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News Release - Friday, July 25, 2003
Tournigan Announces Start of Drilling at Curraghinalt Gold
Project, N. Ireland
==================================================
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:
--------------------------------------------------
Sample No Description Grade - g/t gold
--------------------------------------------------
A0229 Massive pyrite with chalcopyrite 181
--------------------------------------------------
A0230 Heavily pyritic quartz vein material 157
--------------------------------------------------
A0231 Weakly pyritic quartz vein 64
--------------------------------------------------
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
==================================================
Copyright (c) 2003 TOURNIGAN GOLD CORPORATION (TSXV-TVC) All rights
reserved. For more information visit our website at
www.tournigan.com/ or send mailto:info@tournigan.com
Message sent on Fri Jul 25, 2003 at 11:30:45 AM Pacific Time
================================================== AG-Filter: Tournigan Gold C.
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