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Toro Energy Ltd.
Summary
| Project: | Wiluna | |
|---|---|---|
| Deposit: | Wiluna | |
| Location: | Australia | |
| Commodities: | Uranium | |
| Date: | 1/30/2018 | |
| Report Code: | JORC | |
| Report Type: | Optimisation Study | |
| Project Stage: | Mine Development | |
| Report details: | 30-1-2018: Toro Energy Ltd. announces a Optimisation Study report for its Wiluna deposit at the Wiluna project. Phase two Beneficiation and Process Design study confirms potential substantial cost reductions. Toro Energy Limited (ASX: TOE) is pleased to a | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: n/a (n/a) | |
| ABSTRACT: | Toro Energy Limited (ASX: TOE) is pleased to announce the interim results of phase two of the Beneficiation and Process Design studies (‘Studies’) for the Company’s 100% owned Wiluna Uranium Project in Western Australia (refer to Figure 1). These results further confirm opportunities to substantially reduce the capital and operating costs of the processing facility that was successfully tested in the scoping study. The results show that the re-design of the process flow sheet, which significantly reduces the capital and operational cost of the proposed hydrometallurgical plant for the Wiluna Uranium Project, continues to be validated at scoping level testing. Major successes of the phase two test work, which have the potential to significantly enhance the technical and financial feasibility of the Wiluna Uranium Project, so far include Metallurgical consultants Strategic Metallurgy were engaged in 2017 to further develop the processing concepts that were successfully tested in Toro’s preliminary studies conducted in 2016. The main focus of the work was to test for variability in the behaviour of each individual ore type identified in earlier studies, to the proposed beneficiation method, as well as other processing techniques, such as filtration. The earlier studies highlighted a major opportunity to reduce both the capital and operating costs of the proposed hydrometallurgical plant for the Wiluna Uranium Project through a re-design of the plant and processing flowsheet (refer to Figure 2). The key changes were: | |
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