Some of the highest grades of uranium mineralisation intersections were recorded at Wiluna project, which is located 30kms southeast of Wiluna in Central Western Australia, with peaks up to 1.14% eU3O8.
The drill program involved a total of 435 holes for 8,106m.
The company intercepted highest grades in Millipede hole WAC0200: 1.84m @ 2,345ppm eU3O8 (average) from 1.3m depth; max 11,420ppm eU3O8 as well as Lake Way hole WS023: 2.5m @ 2,449ppm U3O8 (average) from 5.0m depth; max 6,072ppm U3O8.
Toro managing director Dr Vanessa Guthrie said:, "Toro is also very encouraged by the discovery of further uranium mineralisation at depth below the current resources, as these findings support our geological model and understanding of the provenance of these deposits."
As part of a revised resource estimate, the results are being analyzed for the Wiluna project with the new estimate likely to be released late September 2013.
