MEXICO - MEZQUITE

Pits at Mezquite Silver-Lead-Zinc Prospect - Sonora

Tumi has recently optioned the Mezquite silver-lead-zinc prospect in Sonora where silver bearing galena has been discovered over a wide area within a favourable host rock. Sampling of pits in the project area has given very encouraging silver-lead-zinc values and a three dimensonal IP survey totaling 11.7 line kms has recently been completed. Results of this suvey will be interpreted by an independent geophysicist.

Tumi owns a 100% interest in the La Trini mineral claim, located within the Hostotipaquillo mining district, Jalisco State, Mexico. Tumi has completed 50 reverse circulation drill holes in three programs with results including 18.3m averaging 3.1 g/t gold and 150 g/t silver in hole TRRC-6 and 24.4m averaging 6.4 g/t gold and 1,629 g/t silver in TRRC-32. A resource calculation was undertaken by an independent qualified geologist in keeping with NI43-101 requirements.  The current resources are Indicated: 1,661,359 tonnes at 121 g/t Ag and 0.88 g/t Au and Inferred: 192,880 tonnes at 99 g/t Ag and 0.92 g/t Au. Hessite (silver telluride) has been identified at Trini and further work is required to determine its significance.

Tumi has an exploration program underway in Sonora seeking a large low-grade precious metal system similar to La Herradura, La Choya and San Francisco mines. The Company remains hopeful that further new projects can be acquired this year.

The Company has also farmed out its Sonoran Batamote concession to High Desert Gold Corporation.

SWEDEN - FIVE DRILL READY TARGETS

Vitturn Induced Polarization (chargeability) Anomaly - Drill Ready

Tumi owns numerous silver projects in the Bergslagen District of Sweden, located immediately to the north-west of Stockholm.  Bergslagen is a highly mineralized District and one of the most important ore Districts in Europe, containing deposits of iron, manganese, base-metal and silver sulphides. It is host to the well known historic and current mines Sala, Falun, Garpenberg and Zinkgruvan.

Tumi staked prospective ground over and around the historic Sala mine which contained some of the richest silver ores in the world and historic records indicate that in excess of 200 million ozs of silver were produced. A phase 1 core drill program has been completed immediately to the west of the old mine totalling 2,282m in ten drill holes. Significant silver-zinc intercepts have been discovered in the first 3 holes including 9.85m at 203 g/t silver and 6.4% zinc and 22.1m at 34 g/t silver and 6.3% zinc in Hole 3.

An IP survey at Vitturn has defined a high chargeability-low resistivity anomaly exceeding 400m long. The anomaly lies along strike from known resource-grade mineralization discovered by another company and is drill ready. Tumi also has drill ready targets defined from airborne EM or ground IP in the Tomtebo, Jonsmossen and Lovasen Licences. Tumi has also farmed out two licence areas in Sweden to the Australian listed Goldsearch Limited.