Tournigan Gold -- Bombennews!
http://biz.yahoo.com/cnw/050531/tournigan_kremnica.html?.v=1
Tournigan to Begin In-fill Drilling at Kremnica
Tuesday May 31, 7:54 am ET
Canada TSX.V - TVC Frankfurt, Berlin - TGP
VANCOUVER, May 31 /CNW/ - Tournigan Gold Corporation is pleased to announce the mobilization of a reverse-circulation drill rig to the Kremnica Gold Project in the Slovak Republic. Drilling is expected to commence during the first week of June, 2005, with 26 holes totaling 4,275 metres currently proposed. This will be the first drill program within the Sturec deposit by Tournigan - previous drilling by the Company has focused on extension zones such as Vratislav and Wolf or exploration zones like Kremnica South.The Sturec Deposit is the most advanced of the resource zones at Kremnica, based on exploration by previous operators. Located within the Carpathian Volcanic Arc, Kremnica is a low- to medium-sulphidation epithermal gold system with a 700-year history of past production. Tournigan's program of in-fill drilling is the first step in Stage 3 of the Company's four-part plan for the Sturec deposit announced on May 18, 2005. Tournigan has now begun three of the four stages necessary to advance Sturec to production, within an expected timeframe of 18 to 30 months.
The RC drilling is expected to improve sample recoveries in complex rock conditions and may result in higher gold grades for zones that are well- mineralised but suffered from poor core recoveries in previous drilling campaigns. The in-fill program is based upon recommendations by Beacon Hill Consultants, author of the current Preliminary Assessment on the Sturec deposit, dated February 2004. Tournigan reminds investors that, by definition, the Sturec Preliminary Assessment is preliminary in nature, includes Inferred Resources too speculative geologically to have economic considerations applied and thus there is no certainty that the results of the Preliminary Assessment will be realized.
The program is designed to upgrade Sturec's resource categories to Measured and Indicated, which is required for Pre-Feasibility and Feasibility Studies. On completion, drill spacing at Sturec will average 50 metres by 50 metres, compared to the current average of 100 metre spacing. The results of historical underground sampling completed on the Sturec Deposit (which represents 28.7 percent of the current resource database), further increases the sample density of the resource database.
TOURNIGAN GOLD CORPORATION "Damien Reynolds" ---------------------------- Damien Reynolds, CEO
Hier Handel von gestern in Kanada
http://www.stockhouse.ca/...66cc66&addchart=0&Submit.x=32&Submit.y=11
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ausschlaggebend wird heute der Handel in Canada sein.
Deswegen sind die 0,24 Eurocent etwas euphorisch.
Ist aus Sicht von TVC auch notwendig, da bei einem Übergang vom Explorer zum Produzenten viel Geld nötig sein wird. Im Herbst sollen Optionen mit einem Limit von 1 CAD ausübbar werden - bis dahin ist es noch ein weiter Weg.
Solange bei TVC vernünftige Arbeit gemacht wird und die Explorationsstätten Schritt für Schritt bis zur Produktion vorangetrieben werden sehe ich kein Problem in diesen Kursspielereien. Man sollte natürlich genau beobachten welche Insidergeschäfte getätigt werden.
letzter in kanada entspricht... 0,232€
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Last Trade: 03 Jun 2005 15:58 EDT
Last Traded 0.355 Net Change +0.035
Last Bid Size 19 Volume 316,000
Last Bid Price 0.320 Open 0.300
Last Ask Price 0.355 High 0.355
Last Ask Size 39 Low 0.300
Time Price Shares $ Chng Buyer Seller
15:58 0.355 500 +0.035 Ntl. Bank Fin. Dundee
15:57 0.320 500 +0.000 First Assoc. Pacific
15:43 0.350 5,000 +0.030 Research Cap. Haywood
15:42 0.350 25,000 +0.030 Research Cap. Canaccord
15:42 0.350 10,000 +0.030 Research Cap. Canaccord
15:42 0.350 10,000 +0.030 Research Cap. First Assoc.
15:41 0.330 20,000 +0.010 BMO Nesbitt Haywood
15:22 0.330 30,000 +0.010 BMO Nesbitt Canaccord
15:20 0.330 40,000 +0.010 BMO Nesbitt Canaccord
15:19 0.330 10,000 +0.010 BMO Nesbitt Canaccord
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:-)
BB