Toro Energy Limited (ASX: TOE) has provided confirmation of the presence of further significant nickel sulphide deposits at the Dusty Nickel Project in Western Australia. Through geochemical assays, the company has verified the occurrence of massive nickel sulphides in the Dimma discovery drill holes, previously identified using handheld portable XRF devices.
Notably, diamond drill hole TED41 intersected a 4.31-meter section of massive nickel sulphide with grades of 1.16% nickel, 0.29% copper, and 0.386 g/t platinum and palladium from a depth of 243.33 meters. Similarly, TED42 encountered a 3.13-meter section of massive nickel sulphide grading 1.42% nickel, 0.17% copper, and 0.605 g/t platinum and palladium from a depth of 314 meters. These discoveries, including Dimma, Jumping Jack, Houli Dooley, represent the first findings of Komatiite-hosted massive nickel sulphides in the region and exploration efforts continue at greater depths.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com
Nov 21, 2024
Nov 21, 2024
Nov 21, 2024
Nov 21, 2024
Nov 21, 2024
Nov 21, 2024
Nov 21, 2024
Nov 21, 2024
Nov 20, 2024
Nov 20, 2024
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.