TOURNIGAN Gold!
WKN 898464
Gerade über den Ticker!
Neues Goldvorkommen
Tournigan wird immer größer! Diese News ist wieder mal richtungsweisend. Am Freitag konnte Tournigan in Kanada 25% zulegen.
Entdeckt Tournigan Gold neues Goldvorkommen in der Slowakei?
Tournigan Gold Starts Kremnica South Exploration, Slovakia
11/17/03
VANCOUVER, BRITISH COLUMBIA, Nov 17, 2003 (CCNMatthews via COMTEX) --
Tournigan Gold Corporation (TVC:TSX.V) (`Tournigan`or the `Company`) is working on two fronts in the Slovak Republic. First, in order to rapidly progress to gold production, scoping study work has commenced on the Company`s 100% owned, one-mill
ion ounce plus Kremnica gold project centered on the historic Kremnica Mine. Second, Tournigan`s initial exploration program has started in the Kremnica South area, five kilometres south of the Kremnica Mine, which could host an entirely new, large gold deposit.
A steeply dipping, north-south oriented, fault system acted as the primary conduit for epithermal veining and gold mineralization in andesite host rocks at the Kremnica-Sturec mine area. Five kilometres south the andesite is covered by younger volcanic rocks. Widespread argillic-propylitic alteration, silicification and brecciation along with showings of arsenic, antimony and mercury are observed in these volcanic rocks. This type of alteration is typical of the upper levels of large-scale hydrothermal systems. Therefore, there is a strong possibility that there could be Kremnica-type gold mineralization in the andesite rocks below. Reports by the Slovak Geological Survey of gold occurring in drill holes and drainage tunnels beneath the area give support to the idea that Tournigan could discover an entirely new gold deposit in the Kremnica South area.
A four-person geological team has started mapping and conducting a geochemical soil survey on the Kremnica South targets which are partially covered by Tournigan`s Lucky exploration concession. Because of the compelling and widespread nature of the alteration observed in the area, Tournigan recently applied for the Lutila concession in order to cover all the known targets at Kremnica South; this increases the Company`s land holdings to over 70 square kilometres.
With its advanced projects at Kremnica as well as the Curraghinalt gold project in Northern Ireland, Tournigan is developing two important European gold properties towards production.
TOURNIGAN GOLD CORPORATION
`Damien Reynolds`
Damien Reynolds, President 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. See Tournigan`s release of June 26, 2003 for details of the Kremnica resource estimate.
Damien Reynolds President (604) 683-8320 or Garry Stock Executive VP (604) 683-8320 (604) 683 8340 (FAX) Email: info@tournigan.com or Leesa Peters Conduit PR + 44 (0)7812 159 885
WKN 898464
Gerade über den Ticker!
Neues Goldvorkommen
Tournigan wird immer größer! Diese News ist wieder mal richtungsweisend. Am Freitag konnte Tournigan in Kanada 25% zulegen.
Entdeckt Tournigan Gold neues Goldvorkommen in der Slowakei?
Tournigan Gold Starts Kremnica South Exploration, Slovakia
11/17/03
VANCOUVER, BRITISH COLUMBIA, Nov 17, 2003 (CCNMatthews via COMTEX) --
Tournigan Gold Corporation (TVC:TSX.V) (`Tournigan`or the `Company`) is working on two fronts in the Slovak Republic. First, in order to rapidly progress to gold production, scoping study work has commenced on the Company`s 100% owned, one-mill
ion ounce plus Kremnica gold project centered on the historic Kremnica Mine. Second, Tournigan`s initial exploration program has started in the Kremnica South area, five kilometres south of the Kremnica Mine, which could host an entirely new, large gold deposit.
A steeply dipping, north-south oriented, fault system acted as the primary conduit for epithermal veining and gold mineralization in andesite host rocks at the Kremnica-Sturec mine area. Five kilometres south the andesite is covered by younger volcanic rocks. Widespread argillic-propylitic alteration, silicification and brecciation along with showings of arsenic, antimony and mercury are observed in these volcanic rocks. This type of alteration is typical of the upper levels of large-scale hydrothermal systems. Therefore, there is a strong possibility that there could be Kremnica-type gold mineralization in the andesite rocks below. Reports by the Slovak Geological Survey of gold occurring in drill holes and drainage tunnels beneath the area give support to the idea that Tournigan could discover an entirely new gold deposit in the Kremnica South area.
A four-person geological team has started mapping and conducting a geochemical soil survey on the Kremnica South targets which are partially covered by Tournigan`s Lucky exploration concession. Because of the compelling and widespread nature of the alteration observed in the area, Tournigan recently applied for the Lutila concession in order to cover all the known targets at Kremnica South; this increases the Company`s land holdings to over 70 square kilometres.
With its advanced projects at Kremnica as well as the Curraghinalt gold project in Northern Ireland, Tournigan is developing two important European gold properties towards production.
TOURNIGAN GOLD CORPORATION
`Damien Reynolds`
Damien Reynolds, President 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. See Tournigan`s release of June 26, 2003 for details of the Kremnica resource estimate.
Damien Reynolds President (604) 683-8320 or Garry Stock Executive VP (604) 683-8320 (604) 683 8340 (FAX) Email: info@tournigan.com or Leesa Peters Conduit PR + 44 (0)7812 159 885
.
