Toro Energy Limited (ASX:TOE) Submits Draft Environmental Approval Document For Wiluna Uranium Project

Perth, Mar 3, 2011 AEST (ABN Newswire) - Toro Energy Limited (ASX:TOE) (PINK:TOEYF) has submitted documentation on which the Federal and Western Australian Governments will make final decisions about the company's 100% owned Wiluna Uranium Project.

The documentation, in the form of an Environmental Management Review Programme/Draft Environmental Impact Statement (ERMP/Draft EIS), describes in detail the impacts of the Project and how they would be managed by Toro.

The ERMP/Draft EIS has been submitted to the Environmental Protection Authority of Western Australia which is leading the Government assessment of the Project under a bilateral agreement between the Western Australian and Federal Governments.

The two Governments will assess this first draft of the ERMP/Draft EIS to determine whether it complies with guidelines they have set for its preparation and is suitable for public exhibition.

A public exhibition period of 14 weeks has been set for the ERMP/Draft EIS. During this period, individuals and organisations will be able to make submissions to Government about the Project. To support this process, Toro will hold public information days in Wiluna, Leonora, Menzies and Kalgoorlie.

Subject to Government and Toro Board approvals, Toro is planning to have the Wiluna Project in production in 2013.

The preparation of the ERMP/Draft EIS is the third major step in the assessment and approval process for the Wiluna Project following the referral of the Project to the Western Australian and Federal Governments in October 2009, and the public exhibition of an Environmental Scoping Document in mid-2010.

Contact

Greg Hall Toro Energy Limited Tel: +61-8-8132-5600 http://www.toroenergy.com.au