Tumi Resources Limited Completes Initial Drill Programs At Mezquite, Mexico, And Tomtebo, Sweden
At Mezquite, six holes totaling 980 m tested four chargeable zones defined by a three dimensional IP survey as well as one hole each under the main pit and shaft in the centre of the Mezquite mineralized area (see press release dated March 7, 2011). The drilling confirmed the IP anomalies, intersecting wide zones of veinlet quartz with enveloping hematite and fine sulphides. Sampling of the drill cuttings has been completed, and the samples have been submitted to ALS Chemex's prep lab in Hermosillo, Sonora, Mexico.
Field crews will now focus on rehabilitating road access into the La Gloria gold-tin-tungsten prospect. Once completed, the mineralized area will be mapped and sampled in detail and when results are received, an initial reverse circulation drill program will be planned and undertaken.
At Tomtebo, two diamond drill holes totaling 227.3 m have been completed, exploring the old workings and a previously untested electromagnetic (EM) and induced polarisation (IP) anomaly. The drilling has confirmed the geophysical anomalies, and the core is now being logged and sampled for assaying. The drill is being relocated to Vitturn, also located in the Bergslagen District, to test the 400 m long IP target previously defined in this licence area.
Mr. Henstridge stated: "Our 2011 drill programs are on track. The drill programs in Mexico at Mezquite and Tomtebo were completed on schedule and on budget and in Sweden the rig is moving to Vitturn where we will test the large IP anomaly. In Mexico at our La Gloria project we have initiated a detailed mapping and sampling program which will continue for approximately one month at the completion of which this project will also be ready for drilling."
The qualified person for Tumi's projects, David Henstridge, a Fellow of the Australasian Institute of Mining and Metallurgy and a Member of the Australian Institute of Geoscientists, has visited the Mezquite silver-zinc-lead project, Sonora, Mexico and the Tomtebo prospect, Sweden and 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.
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or email: mbermudez@chasemgt.com
website: www.tumiresources.com
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Mining Interactive
Nick L. Nicolaas at (604) 657-4058
or email: nick@mininginteractive.