Toro Energy Limited (ASX:TOE) announce the execution of a Letter of Intent with OZ Minerals Ltd (ASX:OZL) for the termination of Toro's Tenements Access Agreement over EL4025, EL4132, EL4283, EL4390, referred to as the Mt Woods Project located in South Australia.
Toro Energy Limited (ASX:TOE) is pleased to provide the following Exploration Target Range for its 100%-owned Theseus Uranium Project in Western Australia: 20Mt to 40Mt @ approx 400 to 500parts per million (ppm) U3O8, for 10,000t to 20,000t U3O8 or 22Mlb to 44Mlb U3O8.
Venus Metals Corporation Limited (ASX:VMC) refer to the announcement to the Australian Securities Exchange (ASX) on 31 October 2011 whereby the Company announced the receipt of gold assays from one metre sampling of drill hole YGRC 156 and composite five metre sampling from four holes (YGRC 137, 140, 141 and 144) completed at the Yalgoo Gold Project.
Venus Metals Corporation Limited (ASX:VMC) are pleased to announce the receipt of very significant gold assays from detailed sampling of drillhole YGRC 156 completed at the Yalgoo Gold Project, together with excellent results from selected composite sampling in four other holes.
Toro Energy Limited (ASX:TOE) at its 100%-owned Theseus uranium project in Western Australia was completed on Friday 14 October 2011. For the last phase of the program, Toro concentrated on testing the extent of higher-grade zones within the eight kilometres of palaeochannel previously defined. Drilling at 100m spacing has intersected higher grade zones of mineralisation in three locations.
Toro Energy Limited (ASX:TOE) is very pleased to announce that drilling at the Theseus Project in WA, near the NT border, has continued to record strong uranium discovery results. In particular drill hole LM0052 recorded a peak result of nearly 9,000ppm (0.9% eU3O8) within an interval of 3.44m @ 1,137ppm eU3O8.
Toro Energy Limited (ASX:TOE) announces that a full update to its Wiluna regional resource base in WA has resulted in a total resource of 50.1Mlbs contained U3O8 (52.25Mt @ 434ppm for 22,641t contained uranium at 200ppm U3O8 cut-off). This represents a 32% increase.
