Tournigan adds Dakota uranium claims

The robust outlook for uranium has prompted Tournigan Gold (TVC-V) to add to its uranium holdings in the U.S. The company’s year-end acquisition added claims covering three prospective uranium areas in the Southern Black Hills of South Dakota, just across the border from its existing claims in Wyoming.

The 272 newly acquired claims cover 21.8 sq. km that were once held by Union Carbide and the Tennessee Valley Authority, and are part of a larger block known as the Chord claims. The land package encompasses more than 40 small open pits and several underground operations that produced uranium intermittently during the early 1950s through to the late 1960s.

Tournigan’s three South Dakota claim-blocks — known as the Long, RC and DH claims — are generally within the Long Mountain structural zone. The properties have been extensively explored, with some including historical resource estimates.

In addition to its uranium holdings in South Dakota and Wyoming, Tournigan holds the Jahodna uranium project in Slovakia. The company recently drilled three confirmation holes before severe winter weather forced an end to the exploration program. Results are expected in mid-January, at the same time as the company plans to release a National Instrument 43-101-compliant technical report and resource estimate for the project.

Meanwhile, Tournigan is advancing the Kremnica gold project in Slovakia. A prefeasibility study focused on the open-pit Sturec deposit was recently completed at the project. Results will be included in an upgraded technical report and resource estimate scheduled for release in late January.