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Tumi Resources Stakes the Silverhyttan Silver-Lead Exploration Prospect, Bergslagen District, Sweden
Tumi Resources Stakes the Silverhyttan Silver-Lead 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, March 22 /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 Silverhyttan \n(550 hectares) Exploration Prospect within the Bergslagen district of south-\ncentral Sweden. The Silverhyttan application has been confirmed by the Swedish\nMining Inspectorate and is expected to be soon granted for an initial period\nof 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 Silverhyttan prospect is located 30 kms south of the town of\nHallfors, central Sweden. The host rocks in the area are dolomite and at the\nsouthern end of the prospect area silver-lead sulphide mineralization has been\nrecorded. Regional airborne magnetic data indicates that the Silverhyttan\nmineral occurrence appears roughly aligned with a northwest to southeast\ntrending magnetic high feature which can be traced for a minimum two\nkilometers. As the rock types recorded at Silverhyttan are known hosts to\neconomic mineralization elsewhere, the trend of this prospective unit will be\nthe focus of the Company's initial exploration program within the licence\narea.\nThe qualified person for the Silverhyttan Project, David Henstridge, a\nFellow of the Australian Institute of Mining and Metallurgy and a Member of\nthe Australian Institute of Geoscientists, has verified the contents of this\nnews release.\n\nOn behalf of the Board,\n\n\"David Henstridge\"\n---------------------------------\nDavid Henstridge, President & CEO\n\nForward Looking Statements. This Company Press Release contains certain\n\"forward-looking\" statements and information relating to the Company that are\nbased on the beliefs of the Company's management as well as assumptions made\nby and informat...