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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Three Valley Copper Corp | TSXV:TVC | TSX Venture | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.025 | 0.025 | 0.03 | 0 | 01:00:00 |
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 Contact
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