TOURNIGAN! Es ist SOWEIT
weiter schöner kursverlauf
widerstand bei 3,00 cad und bei ath 3,25cad
mal schauen was die avisierten bohrérgebnisse (bis zur 2. nov. woche) bringen
bei positiven news könnte es vielleicht in richtung sprott´s kz von 4,40 cad gehen
Last Trade: 02 Nov 2006 15:59 EST | |||
Price | 2.850 | Net Change | +0.050 |
Last Bid Size | 14 | Volume | 278,883 |
Last Bid Price | 2.810 | Open | 2.800 |
Last Ask Price | 2.870 | High | 2.930 |
Last Ask Size | 7 | Low | 2.750 |
Time | Price | Shares | $ Change | Buyer | Seller |
---|---|---|---|---|---|
15:59 | 2.850 | 10,000 | +0.050 | Sprott | Sprott |
15:57 | 2.850 | 1,500 | +0.050 | Dundee | Sprott |
15:56 | 2.860 | 2,000 | +0.060 | TD Securities | Sprott |
15:52 | 2.860 | 30,000 | +0.060 | Wellington | Sprott |
15:52 | 2.870 | 1,000 | +0.070 | TD Securities | Sprott |
15:45 | 2.870 | 1,000 | +0.070 | BMO Nesbitt | Anonymous |
15:45 | 2.870 | 2,000 | +0.070 | Interactive | Anonymous |
15:45 | 2.870 | 1,300 | +0.070 | BMO Nesbitt | Anonymous |
15:39 | 2.880 | 2,500 | +0.080 | Interactive | HSBC |
15:37 | 2.880 | 2,500 | +0.080 | E*TRADE Sec. | HSBC |
Last Updated: 01 Nov 2006 | |
Rolling 52 Week High | 3.250 |
---|---|
Rolling 52 Week Low | 0.485 |
Total Number of Shares | 111,986,263 |
Shares in Escrow | 0 |
Net Shares Outstanding | 111,986,263 |
Float Quoted Market Value | 313,561,536 |
09:31 2.690 127,800 +0.020 Sprott Sprott
09:30 2.690 69,300 +0.020 Dundee Dundee
09:30 2.690 230,700 +0.020 Dundee Dundee
VANCOUVER, BC--(MARKET WIRE)--Nov 8, 2006 -- Tournigan Gold Corporation (TSX VENTURE:TVC.V - News) (Frankfurt:TGP.F - News) is pleased to announce that it has received geochemical assay results from five drill holes of a planned eighteen-hole, 6200-metre diamond-drill program currently in progress at its Jahodna uranium project in the Republic of Slovakia. With these partial drill results, known uranium mineralization at Jahodna is now extended approximately 50 metres below (down-dip of) the deepest known mineralized drill hole and approximately 100 metres along strike to the southeast. In addition to exploring for extensions to the deposit, a number of in-fill holes were drilled to attempt to upgrade the reliability of the current inferred resource.(1) The deposit is open to depth and along strike.
"We are pleased with the initial Jahodna drill results as they indicate that the current mineralization extends down dip and along strike beyond its previous boundaries," said James Walchuck, President and CEO of Tournigan Gold Corporation. "This exploration drill program is just a small part of a regional exploration program planned on the 40-kilometre trend between the Jahodna and Novoveska Huta properties."
All drill holes indicated in this release have drill targets at total depths of between 380 metres and 596 metres. Assays received from the current Jahodna drill program are as follows:
--------------------------------------------------
*Percent U3O8 Percent Molybdenum
Drill Hole Number Interval (core length) Geochem assays Geochem assays
--------------------------------------------------
KG-J-9 2.0 m (491.5 - 493.5 m) 0.56 0.072
--------------------------------------------------
Including 1.0 m (492.5 - 493.5 m) 0.88 0.081
--------------------------------------------------
Including 0.5 m (492.5 - 493.0 m) 1.36 0.081
--------------------------------------------------
KG-J-4 1.20 m (545.2 - 546.4 m) 0.20
Not significant
Including 0.8 m (545.2 - 546.0 m) 0.24
--------------------------------------------------
KG-J-10 1.0 m (375.8 - 376.8 m) 0.20 Not significant
--------------------------------------------------
KG-J-3 0.6 m (327.4 - 328.0 m) 0.12 0.080
--------------------------------------------------
KG-J-12 0.8 m (389.0 - 389.8 m) 0.05 Not significant
--------------------------------------------------
ADVERTISEMENT
*All uranium analytical data are reported by the lab and received by Tournigan as ppm-U (uranium metal) and subsequently converted for presentation by Tournigan to %-U3O8 using a conversion factor of 1.17.
Drill Hole Interpretation
Of particular significance is drill hole KG-J-9, which revealed a new zone of high-grade uranium mineralization located approximately 150 metres southeast and 100 metres further down-dip of the previously known zone of high-grade mineralization (i.e. KG-J-1a which ran 10.33% U3O8 over 0.9 metres core length, and KG-J-2 which contained an intersection of 1.32% U3O8 over 1.1 metres).
Drill holes KG-J-3 and KG-J-12 contain mostly fault gouge and lower values of U3O8. It is believed that both these holes intercepted un-mineralized steeply-dipping faults at low angles and followed the fault gouge throughout much of the length of the holes. The Jahodna property contains a number of late brittle faults containing abundant fault gouge which is typically barren of mineralization.
Jahodna Inferred Resource
Tournigan owns 100% of the Jahodna exploration and mining licenses in eastern Slovakia. The Jahodna deposit currently hosts an inferred resource of 18.2 million lbs of uranium oxide (U3O8) at a grade of 0.656% U3O8 contained in 1,256,000 tonnes with a cut-off grade of 0.035% U3O8. An independent preliminary assessment(2) on Jahodna, prepared by ACA Howe International Ltd. and delivered to Tournigan in April, 2006, modeled an underground operation with a per annum production rate of 100,000 tonnes. Production costs were estimated at US$9.15 per pound for an estimated IRR of 44% using a US$35.00 uranium price.
The dimensions of the existing Jahodna resource block(1) are approximately 500 metres along strike and 500 metres down-dip and averaging about 2.5 metres thick. Results from the initial five drill holes reported here have filled some of the gaps in the existing resource block, therefore advancing the level of confidence regarding continuity of uranium mineralization within the known deposit. Pending assay results from completed drill holes and results from in-progress and planned drill holes are expected to further clarify the level of mineralization-continuity within the deposit and the dimensions of the deposit.
Uranium-molybdenum mineralization occurs at the Jahodna deposit as strata-bound lenses of uranium-oxide and copper-molybdenum sulfide minerals +/- ptygmatic-folded quartz-carbonate veins localized along the steep-to-moderate dipping contact of overlying meta-volcanic rocks (andesite flows and tuffs) and underlying meta-sedimentary rocks (slates and quartzites).
Additional Drilling
There are six drill holes currently awaiting geochemical analysis. Final geochemical analyses of these holes are expected in January. All holes in this program, both completed and planned, are illustrated in the attached schematic longitudinal vertical projection. In addition, there are six additional holes representing up to 1,400 metres of drilling which are expected to be completed by year-end.
For A Detailed Map Of The Planned Drill Program On The Jahodna Deposit, Click here.
http://www.usetdas.com/maps/TourniganGold/tourniganMAPnov8.pdf
The following map can be found on the Filing Services Canada website.
Notes on Methodology and QA/QC
Jahodna drill core are transported to the Kremnica site where geological logging, preliminary interpretation, and sample interval selection takes place. At Kremnica, selected sample intervals are sawn in half and 1/2 of the split-core is transported to an ALS Chemex sample preparation lab in Sweden, where they are crushed, pulverized and resultant pulps are prepared for transport to ALS Chemex lab in Vancouver, Canada for geochemical analysis. ALS Chemex\'s North Vancouver laboratory has ISO 9001:2000 registration. It has also received ISO 17025 accreditation from the Standards Council of Canada under CAN-P-1579 "Guidelines for Accreditation of Mineral Analysis Testing Laboratories." Half of the Jahodna split-core is stored at Kremnica. The Kremnica preparation lab has been audited by ALS Chemex and the sampling procedure has met ALS Chemex guidelines.
Dr. Kent Ausburn, VP Exploration, Tournigan Gold, a Qualified Person as defined by National Instrument 43-101, has reviewed and approved the technical disclosure contained in this news release. Drill hole planning, implementation and the quality control program for this Jahodna drill program are also supervised and approved by Dr. Ausburn.
(1) The Jahodna mineral resource estimate has been prepared by ACA Howe International Ltd. in a National Instrument 43-101 compliant technical report entitled "Jahodna Uranium Project, Slovakia," dated March 28, 2006. Mineral resources do not have demonstrated economic viability.
(2) Note that this preliminary assessment is by definition preliminary in nature and is based on an inferred resource that is currently considered too speculative geologically to have the economic considerations applied to it that would enable it to be categorized as a mineral reserve, according to Definition Standards of the Canadian Institute of Mining, Metallurgy and Petroleum. Generally, an economic evaluation would only be completed on measured and indicated Resources, and there is no certainty that this preliminary assessment will be realized.
Tournigan Gold is focused on developing advanced mineral projects in Europe - Kremnica (gold) and Jahodna (uranium/molybdenum) in Slovakia, and Curraghinalt (gold) in Northern Ireland. Tournigan\'s asset mix also includes a Portfolio of uranium properties in Slovakia, Wyoming, South Dakota and Arizona, as well as VMS projects in Slovakia and Northern Ireland.
On behalf of the Board of Directors of
TOURNIGAN GOLD CORPORATION
"James Walchuck"
James Walchuck, President and CEO
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.
Cautionary Note to U.S. Investors - The United States Securities and Exchange Commission ("SEC") permits mining companies in their filings with the SEC to disclose only those mineral deposits that a company can economically and legally extract or produce. We use certain terms in this news release, such as "inferred resource," that the SEC guidelines strictly prohibit us from including in our filing with the SEC. U.S. investors are urged to consider closely the disclosure contained in our Form 20-F Registration Statement, File No. 000-50486. You can review and obtain copies of our filings from the SEC\'s website at http://www.sec.gov/edgar.shtml.
Distributed by Filing Services Canada and retransmitted by Market Wire
Aufgrund der doch großen Blocktrades in den letzten Wochen tendiere ich zu Ersterem.
Die lange Wartezeit auf die Resourcenupdates und die dann doch eher magere Meldung läßt auch auf Zweiteres schließen.
Vielleicht überrascht man uns ja auch mit z.B. positiven Fortschritten in den Verhandlungen zum Abbau in der Slowakei oder mit einer Zusammenarbeit mit einem Big-Player oder auch mit dem Aufkauf/Einstieg bei einem Produzenten oder mit dem Erwerb von neuen Lizenzen...
Aber wer von uns weiß schon was da im Hintergrund so alles abläuft...
Wer weiß denn welche Resourcenupdates aktuell in diesem Jahr noch anstehen ?
gibt es am bisherigen ath einen abpraller oder geht es durch?
an der fse noch offenes gap bei 1,55€ in canada nicht...
2006-11-23 09:22 ET - In the News
See In the News (C-CCO) Cameco Corp
The Globe and Mail reports in its Thursday, Nov. 23, edition there is exactly one sell among the current analysts\' recommendations gathered by Bloomberg of the 11 best-known Canadian-listed mining companies. The Globe\'s John Partridge writes this is compared with 13 holds and 40 buys. The only sell rating belongs to Cameco, the largest producer of uranium. Nine different buys overwhelm the only sell. Paladin Resources\' stock has more than quadrupled in value over the past year, while SXR Uranium One has more than doubled. Growing demand for atomic power is fueling the recent popularity of uranium, as well as an already large gap between demand and supply of the metal. Kevin Bambrough, a market strategist with Sprott Asset Management, remembers when only 15 companies were involved with atomic power and only eight in uranium mining. With hundreds of options now, the odds of picking winners have gotten steeper. These days Sprott is favouring smaller companies trying to revive historical properties. Currently Sprott likes Tournigan Gold a Vancouver-based company that has bought the three largest abandoned uranium mines in Slovakia, once the world\'s third-largest producer of the metal.
Price 2.990 Net
Change +0.370
Last
Bid Size 5 Volume 1,335,080
Last
Bid Price 2.950 Open 2.700
Last
Ask Price 2.990 High 3.000
Last
Ask Size 32 Low 2.700
Last Ten Trades Time Price Shares $ Change Buyer Seller
15:59 2.990 1,800 +0.370 Ntl. Bank Fin. Anonymous
15:59 2.990 3,200 +0.370 Ntl. Bank Fin. RBC
15:58 2.990 1,000 +0.370 TD Securities RBC
15:58 2.990 3,600 +0.370 CIBC RBC
15:58 2.980 200 +0.360 CIBC RBC
15:57 2.980 200 +0.360 Interactive RBC
15:57 2.920 50 OLT Pacific Union
15:56 2.990 1,100 +0.370 TD Securities RBC
15:56 2.990 900 +0.370 TD Securities Anonymous
15:55 2.990 500 +0.370 RBC RBC
End of Day Data Last Updated: 22 Nov 2006
Rolling 52 Week High 3.250
Rolling 52 Week Low 0.550
Total Number of Shares 111,986,263
Shares in Escrow 0
Net Shares Outstanding 111,986,263
Float Quoted Market Value 293,404,009
Last Trade: 24 Nov 2006 15:59 EST
Price 3.170 Net
Change +0.180
Last
Bid Size 8 Volume 1,276,665
Last
Bid Price 3.170 Open 2.990
Last
Ask Price 3.180 High 3.170
Last
Ask Size 70 Low 2.990
Last Ten Trades Time Price Shares $ Change Buyer Seller
15:59 3.170 1,000 +0.180 Ntl. Bank Fin. Berkshire
15:59 3.170 1,000 +0.180 Ntl. Bank Fin. Penson
15:59 3.170 10,000 +0.180 Ntl. Bank Fin. CIBC
15:59 3.170 500 +0.180 Ntl. Bank Fin. E*TRADE Sec.
15:58 3.170 5,000 +0.180 Ntl. Bank Fin. Ntl. Bank Fin.
15:58 3.170 2,000 +0.180 Ntl. Bank Fin. Canaccord
15:58 3.170 4,000 +0.180 Ntl. Bank Fin. RBC
15:58 3.140 700 +0.150 Ntl. Bank Fin. CIBC
15:57 3.150 300 +0.160 E*TRADE Sec. CIBC
15:57 3.150 1,500 +0.160 E*TRADE Sec. RBC
End of Day Data Last Updated: 23 Nov 2006
Rolling 52 Week High 3.250
Rolling 52 Week Low 0.550
Total Number of Shares 111,986,263
Shares in Escrow 0
Net Shares Outstanding 111,986,263
Float Quoted Market Value 334,838,926
aber wohin wird sich der Kurs bis Ende des Jahres entwickeln ?
Jetzt stellt sich für den schüchternen Aktienlaien wieder mal die Frage...verkaufen..oder doch noch warten und evtl. wieder fallende Kurse sehen...
es ist sinnlos zurückzublicken und sich zu ärgern
ad 1 es solte so sein
ad 2 änderst du durch ärgern nichts sondern machst dich damit nur runter
ich halte momentan noch 83% meines tvc bestandes
werde aber teilverkäufe tätigen, zumal 90% steuerfrei sind.
denke mal der hype hat erst angefangen
sprott (altes) kz ist 4,40 cad, dundee hat vor kurzem von 5,10 auf 5,50 cad erhöht
allerdings rechne ich auch mit rückgängen und test des mai ath´s von 3,25cad.
bin auch mit ner größeren posi bei tennant drin und lass die 1-2 jahre laufen
interessant auch RSM und Thor....
schaun wer mal...
ein schönes WE
gruss juergen
==================================================
Tournigan Gold Corporation (Vancouver, B.C. -- TSX.V: TVC) would like
to present shareholders with an update of its European and USA uranium
and gold projects.
URANIUM TARGETS
Slovakia
Tournigan has four uranium deposits situated on four exploration
licenses in Slovakia. The most advanced deposit is Jahodna where an
inferred resource of 1.2 million tonnes of 0.66 % U3O8 or approximately
18 million pounds of uranium oxide has been outlined using a 0.035%
U3O8 cut-off. An NI 43-101 technical report was completed by ACA Howe
International Ltd. in March, 2006.
At Jahodna, a 6200-metre diamond drill program is nearing completion.
Five holes reported from the current drill program confirm that Jahodna
is open at depth and along strike. The Company anticipates releasing
information from an additional three holes before year-end. Assays from
the remaining holes will be released in the first quarter of 2007.
Intense industry activity has caused significant backlogs at all assay
labs and delaying receipt of assay results.
At the Novoveska Huta deposit, a four-hole drill program has been
initiated to verify an historic resource outlined by forty drillholes.
The first drillhole has been completed. Drilling at Novoveska Huta is
planned for the new year.
Tournigan's exploration licenses cover nearly 55 kilometres of strike
along the Jahodna-Novoveska Huta geological trend. The Company is
currently designing a helicopter-borne airborne radiometric and
magnetics survey which will be flown at 100-metre line-spacing along
the Jahodna-Novoveska Huta trend in the spring of 2007.
USA
In June 2005, the Company entered into an agreement to acquire up to
100% of a portfolio of uranium mining claims in the USA from Sweetwater
River Resources LLC ("Sweetwater"). The properties are located in
Wyoming, South Dakota and Arizona, USA.
18 Priority Uranium Targets on the Arizona Strip:
Phase 1 of an exploration program has been conducted on 413 federal
lode mining claims (approximately 8,260 acres) staked in the North Rim
area of the Arizona Strip uranium district in the state of Arizona,
USA. The program, which consists of soil geochemical and geophysical
surveys as well as geological mapping and rock sampling has narrowed 89
initial potential breccia pipes to 18 priority targets. A ground CSAMT
-- AMT geophysics survey began last week. The CSAMT-AMT survey is
intended to help define the 3-D geometry of the prospective breccia
pipes prioritized for drilling, thereby allowing more accurate
targeting of drill holes. The data from this ground geophysics program
will be compiled and interpreted in the first quarter of 2007, and a
drill program designed shortly thereafter. Drilling of the Arizona
Strip uranium district is anticipated to begin late in Q1 2007.
South Dakota:
As part of the Sweetwater agreement, Tournigan also has uranium
properties in South Dakota (approximately 5,120 acres), where the
Company is negotiating with a private party to acquire a geological
database, consisting of historic drill data and geology conducted by a
major uranium exploration company in the 1970's.
Wyoming:
The Sweetwater joint venture includes three claim groups located in the
Shirley Basin (3,540 acres), Great Divide Basin (5,020 acres), and
Green River Basin (3,460 acres) Uranium Districts in Wyoming, USA,
where there was significant historical uranium exploration or
production. Tournigan is currently assessing the possibility of
additional staking in locations where major mining companies previously
identified uranium mineralization and/or resources, in areas close to
former producing uranium mines or ISL (in-situ leach) operations.
GOLD PROJECTS
Europe
Kremnica:
At the Kremnica Gold Project, located in Slovakia, the results of a
pre-feasibility study being conducted by Beacon Hill Consultants (1988)
Ltd. on the Sturec deposit are due this month. The Sturec deposit has a
measured and indicated resource of 959 thousand ounces of gold and 7.7
million ounces of silver hosted within 18.8 million tonnes of material
with an average grade of 1.59 g/t gold and 12.78 g/t silver. An
additional 272 thousand ounces of gold and 1.5 million ounces of silver
are classified in the inferred category - (6.4 million tonnes averaging
1.32 g/t gold and 7.42 g/t silver). The stated resources are based on a
cutoff of 0.75 g/t gold. Beacon Hill Consultants tabled an NI 43-101
technical report on the Sturec gold deposit in May, 2006.
Exploration drilling is on-going at Kremnica South where exploration
(geologic and rock-soil geochemical surveys) conducted by Tournigan has
revealed the presence of low-level gold mineralization associated with
the shallow (near-surface) levels of a large epithermal system. Drill
results from four recently completed and ongoing exploration diamond
drill holes at Kremnica South are expected in early 2007.
Curraghinalt:
The Curraghinalt Gold Project, located in Northern Ireland UK, has two
drill rigs currently drilling at the property. The Curraghinalt gold
deposit contains an inferred gold resource of 262,000 ounces of gold
contained within 527,700 tonnes of material, with an average grade of
15.45 g/t gold at a cutoff of 6.0 g/t gold. An NI 43-101 technical
report on the deposit was completed by John Tully & Associates in
January of 2005.
USA
Nevada:
In Nevada, Tournigan is currently working to earn an initial 51%
interest in three precious metals projects from AuEx Ventures Inc. The
portfolio consists of two epithermal gold and gold-silver projects, the
Fireball and Gypsum Valley projects, and a mesothermal meta-volcanic
hosted gold-silver project of likely intrusive-related origin, the JPW
project. The three project areas are all contained within a land
package of approximately 65 square kilometres (16,000 acres), located
32 kilometres northeast of Fernley in Churchill County, Nevada.
This year the Company conducted geological (mapping and rock sampling),
soil geochemistry, ground magnetometer geophysical surveys over all of
the project areas within the claims. Field work related to these
drill-target generative Phase 1 exploration programs is complete. Data
generated from these programs is currently being digitized and compiled
into GIS databases. The data will then be interpreted and applied to
the design of priority drill targets for a 2007 exploration drill
program.
Tournigan Gold Corporation is focused on developing advanced mineral
projects in Europe - Kremnica (gold) and Jahodna (uranium/molybdenum)
in Slovakia, and Curraghinalt (gold) in Northern Ireland. Tournigan's
asset mix also includes a portfolio of uranium properties in Slovakia,
an earn-in agreement for properties in Wyoming, South Dakota and
Arizona, as well as a gold JV in Nevada and VMS projects in Slovakia
and Northern Ireland.
Dr. Kent Ausburn, the Company's VP Exploration and a Qualified Person
as defined by National Instrument 43-101, has reviewed and approved the
technical disclosure contained in this news release.
TOURNIGAN GOLD CORPORATION
"James Walchuck"
James Walchuck, President and CEO