Uranium Joint Venture - Toro Energy
Announced by: HLX
Announced on: 02/02/2006 17:39:58
Words: 564
Status: Market sensitive (Y)
View original PDF
--------------------------------------------------------------------------------
Helix Resources Limited A.C.N. 009 138 738 Incorporated in Western Australia
2ndFebruary 2006
Manager
Company Announcements Office
Australian Stock Exchange Limited
10thFloor, 20 Bond Street SYDNEY NSW 2000
LAKE EVERARD (TUNKILLIA) PROJECT NEW JOINT VENTURE WITH TORO ENERGY LIMITED Helix Resources Limited ("Helix") is pleased to announce a new Joint Venture with Toro Energy Limited
("Toro") over the Lake Everard Project in South Australia.
Toro is a new company formed through the amalgamation of Oxiana Limited ("Oxiana") and Minotaur
Exploration Limited's ("Minotaur") uranium interests in the Gawler and Curnamona Cratons of South
Australia, one of the world's most prospective uranium regions.
The Joint Venture provides the Company with exposure to the new exploration campaigns currently targeting
uranium throughout Australia. The Joint Venture tenements cover a number of unexplored radiometric
anomalies within a chain of remnant lakes that follow a series of Tertiary Palaeo-channel Systems
Under the terms of the new Joint Venture, which covers the same tenements as the Gold Joint Venture with
Minotaur, Toro may earn a 51% interest in the Uranium Rights for an expenditure of $2 million over three years,
of which $400,000 is a minimum expenditure commitment.
Yours sincerely
Riccardo Vittino
Chief Operating Officer
FOR FURTHER INFORMATION CONTACT ROB MOSIG OR RIC VITTINO ON (08)93212644 P.O. Box 825, West Perth, Western Australia 6872 9 Richardson Street, West Perth, Western Australia 6005 Telephone +61 8 9321 2644, Facsimile +61 8 9321 3909, Email: [email protected], Website: helix.net.au
--------------------------------------------------------------------------------
- Forums
- ASX - By Stock
- uranium joint venture - toro energy
Uranium Joint Venture - Toro EnergyAnnounced by: HLX Announced...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add HLX (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.05M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.4¢ | $4K | 1M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
40 | 55382965 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 104478 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
40 | 55382965 | 0.003 |
46 | 129991641 | 0.002 |
14 | 43599981 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 104478 | 2 |
0.005 | 41629376 | 26 |
0.006 | 37165265 | 29 |
0.007 | 12809483 | 10 |
0.008 | 15628969 | 9 |
Last trade - 10.06am 13/09/2024 (20 minute delay) ? |
Featured News
HLX (ASX) Chart |