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Toro Energy (ASX:TOE) completes rock chip sampling program at Yandal

Mining
ASX:TOE      MCAP $32.77M
08 July 2020 12:15 (AEDT)

Toro Energy (TOE) has completed the rock chip geochemical sampling program at the Golden Ways Target Area at the Yandal Gold Project in WA.

This program focused on multiple large gold-bearing quartz veins in the area, with the results aiming to aid in the upcoming reverse circulation (RC) drill program.

Even though the quartz veins are prospective for gold, they have only had limited historical drilling and have never been tested to full potential.

Previous high-grade results from Golden Ways include 65.6g/t gold, 2.06g/t gold, and 1.69g/t gold and they confirmed the potential for high-grade gold in the area.

Samples from this recently completed program have been sent to the laboratory for analysis, with results expected by the end of the month.

Once the results have been received, Toro will begin planning for the upcoming RC drill program.

Toro is up 5.26 per cent on the market and shares are trading for one cent each at 12:08 pm AEST.

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