Toro Energy Limited

Toro Energy Limited (Toro Energy) is an Australian-based mining company. Toro Energy was formed through the amalgamation of the uranium interests of Oxiana Limited (Oxiana) and Minotaur Exploration Limited (Minotaur Exploration) in South Australia. Toro Energy focuses to acquire uranium exploration and development rights over 42 properties covering a total area of 26,069 square kilometers in recognized uranium provinces of South Australia. These properties offer potential for commercial discoveries of sedimentary uranium deposits in three geological settings: in Tertiary and Permian age palaeochannel sediments; in unconformity-related deposits associated with red-beds overlying Proterozoic basement, and in vein-hosted and intrusive-related deposits within Proterozoic basement.