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Latest Announcements
WA Opposition Leader allows approved mines to proceed (207 kb) | 24-Jan-2012 | |
Quarterly Report - December 2011 (6928 kb) | 23-Jan-2012 | |
General Meeting - Mt Woods Agreement Termination (3339 kb) | 13-Jan-2012 | |
Presentation on Theseus Prospect at SA Explorers Conference (4105 kb) | 07-Dec-2011 | by Senior Project Geologist, Dr Steve Abbott |
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Contact
Principal Office:
Toro Energy Limited
3 Boskenna Avenue
NORWOOD
South Australia 5067
ABN 48 117 127 590
Telephone: (08) 8132 5600
Facsimile: (08) 8362 6655
Email: info@toroenergy.com.au
Perth Office:
Toro Energy Limited
Level 2, 35 Ventnor Avenue
WEST PERTH
Western Australia 6005
PO Box 584
West Perth WA 6872
Telephone: (08) 9214 2100
Facsimile: (08) 9226 2958
Email: info@toroenergy.com.au
Welcome to Toro Energy Limited
A "pure" uranium explorer and project developer
Statement
Toro Energy is a modern Australian uranium company with progressive project development, acquisition and growth. The company is based in Adelaide, South Australia with a project office in Perth, Western Australia.
As a project developer and uranium explorer Toro highlights the following points:
• Recent acquisition of additional tenements and resources around its flagship Wiluna Project
in Western Australia, consolidating a strong regional position in uranium and offering options
for higher capacity mining over a longer period;
• Is well into the Western Australian Regulatory Approval process for the Wiluna Project
with the Environmental Review and Management Programme (referred to outside Western
Australia as an Environmental Impact Statement) on public exhibition until 31 October
2011 - the first Western Australian uranium project to reach this stage;
• Initiated sales discussions with potential customers, and is reviewing project finance options;
• Has a substantial exploration program underway (20,000 metres of drilling scheduled for
Australia in Calendar 2011)
• Has sufficient cash contingency for its forward project approvals, feasibility and planning,
and exploration plans.
The Wiluna Project is at an advanced stage in government assessment and approval, with Toro planning to commit to construction late next year for first production in 2013.
The Project hosts two shallow (generally less than 10m deep) calcrete deposits with a Measured, Indicated and Inferred resource of 24.4Mlbs of contained U3O8 in the current project approved. Since late 2010 Toro has completed further tenement acquisitions in the immediate vicinity of the Project known to have uranium bearing mineralisation, with the potential to add 10 to 12Mlbs to this resource base.
The Wiluna Project has a 10 -14 year mine life at the rate of around 1,000 tpa of uranium oxide. Resource definition drilling during 2011 on additional tenements will indicate whether the mine life and capacity could be extended.
The Board and Senior Management of Toro have extensive experience in major mining houses, successful exploration companies, large uranium mining operations, uranium marketing and government and community relations.
Associated Companies
Job Opportunities
20-Jan-2012 05:10 PM