Tournigan Energy Limited

Published : September 30th, 2009

Sells Curraghinalt Gold Project

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Keywords :   Euro | European Union | Gold | Ireland | Knox | Slovakia | Uranium |
=======================================================================
Re:   News Release - Wednesday, September 30, 2009
      Tournigan Sells Curraghinalt Gold Project
=======================================================================

Vancouver, September 30, 2009---Tournigan Energy Ltd. (TVC: TSX-V; TGP:
Frankfurt) announced today the sale of its Curraghinalt gold project in
Northern Ireland to SA Resources, Ltd.  The Curraghinalt project was
previously the subject of an option agreement with C3 Resources (see
news release dated December 23, 2008) which subsequently assigned its
rights under the option agreement to SA Resources.  The terms of the
sale are:

1. SA Resources will pay Tournigan an initial payment of C$2.5
million on or before October 26, 2009.  On making this payment, SA will
own 100 percent of the shares of Dalradian Gold Ltd., the Northern Irish
company that holds the Curraghinalt gold licenses; and

2. SA Resources will provide a secured promissory note to
Tournigan for C$3 million which shall be due and payable on or before
December 31, 2009.

"We are pleased that SA Resources has purchased the Curraghinalt gold
project and will be in a position to advance what for us had become a
non-core asset," said Tournigan's president and CEO, Dorian L. (Dusty)
Nicol. "The acceleration of cash payments to Tournigan represents a
non-dilutive financing which will allow us to resume aggressive
exploration on our core asset, the high-grade Kuriskova uranium deposit
in Slovakia."


About Tournigan
 
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, as of January 1,
2009, has adopted the Euro currency. Tournigan is committed to safe and
sustainable exploration and mine development in Slovakia.  In addition
to Kuriskova, Tournigan has five 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.

For further information please contact: Knox Henderson, Tournigan
Energy Investor Relations, at (604) 683-8320, or visit
www.tournigan.com.

=======================================================================
Copyright (c) 2009 TOURNIGAN ENERGY LTD. (TSXV-TVC)  All rights
reserved.  For more information visit our website at
http://www.tournigan.com/ or send mailto:info@tournigan.com
=======================================================================
.
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Data and Statistics for these countries : Ireland | Slovakia | All
Gold and Silver Prices for these countries : Ireland | 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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Annual reports of Tournigan Energy Limited
2008 Annual Report
2007 Annual Report
Financings of Tournigan Energy Limited
1/5/2012Closes Private Placement With Areva, And Welcomes Andreas M...
7/14/2010Closes Private Placement
6/29/2010Plans Private Placement
Nominations of Tournigan Energy Limited
1/30/2009Cuts Costs, Opens Denver Office, Appoints CFO, Corporate Sec...
11/3/2008Appoints VP Engineering / Environmental and VP Exploration
8/8/2007Appoints New Chairman
Project news of Tournigan Energy Limited
3/1/2012To Open March 1, 2012 As European Uranium Resources Ltd.
2/22/2012Takes Final Steps To Become European Uranium Resources Ltd.
11/30/2011(Novoveska Huta)Files Technical Report For Novoveska Huta Resource
4/26/2011(Kuriskova)Increases Indicated Resource at Kuriskova by 39% to 28.5 Mil...
3/7/2011(Kuriskova)Continues to Improve Grade in Kuriskova's Main Zone South
8/3/2010(Kuriskova)Metallurgical Testing For Prefeasibility Study Indicates Ura...
3/24/2010(Kuriskova)Increases Indicated Resource, Adds High Grade, at Kuriskova ...
11/23/2009(Kuriskova)Discovers New Zone of High Grade Mineralization at Kuriskova
11/9/2009(Kuriskova)Drills More High Grade Uranium at Kuriskova
11/3/2009(Kuriskova)Initial Metallurgical Testing at Tournigan's Kuriskova Proje...
10/19/2009(Kuriskova)Awards Prefeasibility Study of Kuriskova Uranium Deposit
10/1/2009(Kuriskova)Resumes Drilling at Kuriskova Uranium Deposit
9/30/2009(Curraghinalt)Sells Curraghinalt Gold Project
7/27/2009Files Technical Report
6/26/2009(Kuriskova)Positive Preliminary Assessment for Tournigan's Kuriskova Ur...
6/8/2009(Kremnica Mine)Signs Option Agreement on Kremnica Gold Property
2/24/2009(Kuriskova)Doubles Contained Uranium and Increases Grade of Indicated R...
1/19/2009(Kuriskova)Provides Update on Kuriskova Uranium Deposit in Slovakia
9/10/2008(Kuriskova)Adds Uranium Mineralization at Kuriskova and Novoveska Huta
8/29/2008(Kuriskova)Files Kuriskova Technical Report
7/16/2008(Kuriskova)Upgrades Portion of Kuriskova Resource to Indicated Category...
4/23/2008(Kuriskova) Continues Reporting High Grade Uranium Assays at Kuriskova,...
4/8/2008(Kuriskova)Reports High Grade Chemical Assay Results at Kuriskova
2/28/2008(Curraghinalt)Confirms High-Grade Gold Veins at Curraghinalt with Addition...
2/21/2008(Kuriskova)Kuriskova Infill Drilling Returns More High Grade Uranium
12/5/2007(Curraghinalt) Announces Significant Increase in Curraghinalt Gold Resourc...
Corporate news of Tournigan Energy Limited
3/13/2012(Kuriskova)European Uranium Files Technical Report For Kuriskova Prelim...
3/1/20122012 Outlook
2/2/2012in Northern Miner
1/30/2012(Kuriskova)Prefeasibility Study Indicates Kuriskova Could be Among Worl...
12/28/2011News Release
12/7/2011Forges Alliance With Areva, Acquires Scandinavian Uranium As...
8/23/2011(Kuriskova)Geotechnical Drilling Hits Uranium Mineralization at Much Hi...
8/9/2011(Kuriskova)s Progress on Prefeasibility Study for Kuriskova
4/8/2011Elects New Board Member
7/20/2010Mobilizes Zone 45 Drill Program
4/30/2010files Voluntary U.S. Deregistration
4/15/2010completes sale of Kremnica to Ortac
1/14/2010Cuts 4.5 Metres of 0.977 Percent eU3O8 at Kuriskova
1/5/2010Sale of Irish Property Brings Year-End Cash Up to $5.6 Milli...
12/10/2009Members of Parliament Did Not Agree with Uranium Mining Ban
11/2/2009Closes $5.5 Million Dalradian Sale
3/2/2009Completes Sale of U.S. Uranium Properties
12/23/2008Finalizes Dalradian Gold Agreement in Northern Ireland
10/2/2008Arranges Sale of Non-Core Assets in Northern Ireland and the...
9/4/2008A Letter to Shareholders from Dorian L. (Dusty) Nicol, Presi...
7/9/2008Information Now Available Through S&P Market Access Program
5/15/2008Provides Clarification
5/5/2008Name Change to Tournigan Energy Ltd. Focus on Kuriskova Uran...
3/19/2008's Uranium Targets Continue to Expand
3/4/2008 Completes Acquisition of US Uranium Interests
2/8/2008Extends Uranium Roll-front in Wyoming
1/31/2008Adopts Shareholder Rights Plan
1/15/2008Hits Uranium in Wyoming
10/24/2007 Announces Exploration Property Resource Changes, Restatemen...
10/12/2007Tournigan U.S. Uranium Acquisition Agreement and Reorganizat...
7/19/2007 Project Updates
5/29/2007Receives Positive Pre-feasibility on Kremnica Gold
5/28/2007Seeks to Unlock Shareholder Value by Separating
5/7/2007Tournigan's Resource at Kuriskova (Jahodna) Almost Triples t...
4/19/20072007 Operational Update - Uranium Properties
3/29/2007Adds Claims in Wyoming
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