Toro (ASX: TOE) finds more massive nickel sulphides at Dusty

Toro (ASX: TOE) finds more massive nickel sulphides at Dusty

September 6, 2022 0 By Rueben Hale

Toro Energy’s follow-up diamond drill hole at the Dimma Ni-sulphide discovery has also intersected massive and semi-massive nickel sulphides highlighting the potential for Ni-sulphide mineralisation in the Dimma location 50km east of the world-class Mt Keith Nickel deposit in Western Australia’s northern goldfields.

The second bearing diamond drill hole intersected a zone of intermittent Ni-sulphide mineralisation, which, inclusive of dilution, extends for some 20.5m and includes 2.5m of continuous massive Ni-sulphide at its base from 314.7m downhole.

Spot analysis suggests the Ni grades range between 1.0 and 3.1%, providing compelling evidence that more Ni-sulphide mineralisation could be present at the new discovery site, which remains open in all directions.

The Dimma discovery is the fourth Ni-sulphide discovery made along the Dusty Komatiite, which highlights the prospectivity of the Dusty Komatiite for Ni-sulphides, which has at least 7.5km of strike length within Toro’s 100% owned Dusty Nickel Project.

Only 1.4km tested so far at a single depth along a 7.5km komatiite magnetic trend, and Toro already has four discovery locations of massive and semi-massive nickel sulphides.

All of the mineralisation so far discovered at the four discovery locations, Dusty, Houli Dooley, Jumping Jack and Dimma, is open at depths above and below the current positions drilled.

Diamond drilling continues on the Dusty Nickel Project, and Toro will continue to inform the market of any significant developments.

About Toro Energy Limited

Toro Energy Limited is an ASX-listed uranium development and exploration company with projects in Western Australia. Toro’s tenure in Western Australia is also prospective for gold and base metals. Toro is committed to building an energy metals business with the flagship Wiluna Uranium Project as the centrepiece.

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