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Latest Announcements
Toro Investor Presentation Feb 2012 (3839 kb) | 09-Feb-2012 | |
Appointment of Joint Company Secretary (211 kb) | 07-Feb-2012 | |
Toro Energy Announces Share Purchase Plan (229 kb) | 06-Feb-2012 | |
WA Opposition Leader allows approved mines to proceed (207 kb) | 24-Jan-2012 | |
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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
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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
| Namibia, Africa | |||||
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In December 2006, Nova Energy (Namibia) was granted three Exclusive Prospecting Licences ("EPLs 3668, 3669 and 3670") in Namibia for nuclear fuel and base and rare metal exploration. The licences cover areas considered to be prospective for primary Alaskite hosted-Rossing-type mineralisation and superficial Langer Heinrich-type calcrete uranium mineralisation. |
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| EPLs 3668, 3669 and 3670 – Reptile (Deep Yellow) Earning 65%
Figure 1: Tenement location in Namibia
GAWIB WEST EPL3668The Gawib West tenement is located about 12km west of Paladin's Langer Heinrich deposit and covers part of the upper Tumas drainage. The Langer Heinrich channel is interpreted to have once flowed directly west into the upper reaches of the Tumas drainage system. The photograph shows the surface features in this area down-stream of the Langer Heinrich deposit. Drilling by initially Nova and later Reptile downstream of Langer Heinrich was unsuccessful at finding significant uranium mineralisation.TUMAS NORTH EPL3669The Tumas North EPL3669 is located about 24km southwest of Swakopmund and covers part of the northern arm of the Tumas drainage system. The tenement contains bedrock alaskites and superficial calcretes, both of which have the potential to host uranium mineralisation. Initial reconnaissance and alpha cup sampling has been carried out over the Tumas North (EPL3669) tenement. In 2009 Reptile completed an airborne radiometric/magnetic and EM survey. In 2010 Reptile drilled six RC holes on this tenement targeting strong magnetic responses. No economica iron was intersected but one hole reported anomalous uranium in a palaeochannel. This tenement has strong potential in the NW corner for alaskite style uranium mineralisation. CHUNGOCHOAB EPL3670Chungochoab is a large EPL (3670) that covers a tract of land about 80km south-southeast of Swakopmund. Three anomalies are evident on airborne radiometric data. Two of these cover area underlain by calcrete and have been the subject of an alpha cup survey. The results show significant radon signatures over potential palaeochannel areas, which align with the more regional radiometric data. In 2009 Reptile completed an airborne radiometric/magnetic and EM survey.
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