TOE 4.55% 34.5¢ toro energy limited

announcement further drilling in nt, page-3

  1. 11,992 Posts.
    Toro Energy announced a new resource drilling program has commenced to add to existing uranium resources at the Company's Napperby Project in Central Australia. The campaign is the first this year by Toro at Napperby and, along with previous drilling, is expected to complete at least 70% of the target mineralised area by the end of the program in five months time. The drill program is aimed to add to the Project's initial Inferred Resource of 670 contained tonnes (1.47m lbs) of U3O8 at Napperby, 150km northwest of Alice Springs. The new drilling follows recently announced assay results from the 2007 drilling at Napperby between September and December last year, and which highlighted the increased integrity and cohesiveness of the mineralisation, prompting Toro to increase the effort of the resource drill out.
 
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