Tumi samples widespread gold, tungsten, tin and copper mineralization at La Gloria, Sonora, Mexico
26.10.2011 | CNW
Results include 8.75 m averaging 0.84 g/t gold, 871 ppm tungsten and 1,181 ppm tin and 16.7 m averaging 0.841 g/t gold, 183 ppm tungsten and 1.97% copper
VANCOUVER, Oct. 26, 2011 /CNW/ - Tumi Resources Limited (the 'Company') (TSXV - TM, Frankfurt - TUY, Pink Sheets - TUMIF). Mr. David Henstridge, President, announces that the results of detailed channel sampling at La Gloria project have been received. The results have revealed widespread gold-tungsten-tin mineralization associated with La Gloria skarn that produced a small amount of tungsten mineralization by crude mining and concentrating methods in 1956. La Gloria is located about 250 km by road east of Hermosillo, Sonora and is held within two contiguous mineral claims totalling 200 hectares optioned from a private Mexican owner.
As previously reported by the Company, at the main workings, near the north end of the documented skarn body, a contiguous set of 16 channel samples (32 m), taken perpendicular to the trend of the zone, averaged 3.3 g/t gold, 958 ppm tungsten and 498 ppm tin. This sequence of samples is located on grid line 100. Mapping has revealed that the main zone has an apparent strike length of about 600 m NE-SW and a lateral, horizontal exposure of up to 300 m NW-SE. How much of this is contiguous stratigraphy is not known; much of this lateral exposure is along the dip slope, and a true thickness has not yet been established.
A total of 120 channel samples ranging in length from 0.45 m to 3 m and 2 chip samples have been taken from the main mineralized zone over a strike length of 550 m. Results are listed under Main Zone in Table 1. The length of the lines sampled ranged from 44 m to 155 m; however, sections of the lines could not be sampled due to overburden. Two of the better results were 9.8 m averaging 1.41 g/t gold, 739 ppm tungsten and 883 ppm tin on line 50 and 12.5 m averaging 0.65 g/t gold, 847 ppm tungsten and 808 ppm tin on line 150.
As well as the grid sampling program, Company personnel have taken a further 88 channel samples from outside of the main mineralized zone to test for extensions of the mineralization on the property. Results are listed under Regional Samples on Table 1. Most were taken within 300 m of the main zone to test for mineralization dominantly located down -slope from the main zone. Results were very encouraging and included several high gold results (a high of 21.6 g/t gold over 4 m) located near line 00 on the main grid and also 8.75 m averaging 0.84 g/t gold, 871 ppm tungsten and 1181 ppm tin.
Of great interest was the discovery of copper mineralization which included 1.97% over 16.7 m along a road-cut and 2.79% over 8.2 m in outcrop.
Up to four phases of skarn have been identified on the property - two are oxide/(sulphide) dominant, the other two are calc-silicate dominant
Mr. Henstridge stated: 'The results of the channel sampling program are very promising, identifying widespread gold, tin and tungsten and, in places, high grade copper mineralization all within skarn. The Company intends to make further bulldozer cuts through the copper zones to better understand the mineral distribution and is negotiating for a diamond drill contract. It is hoped that an initial drill program will commence late next month'.
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 La Gloria gold-tungsten-tin project, Sonora, Mexico, 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.
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.
Table 1: La Gloria Channel Sample Results
Company Contact:
Tumi Resources Limited
Investor Information Contact:
Mariana Bermudez at (604) 699-0202
email: mbermudez@chasemgt.com or
Mining Interactive
Nick L. Nicolaas at (604) or 657-4058
email: nick@mininginteractive.com
website: www.tumiresources.com
VANCOUVER, Oct. 26, 2011 /CNW/ - Tumi Resources Limited (the 'Company') (TSXV - TM, Frankfurt - TUY, Pink Sheets - TUMIF). Mr. David Henstridge, President, announces that the results of detailed channel sampling at La Gloria project have been received. The results have revealed widespread gold-tungsten-tin mineralization associated with La Gloria skarn that produced a small amount of tungsten mineralization by crude mining and concentrating methods in 1956. La Gloria is located about 250 km by road east of Hermosillo, Sonora and is held within two contiguous mineral claims totalling 200 hectares optioned from a private Mexican owner.
As previously reported by the Company, at the main workings, near the north end of the documented skarn body, a contiguous set of 16 channel samples (32 m), taken perpendicular to the trend of the zone, averaged 3.3 g/t gold, 958 ppm tungsten and 498 ppm tin. This sequence of samples is located on grid line 100. Mapping has revealed that the main zone has an apparent strike length of about 600 m NE-SW and a lateral, horizontal exposure of up to 300 m NW-SE. How much of this is contiguous stratigraphy is not known; much of this lateral exposure is along the dip slope, and a true thickness has not yet been established.
A total of 120 channel samples ranging in length from 0.45 m to 3 m and 2 chip samples have been taken from the main mineralized zone over a strike length of 550 m. Results are listed under Main Zone in Table 1. The length of the lines sampled ranged from 44 m to 155 m; however, sections of the lines could not be sampled due to overburden. Two of the better results were 9.8 m averaging 1.41 g/t gold, 739 ppm tungsten and 883 ppm tin on line 50 and 12.5 m averaging 0.65 g/t gold, 847 ppm tungsten and 808 ppm tin on line 150.
As well as the grid sampling program, Company personnel have taken a further 88 channel samples from outside of the main mineralized zone to test for extensions of the mineralization on the property. Results are listed under Regional Samples on Table 1. Most were taken within 300 m of the main zone to test for mineralization dominantly located down -slope from the main zone. Results were very encouraging and included several high gold results (a high of 21.6 g/t gold over 4 m) located near line 00 on the main grid and also 8.75 m averaging 0.84 g/t gold, 871 ppm tungsten and 1181 ppm tin.
Of great interest was the discovery of copper mineralization which included 1.97% over 16.7 m along a road-cut and 2.79% over 8.2 m in outcrop.
Up to four phases of skarn have been identified on the property - two are oxide/(sulphide) dominant, the other two are calc-silicate dominant
Mr. Henstridge stated: 'The results of the channel sampling program are very promising, identifying widespread gold, tin and tungsten and, in places, high grade copper mineralization all within skarn. The Company intends to make further bulldozer cuts through the copper zones to better understand the mineral distribution and is negotiating for a diamond drill contract. It is hoped that an initial drill program will commence late next month'.
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 La Gloria gold-tungsten-tin project, Sonora, Mexico, 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.
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.
Table 1: La Gloria Channel Sample Results
_____________________________________________________________________
| Main Zone Line |Metres |Gold (g/t)|Tungsten|Tin (ppm)|Copper (%)|
| |Sampled| | (ppm) | | |
|____________________|_______|__________|________|_________|__________|
| LB00-50E | 2.8 | 1.07 | 697 | 364 | |
|____________________|_______|__________|________|_________|__________|
| LB00-50E | 12 | 1.13 | 40 | 459 | 0.34 |
|____________________|_______|__________|________|_________|__________|
| LB00-100E | 8 | 0.47 | 82 | 781 | |
|____________________|_______|__________|________|_________|__________|
| LB50-00W | 6 | 0.61 | 1113 | 470 | |
|____________________|_______|__________|________|_________|__________|
| LB50-00E | 6 | 0.25 | 273 | 575 | |
|____________________|_______|__________|________|_________|__________|
| LB50-25E | 1.2 | 1.92 | 1500 | 1095 | |
|____________________|_______|__________|________|_________|__________|
| LB50-25E | 26 | 0.76 | 279 | 653 | |
|____________________|_______|__________|________|_________|__________|
| LB50-75E | 9.8 | 1.41 | 739 | 883 | |
|____________________|_______|__________|________|_________|__________|
| LB50-75E | 2.7 | 0.87 | 955 | 639 | |
|____________________|_______|__________|________|_________|__________|
| LB50-75E | 4 | 1.02 | 350 | 856 | |
|____________________|_______|__________|________|_________|__________|
| *LB100-00W | 32 | 3.30 | 958 | 498 | |
|____________________|_______|__________|________|_________|__________|
| LB150-00W | 12.5 | 0.65 | 847 | 808 | |
|____________________|_______|__________|________|_________|__________|
| LB150-100E | 3 | 2.11 | 630 | 50 | |
|____________________|_______|__________|________|_________|__________|
| LB200-00W | 8.1 | 0.44 | 884 | 1074 | |
|____________________|_______|__________|________|_________|__________|
| LB200-50W | 17.4 | 1.07 | 329 | 232 | |
|____________________|_______|__________|________|_________|__________|
| LB300-150E | 6 | 0.44 | 360 | 310 | 0.27 |
|____________________|_______|__________|________|_________|__________|
| LB350-150E | 6 | 0.25 | 1247 | 200 | |
|____________________|_______|__________|________|_________|__________|
| LB400-150E | 8.3 | 0.11 | 46 | 122 | |
|____________________|_______|__________|________|_________|__________|
| LB450-100E | 7 | 0.15 | 721 | 18 | |
|____________________|_______|__________|________|_________|__________|
| LB550-100E | 14 | 0.05 | 103 | 765 | |
|____________________|_______|__________|________|_________|__________|
|*Previously reported| | | | | |
|____________________|_______|__________|________|_________|__________|
| Regional | | | | | |
| Samples | | | | | |
|____________________|_______|__________|________|_________|__________|
| LG1004-1005 | 8.2 | 0.91 | 64 | 273 | 2.79 |
|____________________|_______|__________|________|_________|__________|
| LG1009-1010 | 3.4 | 2.37 | 60 | 526 | |
|____________________|_______|__________|________|_________|__________|
| LG1011-1012 | 3.3 | 3.43 | 1435 | 524 | |
|____________________|_______|__________|________|_________|__________|
| LG1014-1017 | 16.7 | 0.81 | 183 | 61 | 1.97 |
|____________________|_______|__________|________|_________|__________|
| LG1019 | 3.2 | 4.79 | 10 | 122 | |
|____________________|_______|__________|________|_________|__________|
| LG1037-1044 | 38.1 | 0.34 | 492 | 633 | |
|____________________|_______|__________|________|_________|__________|
| LG1046-1051 | 22 | 0.97 | 665 | 786 | |
|____________________|_______|__________|________|_________|__________|
| LG106-107 | 3.7 | 11.3 | 576 | 289 | 0.34 |
|____________________|_______|__________|________|_________|__________|
| LG108-109 | 4 | 21.6 | 1405 | 141 | 0.22 |
|____________________|_______|__________|________|_________|__________|
| LG111-115 | 8.75 | 0.84 | 871 | 1181 | |
|____________________|_______|__________|________|_________|__________|
| LG119-120 | 2.5 | 0.67 | 1225 | 178 | 0.16 |
|____________________|_______|__________|________|_________|__________|
| LG121 | 2 | 0.43 | 730 | 197 | |
|____________________|_______|__________|________|_________|__________|
| LG128-130 | 6.7 | 0.02 | 877 | 6 | |
|____________________|_______|__________|________|_________|__________|
| LG131-133 | 5.8 | 0.02 | 880 | 1 | |
|____________________|_______|__________|________|_________|__________|
| LG138-139 | 4 | 0.05 | 1340 | 21 | |
|____________________|_______|__________|________|_________|__________|
| LG140-143 | 8 | 0.09 | 1437 | 481 | |
|____________________|_______|__________|________|_________|__________|
| LG144-147 | 8.5 | 0.05 | 483 | 583 | |
|____________________|_______|__________|________|_________|__________|
| LG149 | 2.5 | 0.09 | 50 | 788 | |
|____________________|_______|__________|________|_________|__________|
| LG150 | 1.9 | 0.07 | 640 | 683 | |
|____________________|_______|__________|________|_________|__________|
| LG152-153 | 5 | 0.68 | 1100 | 2440 | |
|____________________|_______|__________|________|_________|__________|
| LG156-157 | 4 | 0.24 | 255 | 712 | |
|____________________|_______|__________|________|_________|__________|
| LG160-163 | 6.3 | 0.49 | 1245 | 394 | |
|____________________|_______|__________|________|_________|__________|
| LG164 | 1.7 | 0.07 | 3310 | 427 | |
|____________________|_______|__________|________|_________|__________|
| LG165-166 | 3.2 | 0.03 | 677 | 702 | |
|____________________|_______|__________|________|_________|__________
Company Contact:
Tumi Resources Limited
Investor Information Contact:
Mariana Bermudez at (604) 699-0202
email: mbermudez@chasemgt.com or
Mining Interactive
Nick L. Nicolaas at (604) or 657-4058
email: nick@mininginteractive.com
website: www.tumiresources.com