The Company owns 100% of the La Trini Silver Deposit and continues to study means of advancing the La Trini NI 43-101 compliant silver-gold-tellurium resource. The resource contains 6.48 million troy ounces Ag and 46,900 troy ounces Au in the Indicated category and 611,400 troy ounces Ag and 5,700 troy ounces Au in the inferred category.
The La Trini Project is located in the Jalisco silver belt approximately 100 kilometres northwest of Guadalajara, Jalisco State, Mexico, and lies within the northwest trending Sierra Madre Occidental volcanic province, which is dominated by andesites and minor rhyolites-rhyodacites. The main geological structures in the area are a system of north to northwest trending normal faults forming graben structures. At La Trini the mineralization consists of a rhyolitic intrusion along a fault in which both quartz vein/veinlet hosted and disseminated ore minerals occur. The ore minerals consist of finely disseminated pyrite, argentite and in lesser amounts also of the silver telluride hessite.
The underground workings and local lore indicates that some mining activities occurred at La Trini in the early 1900's but no documentation is known to support this. The first documented work dates to the mid-1970's when an exploration program, which included mapping and sampling as well as geophysics and drilling, was done on the La Trini as well as some adjacent properties. This was then followed by a pre-feasibility study in the early 1980's after which no modern exploration work was done until Tumi acquired the property in 2004. After the acquisition Tumi Resources followed up on the work done by the previous owners with additional geophysics and drilling, and in January of 2008 the Company released a NI-43-101 report, which defined an Indicated Resource of 1,661,359 tonnes averaging 121.3 g/t Ag (3.54 troy oz Ag/short ton) and 0.88 g/t Au (0.026 troy oz Au/short ton). In addition there is also an Inferred Resource of 192,880 tonnes averaging 98.6 g/t Ag (2.88 troy oz Ag/short ton) and 0.92 g/t Au (0.027 troy oz Au/short ton). For the full report see the section Technical Reports on this website.