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TUMI RESOURCES PROPERTY ACQUISITION



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** NEWS RELEASE ------------------------------------------------------------
** Property Acquisition ------------------------------------------------------------ May 7, 2014 Vancouver, Canada – Tumi Resources Limited (the “Company”) (TSXV: TM) (OTCPK: TUMIF) (Frankfurt: TUY). Scott Emerson, President & CEO, announces that the Company has entered into an agreement to acquire 100% interest in 11 unpatented claims covering the Ajax Gold Mine and the West Ajax Gold Prospect (The “Ajax Mine”) from two private arm’s length corporations.

The Ajax Mine is located in a historic mining district on the Continental Divide between Idaho and Montana approximately 35 kilometers southwest of Wisdom, Montana.

The property is accessible by a forestry gravel road from the Montana side of the Continental Divide.

The Ajax Mine area is currently held by five unpatented claims on the Montana side of the Divide and six unpatented claims on the Idaho side, comprising a contiguous claim block area of approximately 220 acres. Under the terms of the agreement, the Company is required to make cash payments totaling US $825,000 over a period of seven years.

The initial payment of $75,000 is due upon TSX Venture Exchange (TSXV) approval with the second $75,000 installment required six months afterwards.

Over the next three consecutive years further $75,000 payments are required and at the end of years four, five, and six, the Company must make payments of $100,000, $150,000 and $200,000, respectively.

There is a discovery bonus payment in year seven of up to US$9,175,000 calculated as to US $5.00 per ounce of gold as verified by an independent Canadian NI43-101 report. The Ajax Mine, discovered in 1874, is a historic producer of high-grade precious metals, dating back to the early 1880’s.

Most production came from the Montana side from four crosscut adits located above Ajax Lake on the north facing slopes of Ajax Mountain, where an aerial tramway transported the ore to a nearby mill.

The Ajax Mine was fully reclaimed once the historic operations terminated and there is no environmental reclamation obligations associated with the property. The last recorded exploration work at the Ajax Mine dates back to the 1970’s and early 1980’s.

Company geologists are continuing to review the old historical mine records and sampling undertaken in more recent times and compiling data on the Ajax Mine which includes trench sampling and a drill program.

Further information will become available when this compilation is complete. The qualified person for Tumi’s projects, Mr.

Anders Hogrelius, a Member of the Australian Institute of Geoscientists, has reviewed the historic Ajax Mine reports and has verified the contents of this news release.
On behalf of the Board, "Scott Emerson" Scott Emerson, President & CEO Company Contact: Scott Emerson at 604-668-5909 email: (mailto:) website: www.tumiresources.com 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.
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