UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934
February
18, 2011
Date of
Report
(Date of
Earliest Event Reported)
Tuffnell
Ltd.
(Exact name of registrant as specified in its charter)
Nevada
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000-53610
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26-2463465
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(State
or other jurisdiction of incorporation)
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(Commission
File Number)
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(I.R.S.
Employer Identification No.)
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81 Oxford
St,
London
W1D 2EU
United
Kingdom
(Address of principal executive offices)
011-44-020-7903-5084
(Registrant's telephone number, including area code)
N/A
(Former name and former address, if changed since last report)
o Written communications pursuant to Rule
425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule
14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications
pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
o Pre-commencement communications
pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
SECTION
8.01 – OTHER EVENTS
On
February 18, 2011, Tuffnell Ltd. Issued a press release which included details
of its phase II exploration program. A copy of the release follows
herein:
Tuffnell
Ltd. Announces Geophysics Details of Phase II Exploration at the Little Butte
Gold/Copper Project in Arizona, Confirming Mineralized Structures Averaging 400
Feet in Width and at Least 3,000 Feet Long
LONDON,
Feb. 18, 2011 / Tuffnell Ltd. (Tuffnell or "the Company") (OTC Bulletin Board:
TUFF) is pleased to announce gradient IP-resistivity survey details (Geophysics)
of the Phase II Exploration program at the Little Butte Gold/Copper
Project.
Mr.
George Dory, Tuffnell's CEO, is pleased to report that Tuffnell's geophysical
survey interpretation indicates the mineralized structures discovered to date
are part of a major north-south strike-slip fault system that averages 400 feet
in width and is at least 3,000 feet long. Additional north-south structures were
identified to both the east and west.
A
gradient IP-resistivity survey was conducted over a 3,600 by 3,600 feet area
centered on drill hole LB-1010. A30 meter dipole spacing was used along
east-west lines spaced 100 meters apart. The survey was completed by Zonge
Engineering of Tucson, Arizona and interpreted by Frank Fritz, a respected
geophysicist.
Mr.
Fritz's interpretation shows several north-south structures offset by
east-northeasterly trending later faults. There are also two large resistivity
lows and two associated smaller IP effect highs. By far the most impressive
feature runs north-south through the middle and correlates well with the
structure and mineralization found in the Company's drilling. This resistivity
high runs at least 3,000 feet to the north and averages 300-500 feet in width.
Fritz interprets this feature as an altered structure. He interprets a steep
easterly dip on the east side where an IP effect high also occurs. The IP effect
high may be associated with sulfide mineralization at depth. A similar but
weaker resistivity/IP effect anomaly occurs on the western boundary of the
survey. Fritz also interpreted several other north-south faults worth future
follow-up.
When the
veins discovered to date are plotted on the resistivity map a district scale
structural interpretation soon emerges. The veins which strike N30-35W are
formed by right lateral strike-slip movement. Dilational faults occur as a
result of the strike-slip movement causing extension between the two major
north-south boundary faults. The company now has a well defined target easily
tested with additional drilling.
Also of
interest is Mr. Fritz's belief there is a major dike under the central portion
of the resistivity high. This dike may be the source of the mineralization and
begs a deeper drill hole at some point in the Company's exploration
program.
The
geophysical survey interpretation indicates the mineralized structures
discovered to date are part of a major north-south strike-slip fault system that
averages 400 feet in width and is at least 3,000 feet long. Additional
north-south structures were identified to both the east and west and a similar
but weaker second anomaly occurs along the western margin of the survey. The
identification of the geophysical target associated with the mineralization
defines a discrete target that can be easily drill tested.
A map
showing the location of trenches and the current drilling program may be found
shortly on the Tuffnell website www.Tuffex.com. Assay results for
drilling will be released as soon as all results have been
interpreted.
After all
results are in and interpreted from the current trenching and core drilling, a
plan for further testing will be developed using all available data. This plan
will undoubtedly include RC drill testing to the north of the IP anomaly
overlying the LB-1010 zone and other anomalies found by the survey. Further core
drilling may also be appropriate if the LB-1010 zone remains open along strike
and at depth. Planning for a deep test of the Grasberg style copper/gold target
will continue as the winter exploration program develops. Tuffnell is also
in the process of planning its Phase 3 exploration program and believes Phase 3
to be a very important milestone for the company as results continue to be very
exciting for the Company.
About The
Company
Tuffnell
Ltd. (OTC BB: TUFF) is a
mineral exploration Company focused on maximizing returns for its shareholders
by exploring and developing low-cost gold assets in proven mining districts.
With a focus primarily on the State of Arizona, Tuffnell Exploration has put
together a team of highly qualified, strongly motivated individuals with the
experience required to advance our corporate vision.
Based on
geological potential, infrastructure proximity, and previously undertaken
exploration, Tuffnell Ltd. selects properties of merit so as to provide its
shareholders with the highest probability of success. The company's main
property, known as Little Butte, is located in La Paz county Arizona and has
previous exploration history indicating that resources are present and the
prospect for economic recovery of gold support management's decision to proceed
with further exploration. Tuffnell holds a 100% option to 85 unpatented mining
claims and 7 patented claims. Total Land holdings including patented claims
total 1,840 acres or 2.88 square miles. The Little Butte Project lies in the
historic Plomosa District, 20 miles north of the town of Quartzite, Arizona and
approximately 150 miles southeast of Las Vegas, Nevada.
Safe
Harbour Statement:
This
release contains "forward-looking statements" within the meaning of Section 27A
of the Securities Act of 1933, as amended, and Section 21E of the Securities
Exchange Act of 1934, as amended, and such forward-looking statements are made
pursuant to the safe harbour provisions of the Private Securities Litigation
Reform Act of 1995. "Forward-looking statements" describe future expectations,
plans, results, or strategies and are generally preceded by words such as "may,"
"future," "plan," or "planned," "will" or "should," "expected," "anticipates,"
"draft," "eventually" or "projected." You are cautioned that such statements are
subject to a multitude of risks and uncertainties that could cause future
circumstances, events, or results to differ materially from those projected in
the forward-looking statements, including the risks that actual results may
differ materially from those projected in the forward-looking
statements.
The
forward-looking statements which involve risks and uncertainties that include,
among others, limited operating history, limited access to operating capital,
factors detailed in the accuracy of geological and geophysical results including
drilling and assay reports; the ability to close the acquisition of mineral
exploration properties, and other factors which may cause the actual results,
performance or achievements of the company to be materially different from any
future results, performance or achievements expressed or implied by such
forward-looking statements. More information is included in the company's
filings with the Securities and Exchange Commission, and may be accessed through
the SEC's website at www.sec.gov.
CONTACT:
Investor Relations 1-800-459-0794
Signatures
Date:
February 18, 2011
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Tuffnell
Ltd.
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/s/ George Dory | |
George
Dory, Chief Executive Officer and President
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