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Toro Energy Ltd.
Summary
| Project: | Yandal | |
|---|---|---|
| Deposit: | Christmas | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 11/7/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 7-11-2019: Toro Energy Ltd. announces an Exploration/Drilling Update report for its Christmas deposit at the Yandal project. Drilling results incl. 3m @ 0.788g/t Au from 188m. 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 gold just 10m (downhole) below the nickel in massive sulphide intersection 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 intersection of gold was identified in three consecutive samples selected for expedited geochemical analysis representing a 3m section of RC drill hole TERC13 (refer to Figure 2 and Appendix 1 for drill hole details). The results show that 3m at 0.788g/t gold was intersected from 188m downhole including 1m at 1.275g/t gold from 189m downhole (refer to Figure 3). It is important to recognise that samples were not selected immediately either side of the 3m interval. The geochemistry for the remainder of the drill hole is pending. | |
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