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.
Toro Energy Limited (ASX:TOE) are pleased to announce the execution of comprehensive legal documentation with a group of vendors led by Impact Minerals Ltd (ASX:IPT) and including CITIC Nickel Pty Ltd, Talbot Group Investments Pty Ltd, Spar Resources Pty Ltd, John Rowntree and Teddy Tech Pty Ltd, for the purchase of two exploration tenements, E51/1072 and E51/1075, ("Nowthanna") 50km south of Meekatharra and about 150km west of Toro's Wiluna Uranium Project in Western Australia.
Indochine Mining (ASX:IDC) is pleased to announce the formal appointment of Mr George Niumataiwalu as Country Manager-Papua New Guinea (PNG) and Project Director.
Toro Energy Limited (ASX:TOE) has completed a program of pilot plant processing test work as part of its continuing assessment of the Wiluna uranium project in Western Australia.
Toro Energy Limited (ASX:TOE) are pleased to announce the execution of comprehensive legal documentation with MPI which sets out the commercial and legal framework for the purchase of certain mining tenements adjacent to the Centipede deposit at Toro's Wiluna Uranium Project in Western Australia. Details of this transaction were announced in ASX release dated 17 February 2011.
