0001052918-05-000245 Sample Contracts

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TOURNIGAN GOLD CORPORATION
Tournigan Gold Corp • May 20th, 2005 • Gold and silver ores

This Letter of Intent sets out the terms on which Tournigan Gold Corporation (“Tournigan”) offers to acquire from Argosy Minerals Inc. (“Argosy”) a 100% interest in the Project.

STRONGBOW EXPLORATION INC. – LETTERHEAD]
Tournigan Gold Corp • May 20th, 2005 • Gold and silver ores
RE:
Tournigan Gold Corp • May 20th, 2005 • Gold and silver ores • British Columbia

We have jointly entered into option agreements respecting the Curraghinalt and Tyrone properties dated February 3, 2003 respectively (the “Option Agreements”). We understand that the “Mineral Rights” on the “Properties” (both as defined in the Option Agreements, which definition shall apply here) are held by your wholly owned subsidiary, Ulster. As we have discussed, it is our desire to move aggressively towards production from the Properties, and to that end we wish to acquire a 100% interest in the properties through the acquisition of 100% of Ulster.

TOURNIGAN VENTURES CORPORATION
Tournigan Gold Corp • May 20th, 2005 • Gold and silver ores

This Memorandum of Understanding (“MOU”) sets forth the terms of an agreement whereby Tournigan Ventures Corporation (“Tournigan”) can acquire a 100% interest in the El Potosi Concession, El Salvador (“Potosi Project”) and a 60% interest in the Pedernal Project, El Salvador (the “Pedernal Project”) from Brett Resources Inc. (“Brett”), not mutually exclusive. This MOU will be legally binding on both parties.

POOLING AGREEMENT
Pooling Agreement • May 20th, 2005 • Tournigan Gold Corp • Gold and silver ores

WITNESSES THAT WHEREAS in contemplation of an acquisition by the Company from the Pooled Shareholder pursuant to an agreement dated February 12, 2004 (the “Share Purchase Agreement”), the Company has issued 5,000,000 of its common shares (the “Securities”), and the Pooled Shareholder has agreed to place in pool all of the Securities to be held in accordance with this Pooling Agreement;

ROYALTY AGREEMENT
Royalty Agreement • May 20th, 2005 • Tournigan Gold Corp • Gold and silver ores

MINCO PLC, a company duly incorporated under the laws of the Republic of Ireland and having its registered office at 162 Clontarf Road, Dublin 3, Ireland. Registered No. 38384.

VARIATION AGREEMENT
Variation Agreement • May 20th, 2005 • Tournigan Gold Corp • Gold and silver ores

We refer to the agreement for the sale of interests in the El Potosi and Cerro Pedernal Projects, El Salvador (“Agreement”) between Tournigan Gold Corporation and Condor Securities Limited on or around 18 February 2004.

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