Tumi Resources Limited

Published : October 25th, 2007

Raises $1.5 Million and Conducts Three Airborne Surveys in Sweden

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TUMI RESOURCES LTD.

TUMI RESOURCES RAISES $1.5 MILLION FOR MEXICO & SWEDEN
and
TUMI COMPLETES AIRBORNE EM SURVEY ON THREE LICENCE AREAS IN SWEDEN

 

      Total of $1,512,000 Raised

      Funds Will be Used to Advance Projects such as La Trini Silver/Gold Project in Mexico, where the Last Drill Hole Intersected 24.4 metres averaging 6.4 g/t gold and 1,629 g/t silver; and the Famous Sala Silver/Zinc Project in Sweden

      Airborne EM Surveys in Sweden Covered Three 100%-Owned Projects:


Blixbo: 17 km east of the copper center of Falun. High grade samples have been found, including a 1.5 m wide channel sample, which assayed 21.4% Zn, 1.8% Pb, 1.3% Cu, 131 ppm Ag and 2.3 ppm Au;
Krusbo: Located 7 km west of Falun, and with similar geological features
Stollbergsgruvan: Survey covers the southern part of the historic Stollberg ore field which contains more than 25 volcanic massive sulphide deposits along a 4 km long manganese-rich horizon


View Tumi Press Release on Financing


View Tumi Press Release on Swedish Surveys


View Tumi Two Page Summary

 

Dear Friends:
Tumi is now well funded to aggressively carry out all its planned drill and other exploration programs in both Mexico and Sweden. (With this latest funding in place the Company now has just under $4 Million in the treasury and 27,765,706 shares issued and outstanding). The Company has great speculative value just based on the last drill hole at La Trini
� where a highly anticipated drill program is again underway. When you then also look at Tumi�s 17 Swedish projects, such as Sala and Tomtebo (see two page summary link above), then the exciting potential of the Company starts to be fully appreciated. The EM Surveys at Blixbo, Krusbo and Stollbergsgruvan add still further speculative interest to the Company. With so many stellar projects, a strong treasury, and a healthy share structure, Tumi is well positioned for some exciting times ahead.
We are anxiously awaiting the results from the recent holes at La Trini and the announcing of the start of drilling in Sweden.
Regards,

Wayne Melvin


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Nick L. Nicolaas
(604) 657-4058
nick@mininginteractive.com

OR

Wayne A. Melvin
(604) 619-6327
wayne@mininginteractive.com

October 24 , 2007
Nick Nicolaas, Editor


•"In April, 2007, Tumi hit the longest & highest grade intercept I've ever seen. At last year's Silver Summit, several people thought Tumi had some of the best potential of any company there. Looks only better this year." Jason Hommel, Jason Hommel�s Silver Stock Report, Sept. 18, 2007.


Tumi Two Page Summary

View Tumi CEO in Video Interview



David Henstridge headshot

"Tumi's hands-on management is highly qualified and has a large network of contacts to identify and acquire silver properties of high merit to enhance shareholder value on a continued basis."

----David Henstridge, President & CEO, Tumi Resources


Tumi Resources Web Site

 

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Tumi Resources Limited

EXPLORATION STAGE
CODE : TM.V
ISIN : CA8996942022
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Tumi Resources is a silver exploration company based in Canada.

Tumi Resources holds various exploration projects in Mexico and in Sweden.

Its main exploration properties are JUGANSBO BERGSLADEN, KOBERGS BERGSLADEN, HÄLLEFORS BERGSLADEN, SALA 4 BERGSLADEN, VITTURN 1 BERGSLAGEN, VITTURN 2 BERGSLAGEN and GRASALA in Sweden and LA TRINI AND MOLOLOA PROPERTIES in Mexico.

Tumi Resources is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 3.7 millions as of today (US$ 2.7 millions, € 2.5 millions).

Its stock quote reached its highest recent level on December 31, 2004 at CA$ 2.29, and its lowest recent point on December 21, 2018 at CA$ 0.05.

Tumi Resources has 18 210 000 shares outstanding.

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Annual reports of Tumi Resources Limited
2008 Annual report
Annual Report 2006
Nominations of Tumi Resources Limited
1/30/2013- Tumi announces appointment of new President and CEO
Financials of Tumi Resources Limited
4/7/2011THERMAL ENERGY ANNOUNCES INTENT TO RESTATE 2010 ANNUAL FINAN...
Project news of Tumi Resources Limited
2/23/2011Options La Gloria Gold-Tungsten-Tin Project, Sonora, Mexico
2/7/2011(Batamote)- TUMI SELLS ASSETS FOR US$580,000
10/4/2007(La Trini And Mololoa Properties)to Begin Stage 3 Drilling at La Trini Silver Project, Mexico
9/19/2007To Resume Drilling on La Trini Silver Project (Near High Gra...
Corporate news of Tumi Resources Limited
2/22/2013- Tumi Resources announces approval of the consolidation of ...
1/9/2013- Tumi announces private placement, consolidation and appoin...
6/27/2011TEMEX SET TO DRILL LATCHFORD HIGH GRADE GOLD PROJECT
6/8/2011TEMEX ANNOUNCES NI 43-101 RESOURCE ESTIMATE GOWGANDA SIL...
5/11/2011Thermal Energy announces issuance of stock options
5/6/2011TSX VENTURE EXCHANGE REVIEW OF THERMAL ENERGY COMPLETED
4/28/2011TEMEX LAUNCHES SILVER EXPLORATION PROGRAM - NEW DRILL TARGET...
11/21/2007 Signs Drill Contract for Sala Silver-Zinc Project, Sweden
10/25/2007Raises $1.5 Million and Conducts Three Airborne Surveys in S...
10/11/2007Starts Drilling at La Trini, Mexico and Starts Survey at Tom...
9/5/2007Stakes Blixbo Base-Metal Project Near Falun, Sweden
8/8/2007Company and Exploration Update, 2007 Drill Programs Planned ...
6/5/2007Enters Agreement on Betamote Gold Project, Mexico
4/3/2007Commences Drilling at Phoenix Gold-Silver Project, Mexico
3/14/2007Commences Geochemical Survey, Mazatan Gold Project, Sonora, ...
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