Toro Energy Limited (ASX: TOE) ('the Company' or 'Toro') is pleased to announce that the Company is continuing to advance its plans to begin operation of a pilot plant for its Wiluna Uranium Project in the second half of 2024.
The design phase of the proposed research pilot plant is now in the final stage with the first draft of the engineer's drawings being completed. These drawings will be refined for a final design, which will in turn be used to construct the pilot plant for operation at a designated site in Perth, Western Australia. The pilot plant design has assumed an extended mining operation, beyond a Lake Maitland stand-alone, to a larger Wiluna Uranium Project where potential ore from the Lake Way and Centipede-Millipede deposits are included. Therefore, in addition to potential bulk ore from Lake Maitland, the plant will be testing Toro's new processing technique on potential bulk ore from Centipede-Millipede as well as Lake Way. To supply the pilot plant with potential ore material Toro has chosen a low impact technique of sampling large diameter sonic drill core instead of trenching or digging into the deposits. Thistechnique will also allow for an overall more representative sample of ore types across all three of the Wiluna Uranium Project deposits, Lake Maitland, Centipede-Millipede and Lake Way. Additionally, to ensure the pilot plant feed is representative of any proposed mining and processing operation, a detailed reworking of the geometallurgical models for all three deposits has also been initiated. This work will give further confidence that the final drill plan for the proposed sonic core drilling will provide an 'as realistic as possible' test of the newly derived processing circuit on Wiluna Uranium Project potential ore. Whilst the detail of the drill planning is continuing, the work programs for the drilling have recently been approved by the West Australian Government Department of Energy, Mines, Industry Regulation and Safety (DEMIRS) for all three of the Wiluna Uranium Project deposits. Toro has now notified and initiated communication with representatives for the native title groups at Lake Way and Centipede-Millipede, and Lake Maitland, for the planned drilling activities over the respective potential ore bodies. It should be noted that the pilot plant will be equipped to take at least 20 dry tonnes of potential ore through two campaigns of testing, both on the proposed beneficiation circuit and the proposed hydrometallurgical circuit.
Contact:
Richard
Tel: +61 8 9214 2100
About Toro
Toro Energy Limited (ASX:TOE) 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. The Wiluna Uranium Project consists of the Centipede-Millipede, Lake Maitland, Lake Way uranium deposits 30km to the south of the town of Wiluna in Western Australia's northern goldfields
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