Tournigan Energy Ltd. (TSXV:TVC,FWB:TGP,OTC Pink:TVCFF) announced a resource estimate for its Novoveska Huta uranium project in Slovakia.
As quoted in the press release:
This is the first NI 43-101 compliant resource estimate that has been prepared for this deposit; the estimate has been reviewed, audited and approved by Tetra Tech, Inc. The results of the resource estimate at a cutoff grade of 0.06% U are:
- 3.75 million pounds of U3O8 in Measured and Indicated Resources of 1.662 million tonnes grading 0.102% U3O8; and an additional
- 12.738 million pounds of U3O8 in Inferred Resources of 4.689 million tonnes grading 0.123% U3O8
Tournigan President and CEO, Dorian L. (Dusty) Nicol said:
“We are excited to add these pounds of uranium to our 43-101 compliant resource inventory so close to Tournigan’s flagship Kuriskova project.” “We look forward to growing and advancing both properties.”