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Uranium developer Toro Energy back on the ground at Wiluna in WA to further drill test high grade U deposits
Uranium developer, Toro Energy Limited (ASX: “TOE”) has commenced a comprehensive sonic core resource drilling campaign at its advanced Wiluna Uranium Project in Western Australia. The program comprises up to 130 planned shallow drill holes (10-15m deep) for up to 1,600 metres of sonic core drilling across four deposits, Lake Maitland, Centipede, Millipede and Nowthanna.
The focus will be on the higher grade areas of the deposits (with block model grades of around 1,000 ppm U3O8 and above) where previous observations suggest the potential for underestimation of the resource is the most significant.
The results from the drill campaign will also provide a more detailed understanding of the geological relationships within the resource and aid the current metallurgical optimisation studies.
For the first time since its acquisition in 2011, Toro will include the Nowthanna deposit within the Wiluna drill campaign, looking to confirm historical assumptions about the deposit and in particular, U3O8 grades and geological interpretations and parameters.
The drill program is expected to take 6 weeks with sample analysis and results released in Q3 of 2015.
