• Toro Energy (TOE) has spent the June quarter undertaking exploration at its Yandal Gold Project and Wiluna Uranium Project
  • The company undertook mineralogical analysis on the Dusty prospect, confirming the presence of nickel sulphide
  • An electromagnetic survey was then completed to test the extent of the mineralisation
  • Additionally, Toro completed rock chip sampling at the Golden Ways prospect with focus on the large gold-bearing quartz veins
  • During the June quarter, Toro burnt $93,000, with the majority going towards admin and corporate costs
  • As of June 30, the company had just over $3.4 million in cash, a slight decrease from the $4.07 million in the previous quarter
  • Toro is down 7.69 per cent on the market and shares are currently trading for 1.2 cents each