TSXv - TM Frankfurt - TUY OTCBB - TUMIF VANCOUVER, March 22 /CNW/ - Tumi Resources Limited (the "Company") (TSXv-TM; OTCBB - TUMIF; Frankfurt - TUY). Mr. David Henstridge, President, is pleased to announce the acquisition, through staking, of the Silverhyttan (550 hectares) Exploration Prospect within the Bergslagen district of south- central Sweden. The Silverhyttan application has been confirmed by the Swedish Mining Inspectorate and is expected to be soon granted for an initial period of three years. The Bergslagen district lies immediately to the north-west of Stockholm and covers an area of approximately 200 kms east-west by 150 kms north-south. The district is underlain by volcanics and sediments which are more than 2 billion years old. The region has undergone several phases of folding and has been intruded by at least two generations of granitoids. Bergslagen is a highly mineralized district and one of the most important ore districts in Sweden, containing deposits of iron, manganese, base-metal and silver sulphides. The Silverhyttan prospect is located 30 kms south of the town of Hallfors, central Sweden. The host rocks in the area are dolomite and at the southern end of the prospect area silver-lead sulphide mineralization has been recorded. Regional airborne magnetic data indicates that the Silverhyttan mineral occurrence appears roughly aligned with a northwest to southeast trending magnetic high feature which can be traced for a minimum two kilometers. As the rock types recorded at Silverhyttan are known hosts to economic mineralization elsewhere, the trend of this prospective unit will be the focus of the Company's initial exploration program within the licence area. The qualified person for the Silverhyttan Project, David Henstridge, a Fellow of the Australian Institute of Mining and Metallurgy and a Member of the Australian Institute of Geoscientists, has verified the contents of this news release. On behalf of the Board, "David Henstridge" --------------------------------- David Henstridge, President & CEO Forward Looking Statements. 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 Borse have reviewed the information contained herein, and, therefore, do not accept responsibility for the adequacy or the accuracy of this release.
