Tournigan Gold Corporation
Tournigan Gold Corp. part 1
Curraghinalt Drilling Results Prove Vein Extensions — Drilling to Continue
Corporate-news announcement processed and sent by DGAP.
The sender is solely responsible for the contents of this announcement.
——————————————————————————–
Curraghinalt Drilling Results Prove Vein Extensions — Drilling to Continue
Tournigan Gold Corporation (“Tournigan”) announces positive results
from an ongoing diamond drilling program on the Curraghinalt gold
project in Northern Ireland. Drilling will continue as Tournigan
advances the project towards a feasibility study and production. A
summary of other exploration activities on the Curraghinalt-Tyrone gold
projects are also announced.>
Curraghinalt Drilling
The previous operator of the property drilled several widely-spaced
drill holes to the southeast of the Curraghinalt resource the results
of which showed a number of vein intersections showing strong gold
mineralization which suggested that the Curraghinalt veins could be
traced some considerable distance to the southeast. The purpose of
Tournigan’s drilling was to test these possible southeast extensions of
the three main veins that make up the Curraghinalt resource. Gold
mineralization occurs in discrete close-spaced veins and ore shoots
localized in a block approximately 1,000 metres long, 250 metres
across, and 150 metres in depth with mineralization open in all
directions. The Curraghinalt veins are relatively narrow and
high-grade with complex geometry that pinch-and-swell and split along
strike and down dip. Individual veins appear to be quite persistent
along strike and down dip but widths vary over short distances. Veins
commonly swell into 1 to 3 metre wide ore-shoots over lengths of 30 to
50 metres along strike and down dip forming tabular shaped ore bodies,
which then pinch down to widths of 10 to 20 centimetres or less.
Recent Tournigan drill results have successfully demonstrated that the
veins can be traced to the southeast and that the potential to
significantly increase the size of the Curraghinalt deposit is
therefore considered good. As a result Tournigan has decided to
continue drilling to better define and enlarge the Curraghinalt
resource.
Preliminary results have been received from three drill holes and a
fourth hole is still in progress. Results show that mineralized
extensions of the three main veins known as the T-17, No. 1 and 106-16
veins were intersected in all three drill holes. In addition a new
vein or veins were intersected. The four new diamond drill holes extend
approximately 325 metres southeast of the east end of the existing
resource block and the holes are collared at an average spacing of
approximately 100 metres along strike. Drill spacings of a minimum of
30 metres will eventually be required to fully define ore shoots within
the veins. These initial exploration drill holes were designed to
confirm the southeast continuity of the known mineralized veins.
Results are summarized as follows:
——————————————————————–
Drill Hole From – to Length Grams per
(metres) (metres) tonne gold Vein
——————————————————————–
CT-1 120.87 – 121.05 0.18 28.24 T-17
——————————————————————–
*161.7 – 163.25 1.55 7.0 No. 1
——————————————————————–
*Includes 162.19 – 162.73 0.54 17.69
——————————————————————–
*178.28 – 179.72 1.44 14.81 106-16
——————————————————————–
*Includes 178.28 – 179.22 0.94 22.94
——————————————————————–
*186.78 – 188.18 1.4 5.0 New Vein
——————————————————————–
*Includes 186.78 – 186.88 0.10 14.8
——————————————————————–
187.29 – 187.44 0.15 10.84
——————————————————————–
187.68 – 187.84 0.16 10.03
——————————————————————–
188.05 – 188.18 0.13 12.74
——————————————————————–
CT-2 53.01 – 53.20 0.19 79.31 T-17
——————————————————————–
66.68 – 67.24 0.56 11.03 No.1
——————————————————————–
95.28 – 95.57 0.29 7.66 106-16
——————————————————————–
120.37 – 120.47 0.10 15.44 New Vein
——————————————————————–
CT-3 48.35 – 48.80 0.45 12.54 T-17
——————————————————————–
64.70 – 65.00 0.30 25.73 No. 1
——————————————————————–
*112.32 – 115.15 2.83 12.4 106-16
——————————————————————–
*Includes 112.32 – 113.72 1.40 19.07
——————————————————————–
” 112.32 – 112.72 0.40 20.74
——————————————————————–
” 112.72 – 113.22 0.50 16.56
——————————————————————–
” 113.22 – 113.72 0.50 20.10
——————————————————————–
” 114.70 – 115.15 0.45 17.69
——————————————————————–
121.36 – 122.56 1.25 9.38 New Vein
——————————————————————–
The above results demonstrate that the three main veins at Curraghinalt
can be traced at least an additional 325 metres to the southeast and
substantiate the existence of at least three high-grade ore shoots.
End of Part 1 of 3
end of message, (c)DGAP 01.10.2003
——————————————————————————–
WKN: 898464; ISIN: CA8915651035; Index:
Listed: Freiverkehr in Berlin-Bremen und Frankfurt
011044 Okt 03
Aktuelle News
Aktuelle Berichte
Keine Berichte gefunden
Anstehende Events
Keine Events gefunden
Webcasts
Keine Webcasts gefunden