This project is one of the few in the world capable of production in the critical 2014-15 period, with 54mlb (24,244 tonnes) U3O8 total regional resource (at 200ppm U3O8 cut off grade)
Toro's principal exploration asset is the Theseus Uranium Project. This is a greenfield discovery with exploration target range of 22 to 44mlbs (20,000 tonnes) U3O8 with significant upside.
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About Toro Energy Limited
Toro Energy is a modern Australian uranium company with progressive project development, acquisition and growth. The company is based in Adelaide, South Australia with a project office in Perth, Western Australia.
Toro’s flagship and wholly-owned Wiluna uranium project (includes existing mining lease) is 30 kilometres southeast of Wiluna in Central Western Australia.
Wiluna contains two shallow calcrete deposits, Lake Way and Centipede, with prefeasibility and optimisation studies completed and a definitive feasibility study underway. Toro has advanced the Approvals process with an anticipated date of mid-2012, construction through 2013 and first uranium sales in 2014.
Toro has a new uranium project at Theseus in Western Australia, and owns uranium assets in Northern Territory, South Australia and in Namibia, Africa.
Toro Energy Limited