Australia's Toro Energy climbs on nickel sulphide find at project

Toro Energy

16/12/2021 03:39

** Shares of Toro Energy  TOE.AX  rise as much as 13.6% to
A$0.025, set for best day since Nov 4
    ** Uranium explorer says it has intersected massive nickel
sulphides at the Dusty 1 region within its Dusty Nickel Project
in Western Australia  urn:newsml:reuters.com:*:nASX3pqtbR
    ** Says the recently completed diamond drilling program at
the project has intersected a 5.8 metre zone of visible nickel
sulphides from 186 metres downhole in drill hole TED22
    ** Co adds that drill hole TED21 intersected 3.7 metres of
visible nickel sulphides from 186 metres
    ** Says geochemical sampling of TED21 and TED22 is underway
and assay results will be announced once they are returned
    ** Stock up 46.7% YTD, as of last close 
    


 (Reporting by Riya Sharma in Bengaluru)
 ((Riya.Sharma@thomsonreuters.com;))