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Toro Energy Ltd.
Summary
| Project: | Yandal | |
|---|---|---|
| Deposit: | Christmas | |
| Location: | Australia | |
| Commodities: | Nickel | |
| Date: | 10/30/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 30-10-2019: Toro Energy Ltd. announces an Exploration/Drilling Update report for its Christmas deposit at the Yandal project. Drilling results incl. 1m @ 0.382% Ni from 177m. Toro Energy Limited (ASX: TOE) (‘the Company’ or ‘Toro’) is pleased to announce | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Greg Shirtliff (Internal) | |
| ABSTRACT: | Toro Energy Limited (ASX: TOE) (‘the Company’ or ‘Toro’) is pleased to announce that the Company has intersected ‘fingers’ of massive sulphide containing nickel in reverse circulation (RC) drill hole TERC13, as part of its exploration drilling at the Christmas Target Area, on the Company’s 100% owned Yandal Gold Project (‘the Project’). The Yandal Gold Project is located within the world class gold district, the Yandal Greenstone Belt less than 35km NE of the multi-million ounce Bronzewing Gold Mine (Figure 1). The Yandal Gold Project is also only some 50km east of the world class Mt Keith Nickel Mine. The thin lenses of massive sulphide containing nickel are concentrated over 1m from 177m downhole in TERC13, which was drilled on the western side of the Christmas Target Area, some 730m west northwest of TERC06 (Figure 2). They are hosted in ultramafic/komatiite near to a basement contact with granite (Figure 3). | |
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