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Toro Energy Ltd.

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Summary

Project:

Yandal

Deposit:Yandal
Location:Australia
Commodities:Gold
Date:7/30/2019
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:30-7-2019: Toro Energy Ltd. announces an Exploration/Drilling Update report for its Yandal deposit at the Yandal project. Drilling results incl. 79ppb Au from 60m. Toro Energy Limited (ASX: TOE) (‘the Company’ or ‘Toro’) is pleased to announce that their
Resources:x
CP/QP:[Overall Report]: Greg Shirtliff (Internal)
ABSTRACT:Toro Energy Limited (ASX: TOE) (‘the Company’ or ‘Toro’) is pleased to announce that their first-pass aircore exploration drilling for gold on the Company’s 100% owned Yandal Gold Project (‘the Project’ or ‘the Yandal Gold Project’) has uncovered an unbroken 1.7km long, 500m wide gold anomaly related to a major structure, which will require follow-up exploration. The new target area, known as ‘Shadow Rock’, is located along the regional NE trending structure that transects the entirety of the Project’s geology, the main artery to Toro’s interpreted Bronzewing structural corridor and was targeted in the recently completed first pass greenfields exploration. 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 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).

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