🕐06.11.09 - 00:02 Uhr
TUMI DISCOVERS TWO NEW DRILL TARGETS AT JONSMOSSEN, SWEDEN
Dear Investors, Brokers and Friends:
I am pleased to report that the Company has discovered two new drill targets
within the 100%-owned Jonsmossen licence area in Bergslagen, Sweden.
A
thorough analysis of the data from an airborne EM survey completed in March
2009 has revealed the existence of two significant anomalies in a
prospective stratigraphic horizon, extending from ground level to more than
100m below the surface.
A surface inspection of the area has revealed the
absence of anthropogenic (cultural) causes for the anomalies suggesting that
they may be caused by conductive minerals below the ground surface.
Though
Sala remains one of our key properties, the recent discovery of the
Jonsmossen EM anomalies shows that our exploration philosophy is sound and
that our claims provide a solid base for further exploration in the
Bergslagen district.
Below you will find todays news release for further details.
Regards,
David Henstridge
President & CEO
TUMI RESOURCES LIMITED
News Release
November 5, 2009
TUMI DISCOVERS TWO NEW DRILL TARGETS AT JONSMOSSEN, SWEDEN
Vancouver, Canada Tumi Resources Limited (the Company) (TSXV-TM; Pink
Sheets TUMIF; Frankfurt - TUY).
David Henstridge, President, reports that
the Company has discovered two new drill targets within the 100%-owned
Jonsmossen licence area in Bergslagen, Sweden.
In March the Company reported
that it had received the final results from the airborne EM survey performed
by the Danish company SkyTEM (see press release dated March 26, 2009).
A
thorough analysis of the data has revealed the existence of two significant
EM anomalies in a prospective stratigraphic horizon, extending from ground
level to more than 100m below the surface.
A surface inspection of the area
has revealed the absence of anthropogenic (cultural) causes for the
anomalies suggesting that they may be caused by conductive minerals below
the ground surface.
The Jonsmossen licence is located at the southern end of the well known
Stollberg historic mineral field and has a similar geological setting, where
numerous deep, abandoned silver and base metal mines are found along a
north-south trending belt over a distance of 12km.
Production records
indicate that the historic Stollberg mine produced 3.7 million tons of
lead-zinc-silver ore until its closure in 1981.
An induced polarization (IP) survey completed in May 2008 near the northern
end of the Stollberg field revealed the existence of a coincident high
chargeable-low resistivity body on the Companys 100%-owned Vitturn licence
area (see press release dated June 3rd, 2008) and an IP survey is currently
being planned for this area to further delineate any drill targets.
The
chargeability anomaly map of the Vitturn area may be reviewed on the front
page of the Companys website: www.tumiresources.com
.
Says David Henstridge, President & CEO: It is encouraging to see that
Tumis exploration strategy has worked so well in Sweden and that we have
been able to locate four very promising exploration targets even though we
are a small company with a limited budget.
Though Sala remains one of our
key properties, the recent discovery of the Jonsmossen EM anomalies shows
that our exploration philosophy is sound and that our claims provide a solid
base for further exploration in the Bergslagen district.
The Vitturn project
is drill ready along with a drill target in our Tomtebo licence and
Jonsmossen is awaiting further geophysical surveys.
We will move ahead with
all of our Swedish projects as soon as suitable financing has been
arranged.
The qualified person for Tumis projects in Sweden, Anders Hgrelius, a
Member of the Australian Institute of Geoscientists has visited all of the
Swedish properties in the Bergslagen District of Sweden, and has verified
the contents of this news release.
On behalf of the Board,
"David Henstridge"
David Henstridge,
President & CEO
Company Contact:
Mariana Bermudez at (604) 699-0202
or email:
website: www.tumiresources.com
Investor Information Contact:
Mining Interactive
Nick L.
Nicolaas at (604) 657-4058
or email:
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 Companys management as well as assumptions
made by and information currently available to the Companys 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, its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange), nor the
Frankfurt Stock Exchange accepts responsibility for the adequacy or accuracy
of this news release.