Toro Energy (TOE) has confirmed 2.6 metres of massive nickel sulphide grading 3.45 per cent nickel at the Dusty Discovery in WA
The company has now received results from diamond holes TED03 and TED04 with the holes averaging 1.86 per cent nickel and 3.45 per cent nickel respectively
Toro is planning a follow-up diamond drilling program at Dusty in the upcoming months depending on drill rig availability
Additionally, the company has announced that it has issued 108 million fully paid ordinary shares to Acuity Capital at a price of 1.1 cents per share to raise $1.2 million
The money will be used to fund future drilling programs at Yandal
Toro is currently steady on the market and shares have been trading for 1.4 cents since August 28
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