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Toro Energy Ltd.

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Summary

Project:

Wiluna

Deposit:Wiluna
Location:Australia
Commodities:Uranium
Date:3/7/2019
Report Code:JORC
Report Type:Scoping Study
Project Stage:Mine Development
Report details:7-3-2019: Toro Energy Ltd. announces a Scoping Study report for its Wiluna deposit at the Wiluna project. Updated scoping study for Wiluna project. Toro Energy Limited (ASX:TOE) (the Company or Toro) is pleased to announce the results of its Scopin
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Greg Shirtliff (Internal)
ABSTRACT:Toro Energy Limited (ASX:TOE) (the Company or Toro) is pleased to announce the results of its Scoping Study Update for the Company’s 100% owned and environmentally approved4 Wiluna Uranium Project in Western Australia (refer to Figure 1). The update includes the implementation of changes to the proposed processing flowsheet design announced as part of the Company’s 2016 scoping study in respect of the Wiluna Uranium Project (2016 Scoping Study) which have consequently resulted in potential improvements in the capital and operating cost of the project as well as a potential improvement in overall uranium recovery from the plant. The changes implemented to the processing flow sheet for this update to the 2016 Scoping Study (2019 Scoping Study Update) have resulted from the opportunities highlighted by the test work completed as part of the Beneficiation and Process Design studies (Studies) that have been ongoing since completion of the 2016 Scoping Study5 .

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