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

To: re3 who wrote (49)	11/26/2003 1:00:20 PM
From: Philip Nolan	Respond to of 69

This came out after yesterday's close. Seems to be more solid results from Tumi. NEWS RELEASE NOVEMBER 25, 2003 TUMI DRILL RESULTS CONTINUE TO INTERCEPT BONANZA SILVER-GOLD MINERALIZATION AT THE OPEN-PITABLE CINCO MINAS PROJECT IN MEXICO AND NOW TRADING ON OTCBB UNDER SYMBOL "TUMIF" CMRC34 – 22.5m averaging 1.5 g/t gold and 289 g/t silver including 5.1m averaging 3.9 g/t gold and 732 g/t silver Vancouver, Canada - Tumi Resources Limited (TSXV – TM.V) (the "Company"): Mr. David Henstridge, President and CEO, is pleased to announce drill results from a further three holes at the open-pitable Cinco Minas silver-gold Project. ADDITIONAL DRILL HOLE RESULTS FROM THE EL ABRA MINE AREA Hole Number Section From (m) To (m) Metres Estimated True Width (m) Gold (g/t) Silver (g/t) CMRC33 400W 74 92 18 11.6 1.0 160 102 115 13 8.4 0.4 36 CMRC34 500W 70 106 35* 22.5 1.5 289 incl. 74 82 8 5.1 3.9 732 CMRC35 450W 62 86 23.4** 17.4 0.6 118 90 94 4 2.9 0.1 31 * 1m underground working, no sample ** 2.6m underground working, no sample The Company is very encouraged by the drill results to date which include three drill intercepts of bonanza silver-gold mineralization (CMRC34 above and CMRC20 and CMRC30, previously reported on November 19, 2003) within the broader El Abra mineralized zone. These bonanza shoots appear to be separate bodies intercepted over a strike length of 190m. Drilling is continuing at Cinco Minas and the Company has planned a further twelve reverse circulation drill holes. Eleven of these holes will be drilled in the El Abra area and one hole to the SE of El Abra exploring for an extension to the known mineralization. Tumi Resources Limited News Release, November 25, 2003 Page 2 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. The Company is also pleased to advise that its common shares are now quoted for trading on the OTC Bulletin Board ("OTCBB") under the symbol "TUMIF". The OTCBB Services is operated by NASDAQ and permits NASDAQ members to quote the Company's common stock. The Company is a registrant with the SEC pursuant to Section 12 of the Securities Exchange Act of 1934. 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 OTCBB 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. ON BEHALF OF THE BOARD "David Henstridge" David Henstridge, President & CEO Investor information contact: Nick L. Nicolaas at (604) 657-4058 or email: nicolaas@attglobal.net website: www.tumiresources.com 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. The TSX Venture Exchange and the Frankfurt Deutsche Börse have not reviewed and do not accept responsibility for the adequacy or the accuracy of this release.