 1/2km; these horizons remain open to the southeast.\n\n\nIn the southwest corner of the grid, anomalous geochemistry coincides\nwith a granitic body exposed over an area 400m by 700m. Numerous old workings\ndisplay a stockwork-style of fracturing and mineralization that has been\noverprinted by discrete higher-grade veins. These high grade veins were\nexploited by individuals known as "gambosinos".\n\n\nMr Henstridge noted that the exploration "has defined a large, low-grade\nprecious metal system within our Phoenix concession. This style of\nmineralization is common in Sonora, including La Herradura, La Choya and San\nFrancisco mines as well as the Lluvia de Oro, La Jojoba and El Chanate\ndeposits. We...