Kingsmen Resources Ltd. press release
Tumi Resources Limited - Tumi Resources Reports Very Encouraging Results from an Underground Channel Sampling Program at the La Trini Silver-Gold Prospect, Jalisco, Mexico
TSXV - TSX Venture Exchange · Silver · Gold · Lead · Zinc · Copper · Antimony · Bismuth · Indium · Arsenic · Canada
Results Include: 14.25 m averaging 0.6 g/t gold and 564 g/t silver and 4m averaging 11.7 g/t gold and 248 g/t silver
VANCOUVER, May 31 /CNW/ - Tumi Resources Limited (TSXv-TM; OTCBB - TUMIF; Frankfurt - TUY). Mr. David Henstridge, President, is pleased to announce the results of the underground channel sampling program at the La Trini silver-gold prospect, Jalisco, Mexico. La Trini silver-gold mineralization outcrops within a gently northerly-dipping silicified rhyolite containing disseminated pyrite and argentite (silver sulphide). Two adits, about 40 metres vertically apart, were reconditioned and 110 channel samples, ranging in length from 1.05 m to 2.6 m, were taken. Using a cut-off grade of 30 g/t silver, results of this sampling program are listed in the table below.
<< UNDERGROUND CHANNEL SAMPLING AT LA TRINI
Upper Adit (x)Sample Length (m) Au (g/t) Ag (g/t) 8.2 2.2 144 22.2 1.0 93 1.5 1.6 255 14.25 0.6 564 5.56 0.3 64 15.35 1.4 157 1.22 5.7 271 4.0 11.7 248 2.0 0.5 37 Lower Adit (x)Sample Length (m) Au (g/t) Ag (g/t) 12.0 0.4 127 14.0 0.8 114 8.0 0.1 30 2.0 0.4 32 (x) Insufficient information at this time for true width to be calculated.
The Company is very encouraged by these results and, in addition to the surface sample results recently announced by the Company, they support the potential to discover bulk tonnage disseminated silver-gold mineralization within this property. The qualified person for the La Trini silver-gold 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 project area to see the sample sites and has verified the content 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 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.
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