Tournigan Provides Update on Kuriskova Uranium Deposit in Slovakia
19 Enero 2009 - 7:00AM
Marketwired
Tournigan Energy Ltd. (TSX-V: TVC) (FRANKFURT: TGP) today provides
an update as the company continues to advance its flagship
Kuriskova uranium deposit in Slovakia. In December 2008, Tournigan
contracted with SRK Consulting (U.S.) Inc. to initiate an updated
NI 43-101 resource study based on new drilling data for completion
in the first quarter of 2009. An NI 43-101 compliant Preliminary
Assessment and metallurgical test work on the deposit will also be
started by Tournigan during the first quarter of 2009 and are
expected to be completed in the second quarter of 2009.
On July 16, 2008, Tournigan announced an NI 43-101 compliant
resource estimate for Kuriskova that was prepared by SRK. The
estimate includes an indicated resource of 6.6 million pounds of
U3O8 contained in 685,000 tonnes grading 0.435% U3O8 and an
inferred resource of 30.1 million pounds of U3O8 contained in 4.56
million tonnes grading 0.299% U3O8, using a cut-off of 0.05% U.
Since that time, 9,267 metres of drilling has been completed in a
total of 23 holes (see table below).
Downhole radiometric logging from ten of these holes were
previously disclosed in news releases issued on October 7, 2008
(two holes*) and September 10, 2008 (eight holes**). Chemical
assays in the table below have replaced results from downhole
radiometric logging on earlier holes.
Most of the holes reported are infill holes that targeted
upgrading inferred resources to the indicated classification. The
results are as follows:
--------------------------------------------------------
| Kuriskova Uranium Deposit, Slovakia |
--------------------------------------------------------
Hole Inter- From To Length %eU308
Section (Metres)(Metres) (Metres)
--------------------------------------------------------
|LH-K-10A* I 272.1 274.4 2.3 0.331 |
--------------------------------------------------------
| II 275.9 278.2 2.3 0.458 |
--------------------------------------------------------
| INCLUDING 276.2 276.8 0.6 1.109 |
--------------------------------------------------------
| INCLUDING 376.6 377.3 0.7 1.065 |
--------------------------------------------------------
|LH-K-11A I 522.3 523.1 0.8 0.097 |
--------------------------------------------------------
| II 525.5 529.5 4 0.075 |
--------------------------------------------------------
|LH-K-11B I 493.2 494.9 1.7 0.102 |
--------------------------------------------------------
|LH-K-12A* I 294.2 296.9 2.7 0.577 |
--------------------------------------------------------
| INCLUDING 296.2 296.8 0.5 1.132 |
--------------------------------------------------------
|LH-K-13A I 268.9 269.9 1 0.116 |
--------------------------------------------------------
| II 274.1 275.1 1 0.485 |
--------------------------------------------------------
| III 277.4 278.6 1.2 0.247 |
--------------------------------------------------------
| LH-K-14A I 285.6 286.7 1.1 0.600 |
--------------------------------------------------------
| II 288.5 288.8 0.3 0.073 |
--------------------------------------------------------
| III 291.2 291.9 0.7 0.896 |
--------------------------------------------------------
| LH-K-15A I 349.2 349.8 0.6 0.614 |
--------------------------------------------------------
| LH-K-15B I 367.2 367.4 0.2 0.038 |
--------------------------------------------------------
| LH-K-16A I 413.1 413.4 0.3 0.151 |
--------------------------------------------------------
| II 418.3 420 1.7 0.077 |
--------------------------------------------------------
| III 424.5 425.6 1.1 0.130 |
--------------------------------------------------------
| LH-K-17A I 334.1 335.8 1.7 0.081 |
--------------------------------------------------------
| LH-K-18A I 420.7 421.9 1.2 0.708 |
--------------------------------------------------------
| INCLUDING 421.3 421.9 0.6 1.168 |
--------------------------------------------------------
| LH-K-19A I 327 327.6 0.6 0.098 |
--------------------------------------------------------
| II 359.9 361.7 1.8 0.133 |
--------------------------------------------------------
| LH-K-20A I 298.3 299.2 0.9 0.120 |
--------------------------------------------------------
| II 304.8 305.3 0.5 0.058 |
--------------------------------------------------------
| III 308.9 319.1 10.2 0.842 |
--------------------------------------------------------
| INCLUDING 309.1 311.4 2.3 1.262 |
--------------------------------------------------------
| INCLUDING 312.1 313.3 1.2 1.170 |
--------------------------------------------------------
| INCLUDING 316.6 318 1.4 1.275 |
--------------------------------------------------------
|LH-K-5A** I 464 483.5 19.5 0.047 |
--------------------------------------------------------
|LH-K-6A** I 449.5 458 8.5 0.130 |
--------------------------------------------------------
|LH-K-8A** I 353.5 364 10.5 0.120 |
--------------------------------------------------------
|LH-K-8B** I 364.35 366.6 2.25 1.842 |
--------------------------------------------------------
| INCLUDING 365.45 366.1 0.65 5.881 |
--------------------------------------------------------
|LH-K-9A** I 436.2 440.7 4.5 0.238 |
--------------------------------------------------------
| INCLUDING 437 437.5 0.5 1.504 |
--------------------------------------------------------
|LH-K-9B** I 343.2 346.4 3.2 0.077 |
--------------------------------------------------------
|LH-K-9C** I 376.5 378.2 1.7 0.549 |
--------------------------------------------------------
| INCLUDING 376.6 377.3 0.7 1.065 |
--------------------------------------------------------
|KG-J-29B** I 713.7 721.5 7.8 0.087 |
--------------------------------------------------------
| LH-K-7A Lost hole due to technical difficulties |
--------------------------------------------------------
| LH-K-7B Lost hole due to technical difficulties |
--------------------------------------------------------
* Radiometric logging previously disclosed October 7, 2008
** Radiometric logging previously disclosed September 10,
now chemical assays
A longitudinal projection showing drill hole locations and
interval grades is available from Appendix A or can be viewed from
this link: http://www.tournigan.com/i/pdf/KuriskovaVLP.pdf.
Ravi Sharma, MAusIMM, Tournigan's manager of resources and
reserves, and a Qualified Person as defined by NI 43-101, has
reviewed and approved the technical disclosure contained in this
news release.
About Tournigan Energy Ltd.
Tournigan Energy is a uranium and gold exploration and
development company that has built a portfolio of highly
prospective assets in Europe. The company has focused its
development and obtained licences in Slovakia, a member of the
European Union since 2004. Slovakia is economically and politically
stable, has excellent infrastructure, an educated population and,
as of January 1, 2009, has adopted the Euro currency. Tournigan
Energy is committed to safe and sustainable exploration and mine
development in Slovakia and its other operational
jurisdictions.
On behalf of the Board of Directors of
TOURNIGAN ENERGY LTD.
"Dusty Nicol"
Dorian L. (Dusty) Nicol, President and CEO
Forward-looking statements: Certain of the statements made
herein, including any information as to the Company's future
financial or operating performance, may be forward-looking and
subject to important risk factors and uncertainties, many of which
are beyond the Corporation's ability to control or predict.
Accordingly, readers should not place undue reliance on
forward-looking statements. The Company undertakes no obligation to
update publicly or release any revisions to forward-looking
statements to reflect events or circumstances after the date of
this document or to reflect the occurrence of unanticipated
events.
The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this release.
Distributed by Filing Services Canada and retransmitted by
Marketwire
For further information please contact: Knox Henderson Tournigan
Energy Investor Relations (604) 637-3563 www.tournigan.com
Tournigan Energy Ltd. 1200 - 570 Granville Street, Vancouver BC
Canada V6C 3P1 Tel: (604) 683 8320 Fax: (604) 683 8340 Email: Email
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