Tournigan Energy Updates on Drilling Program at Kuriskova Uranium Deposit

Tournigan Energy Ltd. (TVC: TSX-V; TGP: Frankfurt) provides this update to its ongoing drilling program at the Kuriskova uranium deposit in Slovakia.

This drill program began in July and to date 12 holes comprising approximately 2,500 metres have been completed. Drilling has focused on extending high-grade uranium mineralization in Zone 45, with the objective of increasing the size of the uranium resource. The program has been successful in showing a significant increase in the extent of Zone 45 uranium mineralization.

The conclusions drawn from the results to date are:

• The strike length of Zone 45 mineralization has increased by 100 metres to now total approximately 165 metres;
• The results to date are expected to add to the uranium resource at Zone 45;
• Preliminary structural analysis of drill results has identified a possible downward plunge orientation to the high-grade uranium mineralization in Zone 45, which remains open to depth. Downward extensions along this orientation may be tested by future drilling.

The drill rig will now be moved to test possible eastern extensions of Kuriskova Main Zone high-grade uranium mineralization in Zone 1226.

As reported in an independent resource estimate prepared by Tetra Tech, Inc. and announced March 24, 2010, the total NI 43-101 compliant resource at Kuriskova (before including results from this drill program) 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.

A complete tabulation of significant results from the 12 drill holes announced today is presented in Appendix A, which can be viewed from this link: http://www.tournigan.com/i/pdf/Kuriskova-Zone45-Drill-AppA-Oct2010.pdf. A plan and section showing these holes can be viewed from this link: http://www.tournigan.com/i/pdf/Kuriskova-Zone45-PlanView-Oct2010.pdf.

The uranium grades presented above are reported as equivalent uranium oxide (e U₃O₈%) as determined by downhole radiometric logging. The logging was performed by Koral, s.r.o. of Slovakia. Drill core samples are being submitted to the Laboratory of the Geological Survey in Slovakia (SGUDS) and ALS Chemex in Seville, Spain for chemical assay. Drill intercepts are reported as drilled; true thicknesses have not yet been calculated. Quality Control and Quality Assurance is provided by Ravi Sharma, Tournigan's Manager, Resources and Reserves, who is a Qualified Person as defined by NI 43-101 and has reviewed and approved the technical disclosure contained in this news release.

Source: Tournigan Energy Ltd.