Tournigan Energy Limited

Published : February 21st, 2008

Kuriskova Infill Drilling Returns More High Grade Uranium

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Keywords :   Canada | Diamond | Europe | Gold | Knox | Slovakia | Uranium | Volatility |
======================================================================
Re: News Release - Thursday, February 21, 2008
Kuriskova Infill Drilling Returns More High Grade Uranium
======================================================================

Vancouver, February 21, 2008 - Tournigan Gold Corporation (TVC:TSX-V;
TGP: Frankfurt) today reported results from its 10,129 metre, 30-hole,
2007 infill drilling program at the Kuriskova uranium deposit in
Eastern Slovakia. The company continues to intercept significant
thicknesses and uranium grades on the deposit.

Highlights include:KG-J-19A with 8.9 metres of 0.411 %eU308
KG-J-21A with 8.4 metres of 0.762 %eU308
KG-J-21D with 5.5 metres of 0.509 %eU308
KG-J-24B with 2.4 metres of 0.649 %eU308
KG-J-25A with 5.7 metres of 0.525 %eU308
KG-J-28B with 4.2 metres of 0.593 %eU308

More details of the 30 hole program are listed below.

"This drill campaign has raised our level of confidence and
understanding of the deposit," said Tournigan President, James
Walchuck. "The 2007 work was primarily infill drilling and the results
have confirmed the geological and mineralization continuity of the main
zone and hanging wall zone. These results are in line with previous
drilling and support our belief that Kuriskova is a word-class
deposit."

The drill results reported below are from 30 infill and exploratory
drill holes the company drilled during 2007. Five of the holes did not
encounter mineralization yet provided valuable geological and
structural information for the project; two of the holes were lost and
one is being continued in the next phase of the program.

Tournigan has 1,938 core samples at the SGS Group labs in Toronto
awaiting chemical analysis. Another 402 samples are ready for dispatch
from the project site.

Significant Gamma Log Intercepts for Main Zone:
+------------+---------------+---------------+-------------+---------------+
| *Hole * | *From * | *To * | *Length * | *%eU 3O 8 * |
+------------+---------------+---------------+-------------+---------------+
| KG-J-19A | 232.1 | 241.0 | 8.9 | 0.411 |
+------------+---------------+---------------+-------------+---------------+
| KG-J-19B | 216.4 | 217.9 | 1.5 | 0.149 |
+------------+---------------+---------------+-------------+---------------+
| KG-J-21A | 312.3 | 330.1 | 17.8 | 0.403 |
+------------+---------------+---------------+-------------+---------------+
|_Including _| 315.6 | 324.0 | 8.4 | 0.7621 |
+------------+---------------+---------------+-------------+---------------+
| KG-J-21B | 246.0 | 246.5 | 0.5 | 0.570 |
+------------+---------------+---------------+-------------+---------------+
| KG-J-21C | 289.9 | 291.0 | 1.1 | 0.103 |
+------------+---------------+---------------+-------------+---------------+
| KG-J-21D | 305.4 | 310.9 | 5.5 | 0.509 |
+------------+---------------+---------------+-------------+---------------+
| KG-J-24A | 292.6 | 293.7 | 1.1 | 0.124 |
+------------+---------------+---------------+-------------+---------------+
| KG-J-24B | 346.1 | 352.9 | 6.8 | 0.268 |
+------------+---------------+---------------+-------------+---------------+
|_Including_ | 346.1 | 348.5 | 2.4 | 0.649 |
+------------+---------------+---------------+-------------+---------------+
| KG-J-25A | 301.6 | 307.3 | 5.7 | 0.525 |
+------------+---------------+---------------+-------------+---------------+
| KG-J-25B | 268.9 | 269.8 | 0.9 | 0.120 |
+------------+---------------+---------------+-------------+---------------+
| KG-J-25C | 316.6 | 320.0 | 3.4 | 0.386 |
+------------+---------------+---------------+-------------+---------------+
| KG-J-26A | 264.1 | 266.2 | 2.1 | 0.111 |
+------------+---------------+---------------+-------------+---------------+
| KG-J-26B | 219.4 | 220.4 | 1.0 | 0.178 |
+------------+---------------+---------------+-------------+---------------+
| KG-J-26C | 193.6 | 194.3 | 0.7 | 0.304 |
+------------+---------------+---------------+-------------+---------------+
| KG-J-27A | 286.3 | 287.8 | 1.5 | 0.047 |
+------------+---------------+---------------+-------------+---------------+
| KG-J-27B | 352.4 | 353.4 | 1.0 | 0.070 |
+------------+---------------+---------------+-------------+---------------+
| KG-J-28A | 335.0 | 337.5 | 2.5 | 0.147 |
+------------+---------------+---------------+-------------+---------------+
| KG-J-28B | 263.7 | 271.7 | 8.0 | 0.420 |
+------------+---------------+---------------+-------------+---------------+
|_Including_ | 267.5 | 271.7 | 4.2 | 0.593 |
+------------+---------------+---------------+-------------+---------------+
| KG-J-28C | 248.7 | 254.2 | 5.5 | 0.251 |
+------------+---------------+---------------+-------------+---------------+
| KG-J-30B | 588.2 | 591.6 | 3.4 | 0.190 |
+------------+---------------+---------------+-------------+---------------+
| KG-J-31A | 383.2 | 385.2 | 2.0 | 0.135 |
+------------+---------------+---------------+-------------+---------------+
| KG-J-31B | 413.1 | 415.2 | 2.1 | 0.302 |
+------------+---------------+---------------+-------------+---------------+
| | Mineralized (Instrument failure. Awaiting geochemical |
| KG-J-20A | assays.) |
+------------+---------------+---------------+-------------+---------------+
| KG-J-20B | No significant intersection |
+------------+---------------+---------------+-------------+---------------+
| KG-J-22A | No significant intersection |
+------------+---------------+---------------+-------------+---------------+
| KG-J-23A | No significant intersection |
+------------+---------------+---------------+-------------+---------------+
| KG-J-29A | Abandoned |
+------------+---------------+---------------+-------------+---------------+
| KG-J-29B | Drilling continues next phase |
+------------+---------------+---------------+-------------+---------------+
| KG-J-30A | Abandoned |
+------------+---------------+---------------+-------------+---------------+
| KG-J-32A | Main zone pinched |
+------------+---------------+---------------+-------------+---------------+

A complete listing of all main zone intersections from the 2007 drill
program may be found in Appendix A, or by visiting Tournigan's website, http://www.tournigan.com/i/pdf/KuriskovaGammaAppendix_A.pdf . A longitudinal
projection showing the drill hole locations is also available from the
website, http://www.tournigan.com/i/pdf/TVC-KU-v0802-01-Sec-VV.pdf.

The uranium grades referred to above are reported as equivalent uranium
(eU3O8) as determined by downhole radiometric logging equipment. The
logging was performed by Koral, s.r.o. of Slovakia. Quality control and
quality assurance is being provided by Ravi Sharma, Tournigan's Manager
Resources and Reserves.

In December 2007, ACA Howe provided an NI 43-101 resource estimate of
the Kuriskova deposit that reported an inferred resource of 36.3
million pounds U308 at an average grade of 0.323% contained in 5.1
million tonnes at a cut-off grade of 0.035% U3O8. In the high grade
main zone the estimate identified 30.9 million pounds U308 at an
average grade of 0.421% contained in 3.3 million tonnes. The resource
estimate included results from 10 of 13 Diamond drill holes drilled by
Tournigan at the Kuriskova deposit in 2006, three Diamond holes drilled
by Tournigan in late 2005, and 13 relevant holes of the 52 historical
Diamond drill holes drilled by previous government operators. The hole
spacing for the inferred resource ranged between 40 to 150 metre
centres.

The chemical assays from the 2007 program will be used for a new NI
43-101 resource estimate expected mid-2008. Tournigan anticipates the
next estimate will upgrade a significant portion of the deposit to the
indicated resource classification. Tournigan also continues its 2008
infill drilling program at Kuriskova where the company has planned more
than 9,000 metres of core Diamond drilling.

Appointment of Vice President, Sustainable Development
Tournigan is pleased to announce the appointment of Joseph Ringwald,
P.Eng. as the company's Vice President, Sustainable Development. Mr.
Ringwald will be responsible for Tournigan's sustainability
initiatives, corporate social responsibility and community engagement
programs throughout the exploration, feasibility, construction and
production stages of the company's projects.

Joseph Ringwald P. Eng., Tournigan's VP Sustainable Development is a
Qualified Person as defined by National Instrument 43-101 and has
reviewed and approved the technical disclosure contained herein.

About Tournigan
Tournigan has built a portfolio of highly prospective uranium and gold
properties in both Europe and North America. Tournigan is a mineral
resource company with a focus on developing its best projects.
Tournigan has obtained licenses in countries that are economically and
politically stable, have good infrastructure, and a highly educated
population.

On behalf of the Board of Directors of

TOURNIGAN GOLD CORPORATION

"James Walchuck"

James Walchuck, President and CEO

Forward-looking statements: Certain of the statements made herein,
including any information as to the Corporation's future financial or
operating performance, may be forward-looking and subject to important
risk factors and uncertainties, many of which are beyond the
Corporation's ability to control or predict. Forward-looking statements
are necessarily based on a number of estimates and assumptions that are
inherently subject to significant business, economic and competitive
uncertainties and contingencies. Known and unknown factors could cause
actual results to differ materially from those projected in the
forward-looking statements. Such factors include, among others: gold
and uranium price volatility; impact of any hedging activities,
including margin limits and margin calls; discrepancies between actual
and estimated production, between actual and estimated reserves and
resources and between actual and estimated metallurgical recoveries;
changes in national and local government legislation, taxation,
controls, regulations and political or economic developments in Canada,
the United States, Slovakia or other countries in which the Corporation
does or may carry on business in the future; risks of sovereign
investment; the speculative nature of gold and uranium exploration and
development, including the risks of obtaining necessary licenses and
permits; dilution; competition; loss of key employees; additional
funding requirements; and defective title to mineral claims or
property. In addition, there are risks and hazards associated with the
business of gold and uranium exploration, development and mining,
including environmental hazards, industrial accidents, unusual or
unexpected formations, pressures, cave-ins, flooding and gold bullion
losses (and the risk of inadequate insurance or inability to obtain
insurance, to cover these risks), as well as the factors described or
referred to in reports filed by the Corporation with the Canadian
securities administrators. Accordingly, readers should not place undue
reliance on forward-looking statements. The Corporation undertakes no
obligation to update publicly or release any revisions to
forward-looking statements to reflect events or circumstances after the
date of this document or to reflect the occurrence of unanticipated
events.

The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this release.

For further information please contact:
Knox Henderson, Tournigan Investor Relations, at +(604) 637-3563, or
visit www.tournigan.com

======================================================================
Copyright (c) 2008 TOURNIGAN GOLD CORPORATION (TSXV-TVC) All rights
reserved. For more information visit our website at
http://www.tournigan.com/ or send mailto:info@tournigan.com
======================================================================
.
Data and Statistics for these countries : Canada | Slovakia | All
Gold and Silver Prices for these countries : Canada | Slovakia | All

Tournigan Energy Limited

EXPLORATION STAGE
CODE : TVC.V
ISIN : CA8915651035
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Tournigan Energy Ltd. is a gold and silver exploration company based in Canada.

Tournigan Energy Ltd. holds various exploration projects in Slovakia.

Its main exploration properties are NOVOVESKA HUTA and KURISKOVA in Slovakia and CURRAGHINALT in Ireland.

Tournigan Energy Ltd. is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 5.2 millions as of today (US$ 4.2 millions, € 3.9 millions).

Its stock quote reached its highest recent level on December 31, 2007 at CA$ 4.50, and its lowest recent point on February 17, 2023 at CA$ 0.02.

Tournigan Energy Ltd. has 208 018 000 shares outstanding.

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2008 Annual Report
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11/23/2009(Kuriskova)Discovers New Zone of High Grade Mineralization at Kuriskova
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9/30/2009(Curraghinalt)Sells Curraghinalt Gold Project
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