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Tumi Resources Limited - Tumi stakes base metal prospect near Falun, Sweden
Tumi Resources Limited - Tumi stakes base metal prospect near Falun, Sweden.
About this update from Kingsmen Resources Limited
[{"type":"text","content":"\n\n\n\nTSXv - TM\n\n\nFrankfurt - TUY\n\n\nOTCBB - TUMIF\n\n\nVANCOUVER, Sept. 4 /CNW/ - Tumi Resources Limited (the "Company")\n(TSXV-TM; OTCBB - TUMIF; Frankfurt - TUY). Mr David Henstridge, President,\nannounces the acquisition, through staking of the Blixbo nr 1 (581 hectares)\nexploration permit within the Bergslagen Mining District of south-central\nSweden. The Blixbo nr 1 claim application has been confirmed by the Swedish\nMining Inspectorate and is expected to be soon granted for an initial three\nyear period. Tumi holds a strong land tenure position in Bergslagen, being is\none Sweden's most important mining districts, and home to numerous historic\nand operating iron, manganese, base-metal and silver sulphide mines.\n\n\nThe Blixbo claim application is located 25km east-northeast of the town\nof Falun, central Sweden. The claim secures a massive sulphide horizon up to\ntwo meters in width, comprised of sphalerite, chalcopyrite and pyrite within a\nvolcanic host. Historical records indicate the site was first discovered in\nthe early 1950's, at which time a sample taken by Boliden assayed 33.8% Zn,\n0.8% Pb, 0.4% Cu, 175 ppm Ag, 0.4 ppm Au and 0.4% W. Two channel samples taken\nrecently by Tumi's geologists verified these high grades. A 1.5 metre wide\nchannel sample assayed 21.4% Zn, 1.8% Pb, 1.3% Cu, 131 ppm Ag and 2.3 ppm Au.\nA second 2 metre wide channel sample taken about 25 metres away from the first\nreturned 9.9% Zn, 1.3% Pb, 0.7% Cu, 85 ppm Ag and 0.2 ppm Au.\n\n\nHost rocks to sphalerite mineralization are 1.86 to 1.95 million years\nold felsic and mafic metavolcanic supracrustal rocks. The mineralization is\nlocated approximately five km south of what is believed to be a volcanic\ncenter where several massive intrusions of gabbro occur near the center of a\ncircular structure. Several historic base-metal mines are located in the\nimmediate vicinity, including the now closed Svardsjo mine, held under tenure\nby the Company. The region has undergone several phases of folding and has\nbeen intruded by at least two generations of granitoids.\n\n\nThe sequence of rocks mapped at Blixbo host significant economic\nmineralization elsewhere within the Bergslagen Mining District. Tumi's\nexploration program will begin with delineation of the mineralized horizon\nalong strike from the mineralized exposure u...