Australia's Toro Energy jumps on nickel hits at Western Australia project

Toro Energy

25/07/2022 03:22

** Shares of nickel and uranium exploration company Toro
Energy Ltd  TOE.AX  rise as much as 6.7% to A$0.016, highest
since June 16
    ** Company says it has intersected "massive and
semi-massive" nickel sulphides at the Jumping Jack nickel
sulphide discovery within its Dusty Nickel project in Western
Australia  urn:newsml:reuters.com:*:nASX9HHrkR
    ** Says intersection indicates additional nickel sulphide
mineralisation could be present at Jumping Jack
    ** Company's shares down 31.8% YTD, as of last close

 (Reporting by Riya Sharma in Bengaluru)