FinTech

Toro Energy: Completes RC drilling at Golden Ways

  • Toro Energy (TOE) has completed reverse circulation (RC) drilling at the Golden Ways Target Area within the Yandal Gold Project in WA
  • All up, 2416 metres drilled, which is more than the 2000 metres originally planned
  • This extra drilling completed due to efficiencies in the field, which allowed for more targets to tested on Toro’s budget
  • Drilling tested two main outcropping quartz veins that were recently subject to a thorough rock chip sampling program
  • Drill chip samples have chosen for geochemical analysis and sent to the laboratory for assay with results expected in October
  • Toro is up 8.33 per cent in early morning trade, worth 1.3 cents each
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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