https://www.engineeringnews.co.za

Toro boosts uranium resources with Dawson Hinkler deposit expansion

2nd May 2024

By: Mariaan Webb

Creamer Media Contract Publishing Editor

     

Font size: - +

Uranium project developer Toro Energy has expanded the stated resources at the Dawson Hinkler deposit by reducing the resource cutoff grade from 200 parts per million (ppm) to 100 ppm uranium oxide.

As a result, the Dawson Hinkler deposit’s stated resource increased by about 115% to 20.29-million pounds contained and the average stated grade has decreased by 186 ppm, from 315 ppm.

The new stated resource is 44% indicated and 56% inferred.

“This is a considerable advancement for Toro, as the ability to now consider the inclusion of the Dawson Hinkler uranium deposit in the production profile of Toro’s Wiluna uranium project will significantly strengthen our pending feasibility study," said Toro chairperson Richard Homsany.

Located only 15 km from Wiluna, the deposit has the potential to further enhance the potential returns at Toro's flagship project.

The decision to reduce the cutoff grade is in response to an improving uranium market. Spot prices raced past $100/lb in January.

Edited by Creamer Media Reporter

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

EKATO Africa
EKATO Africa

Established in 1933, EKATO is the world leader in agitation technology, supplying agitators for processes and applications such as chemicals and...

VISIT SHOWROOM 
SABAT
SABAT

From batteries for boats and jet skis, to batteries for cars and quad bikes, SABAT Batteries has positioned itself as the lifestyle battery of...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







301

sq:0.046 0.336s - 140pq - 2rq
Subscribe Now