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Die vergangene Meldung war diese:
News Release - Thursday, December 22, 2005
Tournigan Acquires South Dakota Uranium Claims; Updates Other
Projects
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Tournigan Gold Corporation is pleased to announce acquisition of mining
claims covering three highly prospective uranium areas in the Southern
Black Hills of South Dakota. The 272 federal lode mining claims cover
21.8 square kilometres (5,440 acres) and reportedly include historical
resource estimates as well as considerable historical exploration
drilling, based on research by Tournigan's US partner, Sweetwater River
Resources LLC. Tournigan is also pleased to provide operational
updates on the Jahodna uranium project and the Kremnica gold project in
Slovakia. Both projects remain essentially on schedule, but updated
resource estimates for each project will now be published mid to late
January.
South Dakota Uranium Acquisition
The area covered by the three new Tournigan claim blocks in South
Dakota were initially held by Union Carbide and the Tennessee Valley
Authority as part of a larger block known as the Chord claims. The
Chord claims encompassed more than 40 small open pits as well as a few
underground operations. Combined operations on the Chord Property
produced uranium intermittently from the early 1950's until the late
1960's, supplying feed to a former mill at Edgemont, South Dakota.
These newly acquired claims lie just across the Wyoming-South Dakota
border, in close proximity to Tournigan's Wyoming claims.
The three new Tournigan South Dakota claim blocks are known as the
Long, RC and DH Claims and are generally located within the Long
Mountain structural zone. This northeast trending fault zone, which
was partially covered by the historic Chord claims, is approximately
two miles wide, with mineralization hosted in four sandstone formations
(two in the Cretaceous Lakota Formation and two in the overlying Lakota
Formation).
Long Claims
Consisting of 141 claims, the western portion of the Long Claims
encompasses a 2.8 mile long by 1.0 mile wide mineralized trend that
includes pre-existing Strathmore Minerals claims which cover the
historic Viking / Virginia C, and Ridge Runner ore bodies. This trend
projects southeast towards the historically significant October -- Jinx
ore bodies. The eastern portion of the Long Claims surrounds the
historic Long Mountain ore bodies, a fraction of which is also covered
by Strathmore claims. Union Carbide reported open pit mining
"reserves" (historic) from eight deposits containing a combined 323,800
tons with an average grade of 0.062 % U3O8 equating to 402,990 lbs
U3O8. The Union Carbide Long Mountain project included a mine plan and
Draft Environmental Impact Statement completed in 1981.
RC Claims
Approximately 1 mile to the east of the Long Claims is the 62-claim RC
claim-block, which hosts two prospective areas of uranium
mineralization as well as the as-yet un-quantified Hot Point ore body.
DH Claims
The DH claim block (69 claims, 1,380 acres) occurs 1 mile to the south
of the RC Claims and covers an area reported by the United States
Geologic Survey in 1971 to contain "widespread low grade and some
economic mineralization". Historic production was won from several
small pits and at least two small underground operations where the
reported average grade was 0.25% U3O8 and 0.30% V2O5 (vanadium oxide).
Jahodna Uranium Project Update
Tournigan has completed 3 confirmatory diamond drill holes at the
Jahodna uranium project in Slovakia. The program is now on hold due to
severe winter weather and the holidays. Geochemical analysis of the
split core will be completed shortly by OMAC Labs in Ireland. OMAC is
experiencing heavy workloads, but Tournigan believes results will be
returned in time to release a National Instrument 43-101-compliant
technical report and resource estimate in mid-January, 2006. An
independent Preliminary Assessment is planned for early 2006, along
with the in-fill and step-out exploration drilling that will follow
publication of the resource estimate (as announced October 18, 2005).
Kremnica Gold Project Update
The pre-feasibility RC in-fill drilling is complete at the Kremnica
gold project in Slovakia, with final assays received last week.
Additional re-assaying of historic diamond drill results from 1996-1997
are in progress, as part of the necessary QA/QC for the current level
of feasibility work. The upgraded 43-101-complient technical report and
resource estimate is now scheduled for publication by the end of
January 2006 by Beacon Hill Consultants. This estimate should provide
the requisite Measured and Indicated Resources necessary for
Pre-feasibility and Feasibility Studies. The Pre-feasibility Study for
Kremnica is in progress by Beacon Hill, scheduled for completion in
April 2006.
Tournigan Gold is focused on developing advanced projects in Europe -
Kremnica (gold) in Slovakia, Curraghinalt (gold) in Northern Ireland,
and Jahodna (uranium/molybdenum) in Slovakia. Tournigan's asset mix
also includes a portfolio of uranium properties in Wyoming and South
Dakota, as well as VMS projects in Slovakia and Northern Ireland.
TOURNIGAN GOLD CORPORATION
"James Walchuck"
James Walchuck, President and CEO
The Qualified Person for South Dakota, Wyoming, Jahodna and Kremnica,
Dr. Kent Ausburn, has reviewed all technical disclosure in this
release.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release. Statements
in this press release other than purely historical information,
including statements relating to the Company's future plans and
objectives or expected results, constitute forward-looking statements.
Forward-looking statements are based on numerous assumptions and are
subject to all of the risks and uncertainties inherent in the Company's
business, including risks inherent in mineral exploration and
development. As a result, actual results may vary materially from
those described in the forward-looking statements.
For further information please contact Garry Stock, Executive VP at
(604) 683-8320, or visit http://www.tournigan.com
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Copyright (c) 2005 TOURNIGAN GOLD CORPORATION (TSXV-TVC) All rights
reserved. For more information visit our website at
http://www.tournigan.com/ or send mailto:info@tournigan.com
Message sent on Dec 22, 2005 at 6:30:00 AM Pacific Time
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Diese Nachricht ist noch nicht in ihre HP eingepflegt.
mfG Odin