TORO Energy has commenced drilling program at its 100%-owned Lake Mackay uranium project in Western Australia.
The South Australian uranium company says the area has not been previously explored.
A number of gravity and magnetic bodies have been defined at Lake Mackay, that are consistent with the geology of known Iron-Oxide Copper Gold Uranium (IOCGU) deposits in South Australia.
The company said a 7,500m first-pass regional aircore program will test for large calcrete hosted and IOCGU systems.
The Western Australian Government is supporting Toro’s Lake Mackay program through a grant of up to $75,000 for the drilling of two Reverse Circulation (RC) and diamond core drill holes to test these targets.
Drilling at Lake Mackay will continue through September and October with results expected by the end of 2009.
Add a comment