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Gold/Mining/Energy : International Tournigan(ITG.V)announces major discovery
ITG 30.230.0%Feb 28 4:00 PM EST

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To: Alex who wrote (46)2/17/1997 5:18:00 PM
From: Danny Grant   of 347
 
International Tournigan Corporation - News Release

Riyadh drilling results

International Tournigan Corporation
ITG
Shares issued 12934730
1997-02-12 close $2.95
Thursday Feb 13 1997
News Release
Mr A.E. Daem reports
The company received the results of three drill holes completed in January 1997 from its 50%
owned Riyadh concession in Ghana.

Drill From - To Interval Au
Hole No. (m) (m) oz/t
-------- --------------- -------- ----

TDR 53 169.91 - 170.91 1.00 0.06
170.91 - 172.10 1.19 0.09
172.10 - 174.76 2.66 0.08
174.76 - 176.30 1.54 0.02

TDR 54 99.39 - 102.39 3.00 1.12

TDR 55 149.51 - 151.41 1.90 1.02
151.41 - 154.27 2.86 0.02

These holes were part of a drill hole program designed to test the continuity of the ore on strike
and at depth in the 5050 zone on the main R reef trend. The 400m long, 5050 zone has been defined
indicating a preliminary resource of 250,000 ounces of gold to a depth of 100m.

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