Toro Energy (ASX: TOE) has established promising results from gamma probe results which expand the Theseus Uranium prospect in Western Australia with the aerial size now defined over an 8 square kilometre area.
Significantly, this aerial extent is bigger than the combined footprint of comparable systems such as the various deposits of the Frome embayment in South Australia the mineralisation trend leftovers open in all directions except to the northwest.
Greg Hall, Toro managing director, said “the elevated grade gamma results from LP194 and LP200 are highly encouraging with greater than 1500GT results providing an near the beginning indication of potential economic grades of mineralisation in an in-situ recovery scenario, "It is early days and we are yet to undertake stream tests or other key tests however, the necessary geological building blocks appear to be in place."
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