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File: Ajax NR AJAX 2082014.pdf
# 1305 � 1090 West Georgia Street
Vancouver, BC, V6E 3V7, Canada
---> TSXV � TM
Tel: (604) 668-5909 Fax: (604) 683-1585
---> Frankfurt � TUY
Email: semerson@tumiresources.com
www.tumiresources.com
---> Pink Sheets � TUMIF
News Release
---> August 20, 2014
TUMI DROPS AJAX OPTION
Vancouver, Canada � Tumi Resources Limited (the "Company") (TSXV: TM) (OTCPK: TUMIF) (Frankfurt: TUY)
On May 7th 2014 the Company announced that an agreement had been concluded to acquire a 100% interest in 11
unpatented claims covering the Ajax Gold Mine and the West Ajax Gold Prospect (together the "Ajax Property) from two
private arm's length corporations, Dragon Resources LLC (15%) and GoldTech, Inc. (85%) as to The Ajax Property which
is located on the Continental Divide between Idaho and Montana.
The Company has conducted substantial desktop analysis reviewing a number of historical reports on the property and
three site visits were conducted. The Company has recently concluded its initial work program and, based on the work
conducted, has determined to terminate the agreement. The Company has identified certain issues in regards to tenure
but more importantly the Company was unable to repeat the historical sampling programs which the vendors had
presented to the Company and has identified other geological deficiencies during the initial work program.
In light of these circumstances, the Ajax Property does not merit the acquisition terms negotiated and, accordingly, t
--->he
Company has terminated the agreement.
The Company continues to seek out other opportunities with a focus in the America's.
The qualified person for Tumi's projects, David Henstridge, a Member of the Australian Institute of Geoscientists, and
---> has
verified the contents of this news release.
On behalf of the Board, Company Contact:
Scott Emerson at (604) 668.5909 or
"Scott Emerson" email: semerson@tumiresources.com
Scott Emerson, President & CEO
website: www.tumiresources.com
Forward Looking Statements This Company Press Release contains certain "forward-looking" statements and information re
--->lating to the Company
that are based on the beliefs of the Company's management as well as assumptions made by and information currently ava
--->ilable to the Company's
management. Such statements reflect the current risks, uncertainties and assumptions related to certain factors includ
--->ing, without limitations,
competitive factors, general economic conditions, customer relations, relationships with vendors and strategic partner
--->s, the interest rate environment,
governmental regulation and supervision, seasonality, technological change, changes in industry practices, and one-tim
--->e events. Should any one or
more of these risks or uncertainties materialize, or should any underlying assumptions prove incorrect, actual results
---> may vary materially from those
described herein. Neither the TSX Venture Exchange, its Regulation Services Provider (as that term is defined in the p
--->olicies of the TSX Venture
Exchange), nor the Frankfurt Stock Exchange accepts responsibility for the adequacy or accuracy of this news release.
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