Tournigan Energy Ltd. (TVC: TSX-V; TGP: Frankfurt) has today filed a National Instrument 43-101 compliant technical report regarding the new resource estimate for its Novoveska Huta uranium project in Slovakia. The report titled “Technical Report Mineral Resource Novoveska Huta Uranium Project east-Central Slovakia” is dated effective October 17, 2011.
A summary of the technical report was announced on October 17, 2011. The resource estimate was prepared by Ravi Sharma, Tournigan's Manager of Resources and Reserves, and has been reviewed, audited and approved by Tetra Tech, Inc. The technical report was completed by Dr. Rex Bryan, Ph.D. and Senior Geostatistician and Richard Jolk, PE Ph.D. and Principal Mine Engineer and Metallurgist of Tetra Tech MM, Inc.’s and are both Qualified Persons for this report and are both independent Qualified Persons as defined by NI 43-101. This estimate is prepared in accordance to NI 43-101 and classified as Measured, Indicated and Inferred according to the “CIM Standards on Mineral Resources and Reserves”.
Tournigan is a uranium exploration and development company that has built a portfolio of highly prospective assets in Slovakia, a member of the European Union since 2004. Slovakia is economically and politically stable, has excellent infrastructure and currently has four nuclear reactors generating half of its electricity, with two more under construction. Tournigan is committed to safe and sustainable exploration and mine development in Slovakia. In addition to Novoveska Huta, Tournigan has several other exploration targets along the Slovakian uranium belt which are showing positive exploration results.TOURNIGAN ENERGY LTD. "Dusty Nicol" Dorian L. (Dusty) Nicol, President and CEO Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.