Wednesday, April 16, 2008 5:01:11 PM
Press Release Source: Tumi Resources Limited
Tumi Provides Swedish Exploration Update
Wednesday April 16, 2:29 pm ET
VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Apr 16, 2008 -- Tumi Resources Limited (the "Company") (CDNX:TM.V - News)(OTC BB:TUMIF.OB - News)(Frankfurt:TUY.F - News). David Henstridge, President, announces progress on the drill program at Sala with two drill holes completed to date. In addition to the drill program, the Company is advancing its baseline geological work and has signed an agreement with SkyTEM of Denmark to fly airborne electromagnetics (EM) and magnetics over a further seven of the Company's licence areas in the Bergslagen District of Sweden. The licence areas to be flown are Koberg, Hallefors, Jonsmossen, Lovasen, Skalbo, Sala 4 and Jugansbo.
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At Sala, the Company's ongoing exploration program, including detailed ground mapping and 44 line-kms of detailed ground EM covering the old mine and surrounding prospective ground, has identified a drill target immediately to the west of and parallel to the old mine and extending to the southwest. The potential target strike length is about one kilometer. There is evidence of old drill holes in this area, but no information about these holes has been found in the public domain. This is the target area for the initial drill program. Diamond drilling started recently at the northern end of the target, and two holes totaling in excess of 700m have been completed.
Mr. Henstridge stated from Sala, Sweden, "Our initial drilling program is progressing very satisfactorily and core from both drill holes is currently being split and delivered to the assay laboratory."
The Company intends to complete a further 10 holes along the target zone as part of our initial program. Mr. John Nebocat, the Company's independent qualified person, is also on site and has been supervising the sampling procedures.
SkyTEM are now mobilizing their equipment to Sweden, with the survey work program to commence shortly and, weather permitting, all areas should be flown within two weeks.
The qualified person for Tumi's projects, David Henstridge, has visited the Sala drill site, core cutting facilities and all of Tumi's areas located in the Bergslagen District of Sweden and has verified the contents of this news release.
On behalf of the Board,
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.
Contact:
Contacts:
Tumi Resources Limited - Company Contact
Mariana Bermudez
(604) 699-0202
(604) 683-1585 (FAX)
Email: mbermudez@chasemgt.com
Website: http://www.tumiresources.com
Mining Interactive - Investor Information Contact
Nick L. Nicolaas
(604) 657-4058
Email: nick@mininginteractive.com
--------------------------------------------------------------------------------
Source: Tumi Resources Limited
Tumi Provides Swedish Exploration Update
Wednesday April 16, 2:29 pm ET
VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Apr 16, 2008 -- Tumi Resources Limited (the "Company") (CDNX:TM.V - News)(OTC BB:TUMIF.OB - News)(Frankfurt:TUY.F - News). David Henstridge, President, announces progress on the drill program at Sala with two drill holes completed to date. In addition to the drill program, the Company is advancing its baseline geological work and has signed an agreement with SkyTEM of Denmark to fly airborne electromagnetics (EM) and magnetics over a further seven of the Company's licence areas in the Bergslagen District of Sweden. The licence areas to be flown are Koberg, Hallefors, Jonsmossen, Lovasen, Skalbo, Sala 4 and Jugansbo.
ADVERTISEMENT
At Sala, the Company's ongoing exploration program, including detailed ground mapping and 44 line-kms of detailed ground EM covering the old mine and surrounding prospective ground, has identified a drill target immediately to the west of and parallel to the old mine and extending to the southwest. The potential target strike length is about one kilometer. There is evidence of old drill holes in this area, but no information about these holes has been found in the public domain. This is the target area for the initial drill program. Diamond drilling started recently at the northern end of the target, and two holes totaling in excess of 700m have been completed.
Mr. Henstridge stated from Sala, Sweden, "Our initial drilling program is progressing very satisfactorily and core from both drill holes is currently being split and delivered to the assay laboratory."
The Company intends to complete a further 10 holes along the target zone as part of our initial program. Mr. John Nebocat, the Company's independent qualified person, is also on site and has been supervising the sampling procedures.
SkyTEM are now mobilizing their equipment to Sweden, with the survey work program to commence shortly and, weather permitting, all areas should be flown within two weeks.
The qualified person for Tumi's projects, David Henstridge, has visited the Sala drill site, core cutting facilities and all of Tumi's areas located in the Bergslagen District of Sweden and has verified the contents of this news release.
On behalf of the Board,
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.
Contact:
Contacts:
Tumi Resources Limited - Company Contact
Mariana Bermudez
(604) 699-0202
(604) 683-1585 (FAX)
Email: mbermudez@chasemgt.com
Website: http://www.tumiresources.com
Mining Interactive - Investor Information Contact
Nick L. Nicolaas
(604) 657-4058
Email: nick@mininginteractive.com
--------------------------------------------------------------------------------
Source: Tumi Resources Limited
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