Business
Tumi Resources Stakes the Hornkullen Silver-Gold Exploration Prospect, Bergslagen District, Sweden
Tumi Resources Stakes the Hornkullen Silver-Gold Exploration Prospect, Bergslagen District, Sweden.
About this update from Kingsmen Resources Limited
[{"type":"text","content":"\n\n\n\n\nTSXv - TM\nFrankfurt - TUY\nOTCBB - TUMIF\n\nVANCOUVER, Feb. 14 /CNW/ - Tumi Resources Limited (the \"Company\") \n(TSXv-TM; OTCBB-TUMIF; Frankfurt-TUY). Mr. David Henstridge, President, is\npleased to announce the acquisition, through staking, of the Hornkullen \n(1,437 hectares) Silver/Gold Exploration Prospect within the Bergslagen\ndistrict of south-central Sweden. The Hornkullen application has been\nconfirmed by the Swedish Mining Inspectorate and is expected to be soon\ngranted for an initial period of three years.\nThe Bergslagen district lies immediately to the north-west of Stockholm\nand covers an area of approximately 200 kms east-west by 150 kms north-south.\nThe district is underlain by volcanics and sediments which are more than\n2 billion years old. The region has undergone several phases of folding and\nhas been intruded by at least two generations of granitoids. Bergslagen is a\nhighly mineralized district and one of the most important ore districts in\nSweden, containing deposits of iron, manganese, base-metal and silver\nsulphides.\nThe Hornkullen prospect is located about 20 km southwest of the town of\nHallfors, central Sweden. Host rocks appear to be mostly skarns derived from\naltered tuffs and presumably interbedded carbonates. Records from 1646 and\n1647 show that only small amounts of silver (826 ozs) were produced. It is\nstated that the galena is argentiferous and that pyrite, pyrrhotite,\narsenopyrite, chalcopyrite and sphalerite are also present. An assay taken in\n1845, from a 0.9 m wide zone of galena ore, ran 79% lead and 775 g/t silver.\nA petrographic and regional exploration report from 1986 showed that dump\nsamples yielded some high gold values (0.6 ppm and 4 ppm) plus highly\nanomalous arsenic (10.7%). A drilling and regional geochemical report from\n1987 showed that three holes were drilled in 1986 and one in 1987. The targets\nappeared to be geophysical conductors (IP?), but the results were not\ndiscussed. A regional boulder sampling survey from within the property\nproduced some highly anomalous gold results, up to 3.4 ppm, as well as very\nhigh arsenic (up to 16.5%), anomalous antimony (up to 0.13%) and silver up to\n127 ppm.\nRegional airborne magnetic data indicates that the Hornkullen mineral\noccurrences are roughly aligned with narrow, curvilinear magnetic high\nfeature...