Significant Geological Gamma Log Intercepts

 

Drill Hole

From (metres)

To (metres)

Thickness (metres)

Average Grade

(% e U3O8)

GxT (2)

(%metres)

GxT (3)

(%feet)

UT-001

73.8

74.7

0.91

0.047%

0.043

0.140

"

86.4

87.5

1.07

0.054%

0.058

0.190

Incl'd

87.2

87.5

0.30

0.113%

0.034

0.111

UT-002

51.7

52.3

0.61

0.032%

0.020

0.064

UT-008

59.5

62.6

3.05

0.076%

0.232

0.760

Incl'd

60.0

62.5

2.43

0.084%

0.204

0.670

UT-009

62.5

63.1

0.61

0.038%

0.023

0.076

UT-018

66.8

68.6

1.83

0.040%

0.073

0.240

Incl'd

67.2

68.4

1.22

0.056%

0.068

0.224

UT-019

65.7

68.6

2.90

0.028%

0.081

0.266

Incl'd

66.1

67.7

1.52

0.043%

0.065

0.214

Incl'd

66.3

67.2

0.90

0.059%

0.053

0.174

UT-020

63.2

66.6

3.35

0.050%

0.168

0.549

Incl'd

66.0

66.6

0.61

0.125%

0.076

0.250

Incl'd

63.9

66.6

2.74

0.058%

0.159

0.521

UT-024

74.2

75

0.76

0.025%

0.019

0.062

UT-027

51.1

51.7

0.61

0.024%

0.015

0.048

UT-031

64.2

65.1

0.91

0.029%

0.026

0.087

UT-034

84.9

86.6

1.68

0.030%

0.050

0.165

"

88.5

89.3

0.76

0.020%

0.015

0.050

UT-039

82.4

83.2

0.76

0.023%

0.017

0.057

UT-042

74.2

75.3

1.07

0.030%

0.032

0.105

UT-044

54.1

57.2

3.05

0.067%

0.204

0.670

UT-049

49.7

50.6

1.07

0.027%

0.029

0.095

Notes:
2Grade x Thickness factor - (% eU3O8 x thickness in metres).
3Grade x Thickness factor - (% eU3O8 x thickness in feet).

The uranium grade referred to above is reported as equivalent uranium (eU3O8) as determined by downhole radiometric logging equipment. This method of determining the equivalent uranium grade is very common in these types of deposits. Tournigan drilled an additional five conventional core drill holes to twin five of the holes containing the most significant results.  These twin holes were drilled in order to increase the accuracy of the disequilibrium coefficient -- a mathematical means of equating gamma log readings to % U3O8.

W. T. Cohan, P. Eng., Tournigan's consulting engineer, and the Qualified Person as defined by National Instrument 43-101, has reviewed and approved the technical disclosure contained herein.