Tumi Options La Gloria Gold-Tungsten-Tin Project

Tumi Resources Limited (TSXV:TM) acquires the La Gloria gold-tungsten-tin project at Sonora.

The press release is quoted as saying:

Two contiguous mineral claims totalling 200 hectares have been optioned from a private Mexican owner. The agreement gives TMXI Resources S.A. de C.V. (TMXI), the Company’s wholly-owned Mexican subsidiary, the right to acquire 100% interest for a total of US$1,330,000 over 5 years of which US$30,000 is payable in the first year. A 1.5% NSR is in place of which 0.5% can be purchased for US$500,000.

Click here to access the entire press release