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- Toro Energy (TOE) has completed reverse circulation (RC) drilling at the Golden Ways Target Area within the Yandal Gold Project in WA
- All up, 2416 metres were drilled, which is more than the 2000 metres originally planned
- This extra drilling was completed due to efficiencies in the field, which allowed for more targets to be tested on Toro’s budget
- Drilling tested two main outcropping quartz veins that were recently subject to a thorough rock chip sampling program
- Drill chip samples have been chosen for geochemical analysis and sent to the laboratory for assay with results expected in October
- Toro is up 8.33 per cent in early morning trade, worth 1.3 cents each
Toro Energy (TOE) has completed reverse circulation (RC) drilling at the Golden Ways Target Area within the Yandal Gold Project.
Yandal is situated within the Yandal Greenstone Belt which lies 15 kilometres northeast of the Bronzewing Gold Mine in Western Australia.
All up, 35 RC holes, for 2416 metres, were drilled, which is more than the 2000 metres originally planned.
This extra drilling was completed due to efficiencies in the field, which allowed for more targets to be tested on Toro’s budget.
Toro began work on September 8 with aims to test two main outcropping quartz veins that were subject to a thorough rock chip sampling program.
This program highlighted anomalous gold, with 24 per cent of the samples returned containing more than one gram per tonne gold and 6.6 per cent of the samples containing more than five grams per tonne gold.
Drill chip samples have been chosen for geochemical analysis and sent to the laboratory for assay with results expected in October.
Toro is now in the process of planning a follow-up diamond drilling program at the Dusty nickel discovery. More details will be provided as preparations progress.
Company shares are up 8.33 per cent in early morning trade, worth 1.3 cents each at 10:31 am AEST.
