Toro Energy Increases Centipede Uranium Resource by 17%

Toro Energy (ASX:TOE) announced it has increased its estimated uranium resource for the Centipede project by 17% after completing infill drilling.

Toro’s Managing Director, Greg Hall said:

The improved uranium grades and resources for the Centipede deposit significantly enhance the economic viability and the confidence in the Wiluna project. The Wiluna project is moving closer to being Australia’s next uranium producer as it continues through the environmental assessment phase of the government’s approvals with a government decision anticipated in mid-2012.

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