Highly qualified, experienced, professional and hands-on management team. Tumi Resources Limited
Latest Press Release: June 3rd - Tumi Discovers New Drill Target in Bergslagen, Sweden
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Frequently Asked Questions:

What Distinguishes Tumi?

  • Premier Silver Explorer in two of the most prospective countries in the world, Mexico and Sweden ( Mexico is the world's number one silver producer)
  • Portfolio of advanced and early stage silver projects
  • Dynamic and experienced exploration team
  • Well funded to continue each mineral project
  • Very active public relations and market awareness program to brand Tumi's name in the investment community

Please provide a comprehensive summary of the current capital structure (to include all shares, warrants with strike prices and term, and any other convertible instruments)?
Issued and Outstanding 27,795,706
Stock Options 2,555,000
Warrants 4,801,893
Shares for property acquisitions 0
Fully Diluted 35,152,599


How much cash do you have currently available?
C$1.3 million approximately


What is the current cash burn rate (from an SG&A perspective)?
C$50,000 per month


What are your plans for future equity issues, and the timing of any?
None needed for the moment. 


Have there been any substantial shareholder changes recently (please provide a current significant shareholders list)?
No significant shareholders other than the principals of the Company.


Properties

What is the level of progress of each property?
Mexico - The Company has eight mineral exploration projects in Mexico. The most advanced, La Trini, has a silver/gold resource.
Sweden – 100% ownership of seventeen exploration properties. A diamond drill program is underway at Sala.


Have there been any significant drilling results?
Yes at La Trini in Mexico.


When are the next drilling results due?
Drilling is underway at Sala, Sweden.  Results available in the second quarter of 2008.


What is the current 43-101 resource?
At Trini:
Indicated Resource:  1,661,359 tonnes at 121 g/t Ag and 0.88 g/t Au
Inferred Resource:       192,880 tonnes at  99 g/t Ag and 0.92 g/t Au


What is the future work program?
La Trini – Metallurgical testwork and scoping study. 
Sweden - Diamond Drilling of targets at Sala.  IP at Tomtebo and Vitturn.  Airborne EM at Lovasens, Forsbo and Jonsmossen.


Any other developments (new properties, new partners, etc.)?
The Company is constantly reviewing new silver projects in Mexico and Sweden to add to its existing portfolio.

 

 
     
 
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