Tournigan Geotechnical Drilling Hits Uranium Mineralization at Much Higher Grade Than Expected at Kuriskova

Tournigan Energy Ltd. (TVC: TSX-V; TGP: Frankfurt) (Pink Sheets: TVCFF)
announced today the results of downhole radiometric logging of a
geotechnical drill hole in the central part of the high grade Kuriskova
Uranium deposit in Slovakia. This hole was drilled to collect
geotechnical information as part of the ongoing prefeasibility study
being performed by Tetra Tech, Inc. which is expected to be completed
before the end of this year.

Highlights of the results from this drill hole (LE-K-70-G) are:

• 
  An intercept of 3.0 metres (393.2m to 396.2 m) at 0.239 % eU3O8,
  including 0.6 metres at 0.765% eU₃O₈;
  
• 
  An additional intercept of 1.2 metres (397.5 m to 398.7m) at 1.168 % eU₃O₈
  including 0.6 meters at 2.038 % eU₃O₈; and
  
• 
  This hole was drilled into a zone of the deposit with a modeled grade
  of 0.056% U₃O₈ and thus intersected considerably
  higher than expected grade in this part of the deposit.
  

As planned, Drill Hole LE-K-70-G intersected the central portion of the
Indicated Resource which comprises Kuriskova′s Main Zone North at a
depth of about 390 metres. Based on the most recent Kuriskova resource
estimate (April 2011), the modeled grade in this part of the Kuriskova
deposit was 0.056% U₃O₈. This new drill
intersection thus represents a significant improvement over expected
grade in this part of the deposit. The April 2011 resource estimate by
Tetra Tech comprises an Indicated Resource of 28.5 million pounds U₃O₈
grading 0.555% U₃O₈ contained in 2.3 million
tonnes and an additional Inferred Resource of 12.7 million pounds U₃O₈
grading 0.185% U₃O₈ contained in 3.1 million
tonnes, at a cut-off of 0.05%U (see news release dated April 26, 2011).

A complete tabulation of significant intersections from this hole is
presented in Appendix A which can be viewed from this web link: http://www.tournigan.com/i/pdf/20110823-Appendix-A.pdf.
The drill hole location can be viewed from this web link: http://www.tournigan.com/i/pdf/20110823-Appendix-B.pdf.

Uranium grades presented in this news release are reported as equivalent
uranium oxide (eU₃O₈ %) based on 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.

About Tournigan

Tournigan is a uranium exploration and development company that has
built a portfolio of highly prospective assets in Slovakia, a member of
the European Union since 2004. Slovakia is economically and politically
stable, has excellent infrastructure and currently has four nuclear
reactors generating half of its electricity with two more under
construction. Tournigan is committed to safe and sustainable exploration
and mine development in Slovakia. In addition to Kuriskova, Tournigan
has several other exploration targets along the Slovakian uranium belt
which are showing positive exploration results.

TOURNIGAN ENERGY LTD.

'Dusty Nicol?

Dorian L. (Dusty)
Nicol, President and CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.

For further information please contact: Knox Henderson, Tournigan Energy
Investor Relations, at (604) 683-8320, or visit www.tournigan.com.

Cautionary Statement:

This news release contains forward-looking statements that are based on
the Corporation′s current expectations and estimates. Forward-looking
statements are frequently characterized by words such as 'plan?,
'expect?, 'project?, 'intend?, 'believe?, 'anticipate?, 'estimate?,
'suggest?, 'indicate? and other similar words or statements that certain
events or conditions 'may? or 'will? occur. Such forward-looking
statements involve known and unknown risks, uncertainties and other
factors that could cause actual events or results to differ materially
from estimated or anticipated events or results implied or expressed in
such forward-looking statements. Such factors include, among others: the
actual results of current exploration activities; conclusions of
economic evaluations; changes in project parameters as plans to continue
to be refined; possible variations in ore grade or recovery rates;
accidents, labour disputes and other risks of the mining industry;
delays in obtaining governmental approvals or financing; and
fluctuations in metal prices. There may be other factors that cause
actions, events or results not to be as anticipated, estimated or
intended. Any forward-looking statement speaks only as of the date on
which it is made and, except as may be required by applicable securities
laws, the Corporation disclaims any intent or obligation to update any
forward-looking statement, whether as a result of new information,
future events or results or otherwise. Forward-looking statements are
not guarantees of future performance and accordingly undue reliance
should not be put on such statements due to the inherent uncertainty
therein.

Tournigan Energy Investor Relations

Knox Henderson,
604-683-8320

www.tournigan.com