Highly qualified, experienced, professional and hands-on management team. Tumi Resources Limited
Latest Press Release: August 31st - Tumi's Research Uncovers Historical Resource at Tomtebo, 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
  • 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 34,447,039
Stock Options 2,639,600

Warrants 6,718,333
Fully Diluted 43,804,972


How much cash do you have currently available?
C$500,000 approximately


What is the current cash burn rate (from an SG&A perspective)?
C$15,000 per month


What are your plans for future equity issues, and the timing of any?
Raise capital as soon as market conditions permit . 


Have there been any substantial shareholder changes recently (please provide a current significant shareholders list)?
No significant shareholder changes recently


Properties

What is the level of progress of each property?
Mexico - The Company has five mineral exploration projects in Mexico. The most advanced, La Trini, has a silver/gold resource. Mezquite is a recent aquistion and will be advanced to drill stage as soon as possible.
Sweden – 100% ownership of ten exploration properties. .


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


When are the next drilling results due?
None outstanding .


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. Mezquite - mapping, sampling, IP and drilling if justified
Sweden - Diamond Drilling of further targets at Sala, Tomtebo, Jonsmossen, Vitturn and Lovasen. 

All drill programs are dependent on future financings


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

 

 
     
 
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