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Tournigan Increases Indicated Resource At Kuriskova By 39% To 28.5 Million Pounds Of U3O8

Previous Resource (February 2010):

 
Kuriskova Resource Estimate March 2010 -- Cut-off 0.05%U
    U%   Tonnes (000)   %U 3 O 8   U 3 O 8 lbs (000)   Mo%   Tonnes (000)   Mo lbs (000) *

Total Indicated (Main Zoneand new Zone 45 )

  0.484   1,631   0.571   20,539   0.08   1,564   2,760

Total Inferred(Main Zone, new Zone 45and HW Zones)

  0.194   3,481   0.228   17,528   0.032   3,417   2,442

A complete table of the new resource estimate can be found in Appendix A to this news release or by visiting Tournigan's web site from this web link: http://www.tournigan.com/i/pdf/20110426-Appendix-A.pdf.

A graphic showing the changes in outlines of the resource zones can be found in Appendix B or can be viewed from this web link: http://www.tournigan.com/i/pdf/20110426-Appendix-B.pdf.

The updated estimate incorporates the results of 18 diamond drill holes totaling 4,548 metres that were drilled since the last resource estimate previously disclosed in a news release dated March 24, 2010. The updated estimate also reflects enhanced understanding of Kuriskova geology which has allowed more detailed structural modeling than was done in the past. The estimate was prepared by Ravi Sharma, Tournigan's manager of resources and reserves, and reviewed, audited and approved by Tetra Tech, Inc., who is preparing an independent NI 43-101 compliant Technical Report which will be filed on SEDAR within 45 days of the date of this news release. Mr. John W. Rozelle, P.G., is Tetra Tech, Inc.'s Qualified Person (QP) for this updated report and is an independent Qualified Person as defined by NI 43-101.

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