* Tournigan Gold -898464- *

News Releases - Wednesday, October 01, 2003
     Curraghinalt Drilling Results Prove Vein Extensions -- Drilling
     to Continue
==================================================
Tournigan Gold Corporation ("Tournigan") announces positive results
from an ongoing diamond drilling program on the Curraghinalt gold
project in Northern Ireland.  Drilling will continue as Tournigan
advances the project towards a feasibility study and production.  A
summary of other exploration activities on the Curraghinalt-Tyrone gold
projects are also announced.


Curraghinalt Drilling

The previous operator of the property drilled several widely-spaced
drill holes to the southeast of the Curraghinalt resource the results
of which showed a number of vein intersections showing strong gold
mineralization which suggested that the Curraghinalt veins could be
traced some considerable distance to the southeast.  The purpose of
Tournigan's drilling was to test these possible southeast extensions of
the three main veins that make up the Curraghinalt resource.  Gold
mineralization occurs in discrete close-spaced veins and ore shoots
localized in a block approximately 1,000 metres long, 250 metres
across, and 150 metres in depth with mineralization open in all
directions.  The Curraghinalt veins are relatively narrow and
high-grade with complex geometry that pinch-and-swell and split along
strike and down dip.  Individual veins appear to be quite persistent
along strike and down dip but widths vary over short distances.  Veins
commonly swell into 1 to 3 metre wide ore-shoots over lengths of 30 to
50 metres along strike and down dip forming tabular shaped ore bodies,
which then pinch down to widths of 10 to 20 centimetres or less.

Recent Tournigan drill results have successfully demonstrated that the
veins can be traced to the southeast and that the potential to
significantly increase the size of the Curraghinalt deposit is
therefore considered good.  As a result Tournigan has decided to
continue drilling to better define and enlarge the Curraghinalt
resource.

Preliminary results have been received from three drill holes and a
fourth hole is still in progress.  Results show that mineralized
extensions of the three main veins known as the T-17, No. 1 and 106-16
veins were intersected in all three drill holes.  In addition a new
vein or veins were intersected. The four new diamond drill holes extend
approximately 325 metres southeast of the east end of the existing
resource block and the holes are collared at an average spacing of
approximately 100 metres along strike.  Drill spacings of a minimum of
30 metres will eventually be required to fully define ore shoots within
the veins.  These initial exploration drill holes were designed to
confirm the southeast continuity of the known mineralized veins.
Results are summarized as follows:


--------------------------------------------------
Drill Hole           From - to     Length    Grams per
                    (metres)     (metres)   tonne gold    Vein
--------------------------------------------------
CT-1             120.87 - 121.05    0.18       28.24       T-17
--------------------------------------------------
                *161.7 - 163.25    1.55        7.0       No. 1
--------------------------------------------------
*Includes       162.19 - 162.73    0.54       17.69
--------------------------------------------------
               *178.28 - 179.72    1.44       14.81     106-16
--------------------------------------------------
*Includes        178.28 - 179.22    0.94       22.94
--------------------------------------------------
               *186.78 - 188.18     1.4        5.0      New Vein
--------------------------------------------------
*Includes        186.78 - 186.88    0.10       14.8
--------------------------------------------------
                187.29 - 187.44    0.15       10.84
--------------------------------------------------
                187.68 - 187.84    0.16       10.03
--------------------------------------------------
                188.05 - 188.18    0.13       12.74
--------------------------------------------------
CT-2              53.01 - 53.20     0.19       79.31      T-17
--------------------------------------------------
                 66.68 - 67.24     0.56       11.03      No.1
--------------------------------------------------
                 95.28 - 95.57     0.29        7.66      106-16
--------------------------------------------------
                120.37 - 120.47    0.10       15.44      New Vein
--------------------------------------------------
CT-3              48.35 - 48.80     0.45       12.54      T-17
--------------------------------------------------
                 64.70 - 65.00     0.30       25.73      No. 1
--------------------------------------------------
               *112.32 - 115.15    2.83       12.4       106-16
--------------------------------------------------
*Includes        112.32 - 113.72    1.40       19.07
--------------------------------------------------
  "             112.32 - 112.72    0.40       20.74
--------------------------------------------------
  "             112.72 - 113.22    0.50       16.56
--------------------------------------------------
  "             113.22 - 113.72    0.50       20.10
--------------------------------------------------
  "             114.70 - 115.15    0.45       17.69
--------------------------------------------------
                121.36 - 122.56    1.25        9.38      New Vein
--------------------------------------------------


The above results demonstrate that the three main veins at Curraghinalt
can be traced at least an additional 325 metres to the southeast and
substantiate the existence of at least three high-grade ore shoots.

The previous operator of the property drilled several-widely spaced
diamond drill holes extending some 400 metres from the east end of the
resource block in the same general area as the recent Tournigan
drilling.  Selected assay results are as follows:


--------------------------------------------------
Drill Hole           From - to     Length    Grams per
                    (metres)     (metres)   tonne gold    Vein
--------------------------------------------------
DDH#106-17          45.7 - 46.54    0.84       15.02       T-17
--------------------------------------------------
                 *86.11 - 87.09    0.98       23.64       No. 1
--------------------------------------------------
*Includes          86.11 - 86.59    0.48       46.84
--------------------------------------------------
                *113.04 - 113.89   0.85       16.28       106-16
--------------------------------------------------
*Includes         113.04 - 113.33   0.29       46.69
--------------------------------------------------
DDH#106-18        *67.56 - 68.74    1.18       16.38       No. 1
--------------------------------------------------
*Includes          68.06 - 68.24    0.18      104.63
--------------------------------------------------
DDH#106-19        *41.59 - 46.52    4.93        9.92       T-17
--------------------------------------------------
*Includes          42.09 - 43.52    1.43       32.29
--------------------------------------------------
  "               42.09 - 42.25    0.16      225.85
--------------------------------------------------
DDH#106-59         33.44 - 33.59    0.15       60.76      No name
--------------------------------------------------
                  66.97 - 68.00    1.03       18.17
--------------------------------------------------
DDH#106-63         23.10 - 23.80    0.70       25.30
--------------------------------------------------


The combination of the Tournigan and historic drill results clearly
shows that at the T-17, No.1 and 106-16 veins continue at least 400
metres to the southeast.  Because these drill holes are widely spaced
they are not necessarily representative of the true tenor of the vein
mineralization.

The resource previously estimated at Curraghinalt is 468,097 tonnes at
an average grade of 16.96 gram/tonne gold - equating to 255,000 ounces
of gold.  This resource was calculated with a 6 gram/tonne cutoff using
a 1.25 metre minimum mining width over a strike length of approximately
1,000 metres.  Based on Tournigan's Phase 1 drilling results and
results from previous operators, Tournigan staff has estimated that
with further closely-spaced drilling to similar depths as previous
drilling, a 400 metre southeast extension of these three veins would
add approximately 150,000 - 250,000 tonnes to the present resource at a
estimated average grade of 13 - 21 grams/tonne gold.  NOTE: These
estimates are conceptual in nature using the same parameters previously
used in resource estimates projected along the vein system. There is
currently insufficient data in these areas to define a mineral resource
and it is uncertain that further exploration will result in additional
resources.

These results are encouraging and consequently drilling will continue
at Curraghinalt.  The new drilling will form part of the feasibility
study to bring Curraghinalt into production.


The Curraghinalt Trend

Surface mapping, outcrop sampling, geochemical soil sampling,
geophysical and deep overburden surveys have partially delineated an
approximately 8 kilometre by 1 kilometre west-northwest trending
corridor (   "Curraghinalt Trend") of medium to high grade rock and
soil gold anomalies extending outwards from the Curraghinalt resource
to the northwest and southeast.  Based on the existence of mineralized
vein extensions along and new veins across strike, abundant rock
samples with high grade gold assays and numerous clusters of strong
shallow and deep overburden gold soil anomalies Tournigan believes the
potential exists to increase the present resource tonnage approximately
four-fold within the area defined by an additional 1 kilometre along
and across strike from the present resource block.  See NOTE above.


Structural Geological Work at Curraghinalt

A detailed structural analysis has been completed at Curraghinalt
utilizing historic drill, trench and underground mapping data as well
as data from detailed mapping in the underground workings at
Curraghinalt.  Concepts regarding vein and ore shoot geometry and
kinematics are being correlated with district wide geology, satellite
imagery, geophysics and soil geochemistry to guide not only local
Curraghinalt exploration work but also regional exploration that is
aimed at the discovery of additional vein systems.


Glenlark Prospect

Seven diamond drill holes totaling 730 metres were drilled by Tournigan
on geochemical and IP geophysical targets on the Glenlark gold-base
metal    "sedex" prospect located 6 kilometres from Curraghinalt.
Although results were disappointing they did verify previous drill
intercepts of Au-Ag-Cu-Zn-Pb stratabound and discordant sulfide
mineralization; the best intersection was 2.86 g/t gold and 8.33 g/t
silver over 2.9 metres.  


New Licences

Tournigan can acquire up to a 100% interest in prospecting licenses
owned by Strongbow Resources Inc. which cover an area of 346 square
kilometres on which the Curraghinalt property is located. In addition,
widespread gold occurrences have been documented nearby from regional
stream sediment surveys conducted by the Northern Ireland Geological
Survey.  Consequently Tournigan has applied for five additional
Northern Ireland prospecting licenses covering an area of 1,055 square
kilometres.


Other Matters

Tournigan has issued 400,000 stock options to directors, employees and
consultants pursuant to Tournigan's stock option plan previously
approved by shareholders and the TSX Venture Exchange.

Tournigan's Quality Assurance/Quality Control Program
Tournigan has implemented a Quality Assurance/Quality Control (QA/QC)
program as part of all geochemical sampling, sample shipping and sample
analysis procedures, for drilling, rock sampling, and soil and stream
sediment sampling programs.  QA/QC procedures include chain-of-custody
protocol and systematic submittal of blank samples and duplicate
samples.

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 please contact:
Damien Reynolds, President
Tel:      (604) 683-8320

Garry Stock, Executive VP
Tel:     (604) 683-8320

==================================================
Copyright (c) 2003 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 Wed Oct 1, 2003 at 12:00:55 AM Pacific Time
==================================================  

Die Ergebnisse auf den Punkt gebracht und nicht enttäuscht,ganz im Gegenteil.
Egal wie risikoreich diese Explorer sind,im Moment macht diese Firma eine gute Arbeit.
Das gibt Anlass zur Hoffnung für die Zukunft.
Allen investierten noch viel Spass und viele nuggets.
Ich lehne mich jetzt zurück und schau mir das Schauspiel an, das insbesondere heute in Kanada abgehen wird.
Bin mal gespannt.

Grüße vom joker  

http://www.frankfurterfinance.de/archiv/2003/tournigan.htm  

 

Was meint ihr wenn in Canada gehandelt wird wo das realistische Kursziel in Deutschland liegt???  

Welches Kursziel meinst Du?
Heute ,Morgen oder Ende des Jahres oder in 12 Monaten?

Gruß joker  

meinte heute,wegen dem Handel in Kananda,wie schätzt du die Aktie denn langfristig ein???  

wenn ich long gehe und genug Zeit mitbringe(12-18 Monate),dann sehe ich im Vergleich mit anderen Explorern einen Wert von ca.1,20can$.
Wobei man sagen muss,dass andere Explorer bei weitem nicht diese gesicherten Ressourcen haben wie Tournigan.
Also,wer Zeit hat...

Grüße vom joker  

wie ist eigentlich der Kurs vom Euro zum kanadischen Dollar?????  

Tja,der Umsatz ist stark nur der Kurs nicht!
Abwarten und beim Scheisswetter Tee trinken.  

 

absteigenden Ast. Zu früh gefreut?  

jetzt sage -  keine Panik ...

wird schon wieder :-)

da hat bloß irgendeiner dumm verkauft und den Kurs runtergezogen
 

keinen verunsichern, sieht aber echt nach einen downtrend aus. Will auch keine Werbung machen, aber bei Zaruma kommt bald eine Analyse. Ich weiß zwar auch nicht was da drin steht, aber schaut halt mal den Chart an:
       
     
http://www.ariva.de/board/175539/...86597&search_id=&search_full=&512

s.o.  

hab ich bei Tournigan was verpasst ?  ich dachte die Bohrergebnisse sind gut ...

außerdem hab ich Tournigan und Zaruma ...
 

"einer"? Schau Dir mal den Trend in Kanada an.  

hab keine Realtime ausländisch

oder weißt du eine Seite für mich ?  

Yahoo: http://finance.yahoo.com/?uTournigan: http://finance.yahoo.com/q?s=TVC.V&d=tTournigan-Chart: http://finance.yahoo.com/q/bc?s=TVC.V&t=3mNochmal der Chart, in dem man ja wohl sieht, dass es runtergeht (allerdings nicht Realtime, was ich auch nicht wichtig finde):  

jetzt heißt es abwarten und Stück für Stück nachkaufen und die Teile mal 12-18 Monate halten.
Dann können wir uns widersprechen.
Zuviele Zocker sind im Wert gewesen die 10-12€cent mitgenommen haben und somit bei 0,46can$/0,30€cent verkauft haben.
Da hatte der Kurs keine Chance weiter zu steigen,trotz sehr guter news.
Das ist ein junges Unternehmen,die erst frühestens in einem Jahr produzieren können,also heißt es warten.
Entweder man ist von der Geschichte überzeugt ,dann bleibt man diese Zeit auch investiert oder man zockt kurzfristig in Erwartung von einem positiven newsflow (wie jetzt geschehen).
So eine Entscheidung muss jeder selber treffen.
Ich glaube an die Story und werde die Dinger halten und immer wieder bei Gelegenheit nachkaufen.

Grüße vom joker  

 

joker hat recht - ich hatte die auch von Anfang an mit dem Gefühl - die musst du wohl etwas länger behalten ...

aber in der Frankfurter Analyse meinten sie das sogar dieses Jahr bis zu 0,60 und bis nächstes 1.- möglich wären
aber auch das der Boden so bei 0,16 liegt

 

bei 0,179.
Aber auch welche für 0,30 nachgekauft.
wenn das alles so läuft wie ich mir das vorstelle, lache ich in 12-18 Monaten über Kurse von 0,30€cent.
Aber nicht weil sie deutlich drunter liegen.
Der Londoner Fonds der in Goldexplorer investiert und jetzt auch bei Tournigan aktiv ist,hat ausschließlich Werte die mittlerweile (nach ca.12 Monaten )zwischen 0,75€cent und 1,20€ wert sind.
Das sind Experten auf dem Gebiet und die wissen auf jeden Fall mehr, als irgendein Schlauer Kleinfiffi der Angst um seine Kohle hat.
Die investieren in aussichtsreiche Unternehmen mit dem Ziel...,genau Gewinne zu erwirtschaften.
Die haben Tournigan durchleuchtet und sind der Meinung das dies mit denen funktionieren könnte.
Risiko ist doch bei jeder Aktie.
Was passiert denn mit gpc, wenn Satraplatin widererwartend floppen sollte???
Goldexplorer oder Biotechwerte sind immer ein Zock auf die Zukunft,entweder ich gehe das Risiko ein oder ich lasse es.
Dann trage ich mein Geld zur Bank und lege es auf meine sicher verzinste Sparcard und freue mich über vielleicht 2% Zinsen pro Jahr.
Also nix für ungut
Euer joker  

Tournigan
Die Kapitalerhöhung erfolgt in "Einheiten". Eine Einheit besteht aus einer Aktie und einer Option. Wir geben 10 Millionen Aktien und 5 Millionen Optionen aus. Mit zwei Optionen bekommen Sie eine weitere Aktie. Die Kapitalerhöhung erfolgt mit einem Kurs von 25 Cent und die Option kann 2004 bei 30 Cent ausgeübt werden. Wir haben zwei institutionelle Investoren in London sowie auch Anleger aus Kanada, der Schweiz und Irland.
"Es wird noch ungefähr 18 bis 24 Monate dauern, bis wir in Curraghinalt produzieren werden."
http://www.frankfurterfinance.de/
 

 

WKN  Börse Frankfurt

WKN Börse Kurs Trade Vol. Tages Vol. Zeit Datum Bid Bid Vol. Ask Ask Vol. T.hoch T.tief Vortag Diff. Änd. Realtime
898464  FRA  0,250  4.500  52.000  13:34  03.10.  0,230  0  0,250  0  0,250  0,210  0,210  0,04  +19,05% ja

Das sind umgerechnet 0,39can$!
Ask in Kanada von 7.30 Uhr Ortszeit ist auch schon von 0,34 auf 0,37can$ gestiegen.

Wir werden sehen,ob die Übertreibung des Absturzes von gestern heute einen rebound erfährt.

Grüße vom joker