Tournigan Gold Starts Kremnica South Exploration, Slovakia

Tournigan Gold Corporation is working on two fronts in the Slovak Republic. First, in order to rapidly progress to gold production, scoping study work has commenced on the Company's 100% owned, one-million ounce plus Kremnica gold project centered on the historic Kremnica Mine. Second, Tournigan's initial exploration program has started in the Kremnica South area, five kilometres south of the Kremnica Mine, which could host an entirely new, large gold deposit. A steeply dipping, north-south oriented, fault system acted as the primary conduit for epithermal veining and gold mineralization in andesite host rocks at the Kremnica-Sturec mine area. Five kilometres south the andesite is covered by younger volcanic rocks. Widespread argillic-propylitic alteration, silicification and brecciation along with showings of arsenic, antimony and mercury are observed in these volcanic rocks. This type of alteration is typical of the upper levels of large-scale hydrothermal systems. Therefore, there is a strong possibility that there could be Kremnica-type gold mineralization in the andesite rocks below. Reports by the Slovak Geological Survey of gold occurring in drill holes and drainage tunnels beneath the area give support to the idea that Tournigan could discover an entirely new gold deposit in the Kremnica South area.