Uranium hopeful Toro Energy has commenced maiden drilling at its Lake Mackay project in Western Australia, the company announced yesterday.
According to Toro, the 100% owned project, which abuts the Northern Territory border, has not been previously explored and is considered prospective for iron-oxide, copper, gold and uranium.
The Western Australian Government is supporting Toro’s Lake Mackay program through a grant of up to $75,000 for the drilling of two reverse circulation and diamond core drill holes to test these targets.
The latest announcement is only one part of major plans Toro has recently announced, acting managing director Simon Mitchell said.
“The drill schedules announced today are in addition to Toro’s recently agreed farm-in with Cameco Australia over the Birrindudu project,” he said.
“We are confident of adding Birrindudu to our WA-NT drilling schedules within a year.”