Toro Energy Begins Sonic Resource Drilling at Wiluna Project

Toro Energy Limited (ASX:TOE) announced the commencement of a sonic core resource drilling campaign at its Wiluna Uranium Project in Western Australia. 130 sonic core drill holes planned across Wiluna’s Lake Maitland, Centipede, Millipede and Nowthanna deposits. The program is expected to span 6 weeks, with the following objectives: investigations into the 2014 observation that previous gamma probe measurements may have led to an underestimation in significant parts of the resource; and improved geological data for the process optimization studies started in Q1 of 2015.

As quoted in the press release:

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.

Click here to read the Toro Energy Limited (ASX:TOE) press release