TORO Energy shares are higher after the uranium mine developer upgraded the quality of resources at its Wiluna project in Western Australia.
Toro said recent drilling results led to a 75 per cent increase in the project's measured and indicated resources.
All three deposits had contiguous zones of higher grade mineralisation, it said.
Managing director Vanessa Guthrie said improvements in the company's knowledge of the deposits would help in the completion of a definitive feasibility study, expected in 2014.
Toro still needs to secure project financing for Wiluna.
The company hopes to begin production at Wiluna in 2016, making it Western Australia's first uranium mine.
Toro shares gained 0.3 cents, or 3.6 per cent, to 8.6 cents.
Anda sedang membaca artikel tentang
Toro shares rises on resource upgrade
Dengan url
http://laptoptua.blogspot.com/2013/10/toro-shares-rises-on-resource-upgrade.html
Anda boleh menyebar luaskannya atau mengcopy paste-nya
Toro shares rises on resource upgrade
namun jangan lupa untuk meletakkan link
Toro shares rises on resource upgrade
sebagai sumbernya
0 komentar:
Posting Komentar