Toro Energy Limited (ASX: TOE) is in final preparations for the next phase of drilling and exploration activities on its 100% owned Dusty Nickel Project located in the Yandal Greenstone Belt in Western Australia.
An exploration team has mobilised to site and drilling is expected to commence soon, depending on access to site as a result of recent adverse weather conditions.
Drilling will consist of a combination of mud-rotary and diamond techniques and will be focused on the magnetic trend associated with the massive nickel sulphides intersected at the Dusty nickel discovery in the 2020 drilling campaign.
Toro aims to complete the 600m remaining from the 2020 drilling campaign and then move on to the initial phase of the 2021 programme, which will include at least 2,000 metres of mud rotary/diamond drilling.
The massive nickel sulphides discovered at Dusty were first confirmed with drill hole TED03, the first diamond drill hole to target nickel in mid-2020, followed by the first significant intersection approximately 40m south along strike on the Dusty magnetic trend in diamond drill hole TED04.
Significant intersections to date include:
TED04:
- 2.6m at 3.45% Nickel, 0.18% copper, 0.15% cobalt, and 0.388g/t platinum and palladium from 184.5m.
TED07:
- 9m at 2.07% Ni from 250.9m including:
- 2.0m at 4.01% nickel, 0.27% copper, 0.13% cobalt and 0.45 g/t platinum and palladium from 250.9m; and
- 2.0m at 3.85% nickel, 0.41% copper, 0.13% cobalt and 0.45 g/t platinum and palladium from 255.5m.