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Toro Energy Ltd.
Summary
| Project: | Yandal | |
|---|---|---|
| Deposit: | Christmas, November Rain | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 7/9/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 9-7-2019: Toro Energy Ltd. announces an Exploration/Drilling Update report for its Christmas, November Rain deposit at the Yandal project. Drilling results incl. 3m @ 110ppb Au from 108m. Toro Energy Limited (ASX: TOE) (‘the Company’ or ‘Toro’) wishes to | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Greg Shirtliff (Internal) | |
| ABSTRACT: | Toro Energy Limited (ASX: TOE) (‘the Company’ or ‘Toro’) wishes to advise that recent infill first passaircore drilling at the Christmas and November Rain target areas on the Company’s 100% owned Yandal Gold Project (‘the Project’ or ‘the Yandal Gold Project’) has shown that the two areas are joined along a N-NW trend creating a gold anomaly up to 300 wide and 1.3km long, and which remains open to the south. 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 Christmas Gold Prospect and November Rain Target Area are located in the NE of the Project within exploration licence 53/1060 (Figure 2). The first-pass aircore drilling campaign on the Yandal Gold Project was completed recently with a total of 269 holes drilled for 19,926.5m (inclusive of re-drills). Nearing the end of the campaign a number of in-fill holes were drilled in the November Rain area inclusive of between November Rain and Christmas (refer to Appendix 1 for new drill hole collar locations). The aircore drilling technique is a first-pass exploration technique commonly used in areas of little to no historical exploration which has been used on the Yandal Gold Project to collect samples from the unknown basement rock geology at depth beneath transported cover materials. | |
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