Toro Energy Limited (ASX:TOE) is pleased to provide the following Exploration Target Range for its 100%-owned Theseus Uranium Project in Western Australia:
20Mt to 40Mt @ approx 400 to 500parts per million (ppm) U3O8, for 10,000t to 20,000t U3O8 or 22Mlb to 44Mlb U3O8*.
*The Exploration Target Range (ETR) is conceptual in nature and there has been insufficient exploration completed to define this material as a Mineral Resource.
There is no certainty that the further work referred to herein will result in the determination of a Mineral Resource.