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[ProfessorHastig]

Tournigan`s Roadmap for the Jahodna Uranium Project
Thursday July 14, 6:00 am ET


Symbol: Canada TSX.V - TVC Frankfurt, Berlin - TGP
VANCOUVER, July 14 /CNW/ - Tournigan Gold Corporation is pleased to announce an initial plan to advance its Jahodna Uranium Project in Slovakia.
To enhance the value of its Slovakian uranium assets, Tournigan is embarking on a program of data verification and resource re-estimation beginning at Jahodna, which is the most advanced of Tournigan`s uranium projects. This program sets out current and future milestones to be achieved to move Jahodna to a production decision.


Jahodna Roadmap

Stage 1. Data Compilation


Data compilation is well underway for the Jahodna high grade deposit, with drillcore and radiometric logs being digitized. Tournigan will also conduct confirmatory drilling at Jahodna shortly as part of a re-sampling verification program.
Stage 2. Updated Resource Estimates

Data analysis and metallurgical verification work will begin immediately after Stage 1 at Jahodna. An updated resource estimate to National Instrument 43-101 standards will be produced, which will allow the Company to report on the potential economics of the Jahodna project. Tournigan notes industry analysts grant higher valuations for uranium deposits with resource estimates that are compliant with NI 43-101. Target completion for the Jahodna updated resource estimate is October, 2005.

Stage 3. Exploration Assessments

Once data compilation is complete, Tournigan will be able to prioritize exploration targets around Jahodna. As the Jahodna deposit was only discovered in 1985, a great amount of regional geological data exists that will be given further analysis.

Stage 4. Preliminary Assessments/Scoping Studies

Upon the completion of an updated resource estimate, Tournigan will have an independent economic assessment completed on Jahodna, which will provide information such as Internal Rates of Return (IRR), Net Present Value (NPV) and capital/operating costs. These initial studies will provide production scenarios and potential profitability estimates to Tournigan.

Other Uranium Projects

The databases for the Svabovce and Spissky Stiavnik deposits in Slovakia will be assembled after Jahodna, with their production history adding to the complexity of data compilation. Finally, the large database at Novoveska Huta, with its former production history and substantial physical inventory of drill core and samples, will take the longest time to compile, with a target completion of December, 2005.

In Wyoming, Tournigan is continuing its evaluation of acquired uranium claims in the short term, as the Company further investigates various databases for historical exploration information. Tournigan management expects that the next three months of its exploration program in Wyoming will be almost exclusively dedicated to data collection and claim staking.

Uranium Background

Tournigan holds licences covering four uranium deposits in eastern Slovakia which host historical resource estimates as announced June 7, 2005. Two of these deposits have undergone past uranium production, with two mined out deposits also located on Tournigan licence areas. It has also entered into an agreement to acquire six uranium properties in Wyoming, which host drill-defined mineralization, some of which may be considered as " historical resource estimates" , as announced June 16, 2005. The Slovak and Wyoming projects feature established uranium assets in easily-accessed areas supportive of uranium mining, and where Tournigan has local knowledge, giving it a competitive advantage.


-------------------------------------------------------------------------
Tournigan`s Historical Uranium Resources in Slovakia
-------------------------------------------------------------------------
Tonnes Uranium(x) Molybdenum Uranium Molybdenum
U3O8 % % lbs U3O8 lbs Metal
-------------------------------------------------------------------------
Jahodna (High
Grade) 1,150,000 0.537% 0.380% 14,010,000 9,630,000
Jahodna (Low
Grade) 1,080,000 0.219% 0.380% 5,360,000 9,050,000
-------------------------
19,370,000 18,680,000
-------------------------------------------------------------------------
Svabovce 1,489,000 0.222% 7,520,000 -
Spissky Stiavnik 294,000 0.199% 1,330,000 -
-------------------------
8,850,000 -
-------------------------------------------------------------------------
Novoveska Huta 12,000,000 0.075% 20,400,000 -
-------------------------
-------------------------------------------------------------------------
TOTAL 48,620,000 18,680,000
-------------------------------------------------------------------------
Not National Instrument 43-101 compliant resources - investors are
cautioned not to rely upon these estimates
(x) Tournigan has converted uranium metal grades to uranium oxide grades
(U3O8) using a factor of 1.17

Tournigan has reviewed the above estimates and views them relevant. The
historic exploitation of Slovak uranium deposits in general and metallurgical
test records acquired with Tournigan`s deposits in particular suggests the
reliability of the historical resource estimates. However, the Company has not
done the work necessary to verify the classification of the resources and the
resources are not categorized by the Canadian Institute of Mining,
Metallurgical and Petroleum in their Standards on Mineral Resources and
Reserves Definitions. The Slovak categories of Z-2 and Z-3 are roughly
analogous to the CIM definitions Indicated and Inferred Resources,
respectively.

Tournigan Gold is focused on developing advanced gold projects in
Europe - Curraghinalt in Northern Ireland and Kremnica in Slovakia. The
acquisition of significant uranium projects in Slovakia and Wyoming, as well
as the Brehov VMS project, adds a dynamic component to Tournigan`s asset mix.

TOURNIGAN GOLD CORPORATION

" Damien Reynolds" " James Walchuck"
--------------------------- ---------------------------------------
Damien Reynolds, CEO James Walchuck, President and COO

The Qualified Person for these projects, Dr. Kent Ausburn, has reviewed
all technical disclosure in this release.

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

[MANDARINXY]

[posting]17.245.541 von ProfessorHastig am 15.07.05 11:31:04[/posting]
Ähh ... ist das hier nicht von gestern ...??
Ein bisschen spät dran .. der gute Herr..

[Teedoubleyou]

Naja irgendwie muß das Teil ja gepusht werden.

[Exploser]

gähn.......

:O:O:O:O