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Gold/Mining/Energy : Tumi Resources -- Ignore unavailable to you. Want to Upgrade?

To: menanna who wrote (36)	11/19/2003 1:31:57 PM
From: dara	Respond to of 69

Thanks!

To: menanna who wrote (36)	11/19/2003 2:54:18 PM
From: ralfph	Respond to of 69

Thanks for the update Annamaria. As far as I know there is nothing to sweat. There are some folks holding a large position in TM. If one of them ever blows off a large position I will buy on the dip. I road Peruvian for years. I figure I can do the same with TM. Hopefully at a profit. take care ralfph

To: menanna who wrote (36)	11/19/2003 8:24:17 PM
From: ralfph	Read Replies (2) \| Respond to of 69

Tumi news I ripped it off another thread... 19Nov03 Market News Publishing Inc. 2003/11/19 No:0002 TUMI RESOURCES LIMITED ("TM-V;TUMIF-0") - Bonanza Silver-Gold Grades Intersected in Drill Hole CMRC-30, - At Open-pitable Cinco Minas Project, Mexico 20m averaging 3.2 g/t gold and 845 g/t silver, including 6m averaging 9 g/t gold and 2,608 g/t silver Tumi Resources Limited (the "Company"): Mr. David Henstridge, President & CEO, is pleased to announce initial drill results from the ongoing fall work program at the open-pitable Cinco Minas silver-gold Project, located in Jalisco, Mexico. The drill hole results for the first three holes of the current program are as follows. DRILL HOLE RESULTS FROM EL ABRA MINE HOLE NUMBER SECTION FROM TO METRES ESTIMATED GOLD SILVER (m) (m) TRUE WIDTH (g/t) (g/t) (m) CMRC-30 310W 32 52 20 18.5 3.2 845 incl. 34 40 6 5.6 9.0 2,608 CMRC-31 310W 58 60 2 1.9 0.38 48 CMRC-32 350W 82 94 12 6.9 0.18 61 98 104 6 3.4 0.19 62 Hole undercuts southeast extent of the historic El Abra ore shoot. Mr. Henstridge stated: "it is very exciting to intersect additional bonanza mineralization within the historic El Abra Mine area at Cinco Minas, particularly as this is the second time that drilling has intersected a rich ore shoot at El Abra. In April 2003, the Company announced that CMRC-20 averaged 4m at 7 g/t gold and 1,099 g/t silver. These bonanza zones will greatly improve profitability in any future open-pit mining operations." On the basis of the drill results from the first phase of drilling at Cinco Minas undertaken earlier this year, the Company's management believes that the historic El Abra Mine area will once again be economically mined but now as a low-cost open-pit operation. The Company has completed a further three holes and results are expected shortly. Drilling is continuing in the El Abra area to identify sufficient resources to undertake an arms-length scoping study. Road construction is underway to gain access to the top of the El Abra vein which crops out to a height of about 50m above road level. Once constructed, drilling will take place to sample this part of the vein as well as extending the known mineralization at El Abra both below and along strike to the north-west from the existing drill holes. As well, the Company is expecting its first results of metallurgical test work from two representative samples, each about 300 kilograms, taken at El Abra. The initial test work on the samples includes both bottle roll tests and column leach studies using an initial rock crush size of minus 1/2 inch. Through an agreement with Minera San Jorge S.A. de C.V., the Company is earning a 60% interest and has the right to purchase the remaining 40% in the Cinco Minas Project. The Company's consulting geologist, Mr. John Nebocat, is the Qualified Person for the Cinco Minas Project. Drill samples were prepared by GM LACME Laboratory, Guadalajara, Mexico and assayed at IPL Laboratory in Canada. Samples greater than 1 g/t gold and high silver values were check assayed, and the Company submitted a known standard (about one in every ten samples submitted) for check analysis. All bulk samples of RC chips along with all sample rejects prepared by the laboratory in Mexico are stored for verification purposes. Tumi Resources Limited, incorporated in British Columbia, Canada, trades on the TSX Venture Exchange under the symbol "TM.V", on the Frankfurt Exchange under symbol "TUY" and on the Pinksheets under symbol "TUMIF". To accommodate the European financial markets, its website www.tumiresources.com has been translated into German. The Company's directors are experienced in the resource sector and are focused on enhancing shareholder value by expanding Tumi's assets in this sector. Management aims to identify exploration projects, predominantly silver projects of high merit, and quickly complete confirmation exploration. This will enable the Company to confirm the potential of a project and reach advanced project status by the most cost effective and shortest time possible. 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. Sounds sweet to me ralfphieee 1.50 here we come ?