TSXv - TM
Frankfurt - TUY
OTCBB - TUMIF
VANCOUVER, Sept. 28 /CNW/ - Tumi Resources Limited ("Tumi" and/or the
"Company") (TSXv-TM; OTCBB - TUMIF; Frankfurt - TUY). David Henstridge,
President, is pleased to announce the completion of a deep penetrating, pulse
electromagnetic (PEM) ground geophysical survey (the "Survey") over the
Company's wholly-owned Sala property located in the Bergslagen District,
Sweden. Approximately 44 line kms of detailed geophysical recordings were
collected.
Sala, now a historical mine site, was Europe's largest silver producer
since the 16th Century; it ceased production in the early part of the 20th
Century. Historical records show it was likely that greater than
200 million ozs of silver were recovered from Sala with grades as high as
7,000 g/t. The sulphide ore is hosted dominantly in limestone and dolostone.
The host rocks have been folded and faulted with the underlying metamorphosed
felsic volcanics and pyroclastics. The series of shafts along the Sala
orebodies trend more or less in a north-south direction, apparently controlled
by fault structures. Longitudinal sections indicate that the ore zone at Sala
(as indicated by mined-out workings) plunges gently to the north.
There is a strong possibility that there are other mineralized horizons
at depth, along strike or in parallel structures that do not come to surface.
A large portion of the property south of the historic mines is in flat-lying
land with little exposure; the limestone/volcanic contact zone has been
projected into this area. As the Sala mineralization is conductive, the ground
PEM survey will locate any undiscovered mineralization within the field. The
data collected from the ground EM survey is currently being processed by the
geophysical contractor and results will be available soon. The Company has
made arrangements with a drill company to be available to immediately drill
any defined EM targets.
The qualified person for Tumi's projects, David Henstridge, a Fellow of
the Australian Institute of Mining and Metallurgy and a Member of the
Australian Institute of Geoscientists, has visited the Sala project in the
Bergslagen District, Sweden, and has verified the contents of this news
release.
On behalf of the Board,
"David Henstridge"
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David Henstridge, President & CEO
Forward Looking Statements
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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 nor
the Frankfurt Deutsche Boerse have reviewed the information contained herein,
and, therefore, do not accept responsibility for the adequacy or the accuracy
of this release.
