🕐10.10.13 - 19:54 Uhr

TUMI DIVESTS OF SWEDEN TUNGSTEN ASSETS



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** NEWS RELEASE ------------------------------------------------------------
** ------------------------------------------------------------ October 10, 2013 Vancouver, Canada – Tumi Resources Limited (the “Company”) (TSXV: TM) (OTCPK: TUMIF) (Frankfurt: TUY). Scott Emerson, President & CEO, announces that the Company has recently completed an evaluation of its current mineral property portfolio and the Company has determined to focus its attention on prospects located in North America and, accordingly, is conducting a rationalization of its non-core properties. With respect to its Swedish portfolio the Company has entered into an agreement with Tasman Metals Ltd (‘Tasman’) to sell its six 100%-owned Tungsten exploration licenses located in the Bergslagen District in south-central Sweden.

Under the terms of the agreement, Tasman a company with two common directors with Tumi, has agreed to make a cash payment of CA$45,000 and issue 50,000 common shares in the capital of Tasman on closing.

Under the terms of the agreement, Tasman will issue a further 50,000 common shares to the Company upon commencement of commercial production from any of the properties.

The purchase of the tungsten projects is subject to the Swedish Mining Inspectorate (Bergsstaten) granting permission for the transfer of claims, and to TSX Venture Exchange and NYSE MKT approval for the issuance of shares.

The shares in Tasman will be subject to a statutory escrow period of 4 months and one day from the date of issue. The Company has also decided to withdraw its application for a mining lease ("ML") covering the Company’s 100%-owned Sala project located in the Bergslagen District.

This decision will significantly reduce ongoing costs associated with the Company’s remaining activities in Sweden, but will still allow the Company to currently maintain the Sala project and market it to potential third parties that may have an interest in moving the project forward. In addition to rationalization of its Swedish properties the Company has been undertaking an extensive review of resource opportunities in North America where the Company wishes to focus its exploration efforts.

As part of this program the Company has been conducting ongoing reviews and due-diligence on a number of precious metal projects in the United States and Mexico. On behalf of the Board, "Scott Emerson" Scott Emerson, President & CEO Company Contact: Scott Emerson at (604) 668.5909 or email: (mailto:) website: www.tumiresources.com
Forward Looking Statements This Company Press Release contains certain "forward-looking" statements and information relating to the Company that are based on the beliefs of the Companys management as well as assumptions made by and information currently available to the Companys management.

Such statements reflect the current risks, uncertainties and assumptions related to certain factors including, without limitations, competitive factors, general economic conditions, customer relations, relationships with vendors and strategic partners, the interest rate environment, governmental regulation and supervision, seasonality, technological change, changes in industry practices, and one-time 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 policies 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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