Toro Energy (ASX:TOE) reports diamond drillhole TED55 intersected about 2m of continuous massive nickel-sulphide mineralisation from 147.2 downhole at the Dimma Nickel Discovery within the Dusty Nickel Project in Western Australia.
The company says hand-held spot analyses by portable XRF (hh-pXRF) of the core implies local nickel grades potentially range between 1.5% and 3.4% Ni.
Toro adds the intersection extends the massive nickel sulphide mineralisation at Dimma towards the surface, and the drilling suggests it extends continuously over some 160m of down-dip extensions from 147.2 downhole in drillhole TED55 to 314.7m downhole in drillhole TED42.
Commenting on this latest intersection, Toro Energy Executive Chairman Richard Homsany says: “The Dimma discovery is shaping up to be something of potential significance, with 5 holes drilled and 5 intersections of massive and semi-massive nickel-sulphide so far intersected.
Although we await laboratory geochemistry, the hand-held portable XRF spot analyses suggest all 5 intersections of massive Ni-sulphide at Dimma are high-grade.
“We are enthusiastic about our exciting nickel discoveries, which are near the uranium deposits of our world-class Wiluna Uranium Project”
We are enthusiastic about our exciting nickel discoveries, which are near the uranium deposits of our world-class Wiluna Uranium Project. We look forward to reporting further assays from our Dusty Nickel Project in the near term.”.
Toro reports the massive Ni-sulphides in TED55 are geologically associated with the base of the Dusty Komatiite consistent with the other 4 drillholes at Dimma, alongside the other intersections of massive Ni-sulphide within the Dusty Komatiite to date.
The Dimma discovery is located 400m to the south-south-east of the recent Jumping Jack discovery, along strike of the Dusty Komatiite. Dimma is 1 of 4 massive and semi-massive nickel-sulphide discoveries at the company’s wholly owned Dusty Nickel Project.
Toro Energy is an ASX-listed uranium development and exploration company. The company’s portfolio of assets is located in Western Australia, and its tenure is also prospective for gold and base metals.
Images: Toro Energy Ltd
