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Tournigan Completes Acquisition of US Uranium Interests
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Vancouver, March 3, 2008 -- Tournigan Gold Corporation (TVC:TSX-V;
TGP:Frankfurt) announced today that it has completed the acquisition of
100% interest in its US uranium properties from Sweetwater River
Resources LLC ("Sweetwater"). Prior to the acquisition, the
Corporation's interests in the properties were held through its option
agreement with Sweetwater.

In accordance with the terms of the Option Transfer and Amendment
Agreement (the "OTA Agreement") the Corporation has made cash payments
totalling $642,000, of which $100,000 has been placed in escrow pending
rectification by Sweetwater of certain minor deficiencies in land
tenure reports which is expected to occur within four months. The
Corporation has also issued 340,000 common shares to Sweetwater.
Pursuant to regulatory requirements, the common shares issued upon
closing are subject to a four-month hold period.

"With this acquisition completed we now have 100 per cent interest in
all of our uranium properties in both the US and Slovakia," said James
Walchuck, Tournigan's President and CEO. "We continue to develop these
properties with additional exploration and drill programs planned on
both continents this year."

About Tournigan

Tournigan is a mineral resource company that has built a portfolio of
highly prospective uranium and gold properties in both Europe and North
America. The company 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, Ireland, 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

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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
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