checkAd

    Tournigan News ganz frisch auf den Tisch - 500 Beiträge pro Seite

    eröffnet am 16.12.04 21:12:56 von
    neuester Beitrag 16.12.04 22:50:00 von
    Beiträge: 2
    ID: 936.666
    Aufrufe heute: 0
    Gesamt: 441
    Aktive User: 0


     Durchsuchen

    Begriffe und/oder Benutzer

     

    Top-Postings

     Ja Nein
      Avatar
      schrieb am 16.12.04 21:12:56
      Beitrag Nr. 1 ()
      Tournigan Acquires 100% of Northern Ireland Properties from Strongbow
      12/16/04


      VANCOUVER, BRITISH COLUMBIA, Dec 16, 2004 (CCNMatthews via COMTEX) --
      Strongbow Exploration Inc. (TSX VENTURE:SBW) and Tournigan Gold Corporation (TSX VENTURE:TVC)

      Further to Strongbow Exploration Inc.`s ("Strongbow") news release of February 16, 2004, Strongbow has sold and Tournigan Gold Co
      rporation ("Tournigan") has purchased all of the outstanding shares of Ulster Minerals Limited ("Ulster"). Ulster holds two mineral exploration licenses in County Tyrone, Northern Ireland including the Curraghinalt gold deposit. The purchase price for the Ulster shares was 10,000,000 common shares of Tournigan, issued at a deemed price of $0.36 per share in two tranches; 5,000,000 on closing and a further 5,000,000 following approval of commencement of construction of a commercial-scale mine facility by Ulster. The 5,000,000 shares delivered at closing are subject to agreed trading restrictions such that 2,000,000 shares can be freely traded and a further 1,000,000 shares become free trading on each of April 30, 2005, October 31, 2005 and April 30, 2006. In addition, Strongbow will receive certain cash consideration in the event that Tournigan applies the cumulative exploration expenditures on the Ulster books at the closing date against future income from the property. The 5,000,000 shares of Tournigan presently held by Strongbow represent approximately 8.7% of the outstanding shares of Tournigan and Strongbow is entitled to put forward one nominee for election to the Tournigan board of directors.

      The sale incorporates significant prior work, including 700 metres of underground development and the results from 255 historical drill holes totaling 17,783 metres. Partial surface rights in the Curraghinalt area (owned/leased) were also included. Tournigan continues exploration work on the Curraghinalt deposit, while simultaneously identifying and exploring additional targets on the licences held by Ulster. A new, National Instrument 43-101 resource estimate for Curraghinalt is nearing completion, positioning Tournigan to decide on the optimal future exploration and development program. An airborne geophysics survey will be flown in 2005 over the Ulster licences, targeting possible additional gold trends and a 33 kilometre long by 3 to 4 kilometre wide trend considered geologically favourable for VHMS and associated precious metal mineralization.

      Strongbow Exploration Inc.

      D Grenville Thomas, President

      Tournigan Gold Corporation

      Damien Reynolds, President

      Strongbow Exploration Inc.Gren ThomasPresident(604) 668-8355Email: info@strongbowexploration.comorTournigan Gold CorporationDamien ReynoldsPresident(604) 683-8320Email: info@tournigan.com
      NEWS RELEASE TRANSMITTED BY CCNMatthews The TSX Venture Exchange has not reviewed, and does not accept responsibility for the adequacy of this release.
      Copyright (C) 2004, CCNMatthews. All rights reserved.


      :eek::eek:
      Avatar
      schrieb am 16.12.04 22:50:00
      Beitrag Nr. 2 ()
      test


      Beitrag zu dieser Diskussion schreiben


      Zu dieser Diskussion können keine Beiträge mehr verfasst werden, da der letzte Beitrag vor mehr als zwei Jahren verfasst wurde und die Diskussion daraufhin archiviert wurde.
      Bitte wenden Sie sich an feedback@wallstreet-online.de und erfragen Sie die Reaktivierung der Diskussion oder starten Sie
      hier
      eine neue Diskussion.
      Tournigan News ganz frisch auf den Tisch