The drill program, comprising about 4,500mt, is part of an ongoing exploration and pre-feasibility program at Kuriskova. The program also includes environmental baseline data collection and ongoing metallurgical test work.
During this summer field season, Tournigan will also be conducting initial follow-up on new exploration targets within the Kuriskova license and in other Slovakia licenses.
Drilling will initially focus on drill step-outs to test for extensions of Zone 45, the high grade zone discovered at the end of last year’s drill campaign. Zone 45 is adjacent to, but at shallower depth and stratigraphically above, the Kuriskova Main Zone and remains open along strike. Tournigan is targeting additional high-grade uranium mineralization in this zone.
Additional infill and delineation drilling in Kuriskova’s Main Zone will have the objective of bringing more of the currently Inferred high-grade uranium mineralization to the Indicated Resource category.
As per the the independent resource estimate prepared by Tetra Tech, the total NI 43-101 compliant resource at Kuriskova at present is 20.5 million pounds U308 Indicated contained in 1.6 million tonnes at 0.571% U308 and 17.5 million pounds U308 Inferred contained in 3.5 million tonnes at 0.228% U308 (cut-off of 0.05%U).
The resource estimate includes an Indicated Resource of a half-million pounds of U308 at an average grade of 0.677% U308 in Zone 45.
