Kingsmen Resources Ltd. press release
Tumi Resources Reports Encouraging Initial Drill Results at La Trini, Mexico
TSXV - TSX Venture Exchange · Silver · Gold · Lead · Zinc · Copper · Antimony · Bismuth · Indium · Arsenic · Canada
Including: 18.3 m averaging 3.1 g/t Au and 150 g/t Ag in TRRC 6
TSX-V - TM Frankfurt - TUY OTCBB - TUMIF
VANCOUVER, Sept. 29 /CNW/ - Tumi Resources Limited (the "Company") (TSX-V - TM; OTCBB - TUMIF; Frankfurt - TUY). Mr. David Henstridge, President, is pleased to announce the drill assay results from the La Trini silver project, Jalisco State, Mexico, attached hereto. This first reverse circulation drilling program yielded very encouraging results and demonstrated the potential for La Trini to contain a large, bulk minable, open pit silver deposit. Surface, underground and drill evidence suggests that the rhyolite porphyry, hosting the disseminated silver-gold mineralization, is an intrusion rather than a volcanic. The rhyolite has been traced over a distance of 1 km and remains open to the west and down dip. Soil geochemical and induced polarization (IP) surveys have been very useful methods in tracing the favorable horizon where soil cover hides rock outcroppings. The data from the IP survey is currently being modeled and the results of this analysis will be reported when available. Mr. Henstridge states "The drill program revealed that the disseminated silver-gold mineralization lies within an intrusion and, therefore, its entire extent remains an exploration target. Our on-going surface and geophysical programs will help in determining our next drill sites, as only a very small proportion of the rhyolite intrusion has been drill-tested." The Company plans to extend the surface grid to the west to conduct further mapping, soil sampling and IP surveying once the rainy season has ended. 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 area and has verified the contents of this news release.
Quality Control: Drill samples were collected on 2.1 metre intervals. Each sample was split on site using a Jones splitter and stored for later use. The site geologist subsequently selected the intervals to be sampled, and the entire interval was run through the Jones splitter twice more to help with homogenization. One-half of this interval was split further to a nominal 5 kg size and sent to LLACME Laboratory in Guadalajara where the samples were crushed and pulverized prior to shipment to IPL Laboratories, Vancouver, B.C. The rejects from all sample intervals split on site were saved. A duplicate 5 kg sample from hole TRRC-10 was sent to ALS Chemex for cross-checking; the results obtained from both ALS Chemex and IPL compared extremely well. The Company has continued a program of inserting sample standards as a means of checking on laboratory analytical reproducibility. Three different standards, with a range of gold and silver values, were randomly inserted in the sample series submitted to LLACME laboratory in Guadalajara. Silver analyses done by IPL Laboratories were determined using the ICP analytical method; all results that yielded greater than 30 ppm Ag were re-analyzed using a gravimetric finish--these are the results being reported. Gold was determined by the fire assay-atomic absorption finish method. Both IPL and ALS Chemex are ISO 9001:2000 certified laboratories.
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 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.
La Trini Drill Results >