Fri Jul 25, 2003
Tournigan Announces Start of Drilling at Curraghinalt Gold Project, N. Ireland
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VANCOUVER -- Tournigan Gold Corporation announces that drilling has started on the Curraghinalt gold project in Northern Ireland. The existing resources at Curraghinalt are 255,000 ounces of gold defined over a one thousand metre strike length (See Tournigan's Press Release of July 11, 2003). The resource is open in all directions and the object of this new drilling campaign is to expand the existing resource to the east and south-east where soil geochemical surveys and trenching have revealed vein extensions and possibly new veins.
A program of detailed geological mapping of the Curraghinalt veins has recently been completed in the existing seven hundred metres of underground workings. This work has resulted in an understanding of the factors controlling the emplacement and continuity of the high-grade ore shoots that occur within the Curraghinalt veins. This new drilling campaign is designed, in part, to test the extension of these high-grade zones.
Although the average grade of the Curraghinalt resource is 16.96 grams of gold per tonne (g/t) over a mining width of 1.25 metres, it has been found that higher grade ore shoots exist within the veins. For instance, previous operators have reported 126.37 g/t, and 98.65 g/t over 2.73 and 1.95 metres respectively from an ore shoot in the T17 vein. Three grab samples recently collected from underground by Tournigan staff have confirmed the existence of these high-grade zones within the T17 vein. The assay results from these samples are as follows:
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Sample No Description Grade - g/t gold
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A0229 Massive pyrite with chalcopyrite 181
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A0230 Heavily pyritic quartz vein material 157
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A0231 Weakly pyritic quartz vein 64
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Management of Tournigan believes that the Curraghinalt deposit is part of a 7 to 8 kilometre long mesothermal vein system. Ongoing soil geochemical and VLF geophysical surveys are successfully tracing the veins both to the east and west of the Curraghinalt deposit.
TOURNIGAN GOLD CORPORATION
Michael Hopley
Michael Hopley, Chief Operating Officer and Director
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:
Tournigan Gold Corporation:
Damien Reynolds, President
Tel: (604) 683-8320
Garry Stock, Executive VP
Tel: (604) 683-8320
www.tournigan.com
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