Toro Energy Limited
Toro Energy Limited is one of Australia’s largest (by market capitalisation) emerging uranium exploration and development companies. It has the financial and technical resources to discover and/or acquire uranium projects and bring them to production in a socially and environmentally responsible manner.
Toro Energy awarded WA Government drilling grant for Lake Mackay Uranium Project
Major ASX listed uranium developer Toro Energy (ASX: TOE) has been awarded one of the first co-funded industry drilling grants from the Western Australian Government.
The government allocation of $75,000 will be matched by Toro for drilling of two IOCGU targets in the Lake Mackay project area, in the far northeast of Western Australia.
Toro has been operating in the Lake Mackay region this year carrying out soil and gravity survey work, and has a current “Deed of Agreement” with the Tjamu Tjamu Aboriginal Corporation and the Ngaanyatjarra Land Council.
Along with calcrete uranium drill targets being funded by Toro, the IOCGU drill targets have been identified using both gravity and magnetic data.
The base camp for the Lake Mackay operations is at the community of Kiwirrkurra, 700km to the west of Alice Springs but inside the border of WA
Other Toro Energy Limited articles
Other Toro Energy Limited news
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25/08/10 Toro Energy test work to assist Wiluna Uranium Project feasibility study
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13/07/10 Toro Energy begins airborne survey at uranium projects in NT
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09/07/10 Toro Energy kicks off new drilling at Lake Mackay uranium discovery
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21/06/10 Toro Energy releases key environmental study for Wiluna Uranium Project
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26/05/10 Toro Energy commences uranium resource test pit at Wiluna
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05/05/10 Toro Energy commences geophysical survey at Lake Mackay Uranium Project
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04/05/10 Toro Energy elects not to exercise Napperby uranium purchase option
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22/04/10 Toro Energy moves closer to development of Wiluna Uranium Project
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26/02/10 Way made clearer for Toro Energy's new uranium mine in Western Australia
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18/02/10 Toro Energy to spend $4.5 million on uranium exploration program
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