02/05/2024 - 12:29

Booming uranium price prompts Toro expansion at WA play

02/05/2024 - 12:29


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A surging uranium price has led Toro Energy to re-evaluate the mineral resource of its Dawson Hinkler deposit in Western Australia, leading to a 115 per cent increase in the site’s contained uranium oxide. Management says the market supports a lower cutoff grade for the deposit’s economics, allowing it to lift its resource from 9.44 million pounds of uranium oxide up to 20.29 million pounds.

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