VANCOUVER, Jan. 3 /PRNewswire-FirstCall/ -- Tumi Resources Limited (the "Company") (TSXv-TM; OTCBB - TUMIF; Frankfurt - TUY). Mr. David Henstridge, President, is pleased to announce the completion of further survey work at La Trini silver/gold prospect, Jalisco, Mexico, extending the grid 700m to the west.
In September, the Company announced the results of an initial 15 hole reverse circulation drill program focused on the central 200m strike length of a rhyolite porphyry host. Surface, underground and drill evidence suggests that the rhyolite porphyry which hosts the disseminated gold/silver mineralization, is an intrusion rather than a volcanic. The rhyolite dips shallowly to the north have been traced over a distance of 1km east-west and remains open along strike and down dip.
Fourteen of the drill holes intersected mineralization. Using a cut-off grade of 30 g/t silver, composite results ranged from a minimum width of 2m to a maximum of 38.6m, with a best result of 18.3m at a grade of 3.1 g/t gold and 150 g/t silver in drill hole TRRC-6 (see press release dated September 29, 2005). Within an area of 200m by 100m the holes intersected disseminated gold/silver mineralization over an average 14m thickness, and the mineralization remains open both along strike and down-dip.
An induced polarization (IP) and resistivity survey, comprising 17 north- south traverses and centered on the known mineralization, has disclosed an extensive zone of chargeability and resistivity anomalies roughly parallel to the projection of the rhyolite porphyry. Several large and strong chargeability anomalies with coincident surface geochemical anomalies were defined in the survey outside of the drilled area and will be tested in the next drill program.
To better define the westerly extent of the mineralization, the grid has been extended 700m to the west and soil and rock chip samples have been collected at 25m intervals along lines spaced 50m apart. The previous geochemical survey yielded anomalous results in silver and other metals over a 500m length and remained open to the west. A total of 317 soil and rock chip samples were collected and submitted to Sonora Sample Preparation, S.A. de C.V., Hermosillo, Mexico, for preparation and will be forwarded to IPL International Plasma Labs in Vancouver, Canada, for multi-element determinations. This geochemical survey will help in determining the extent of silver-gold mineralization to the west of the known area and will aid in designing the next phase of drilling.
The qualified person for the La Trini project, David Henstridge, a Fellow of the Australian Institute of Mining and Metallurgy and a Member of the Australian Institute of Geoscientists, has visited the La Trini project area to see the sample sites and has verified the contents of this news release.
On behalf of the Board,
"David Henstridge"
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David Henstridge, President & CEO
Company Contact:
Mariana Bermudez at (604) 699-0202
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 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.
