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Perth, Nov 30, 2011 (ABN Newswire) - Toro Energy Limited (
ASX:TOE) is pleased to provide the following update on its current assessment and approval process for the Wiluna Uranium Project in WA.
The Wiluna Project Environmental Review and Management Programme (ERMP) was approved by the WA EPA for release to the public on 25 July 2011 for 14 weeks. The closing date of submissions was 31 October 2011.
Forty eight (48) submissions were received from the public and WA and Federal Government agencies.
The Wiluna Project team is now working on the responses and any additional information required for the final ERMP submission which we anticipate will be by mid December 2011.
Subject to Government assessment processes and decisions, Toro anticipates a final Government decision on the Project around mid-2012.
ASX:TOE) is pleased to provide the following update on its current assessment and approval process for the Wiluna Uranium Project in WA.The Wiluna Project Environmental Review and Management Programme (ERMP) was approved by the WA EPA for release to the public on 25 July 2011 for 14 weeks. The closing date of submissions was 31 October 2011.
Forty eight (48) submissions were received from the public and WA and Federal Government agencies.
The Wiluna Project team is now working on the responses and any additional information required for the final ERMP submission which we anticipate will be by mid December 2011.
Subject to Government assessment processes and decisions, Toro anticipates a final Government decision on the Project around mid-2012.
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About Toro Energy Limited
Toro Energy is a modern Australian uranium company with progressive project development, acquisition and growth. The company is based in Adelaide, South Australia with a project office in Perth, Western Australia.
Toro’s flagship and wholly-owned Wiluna uranium project (includes existing mining lease) is 30 kilometres southeast of Wiluna in Central Western Australia.
Wiluna contains two shallow calcrete deposits, Lake Way and Centipede, with prefeasibility and optimisation studies completed and a definitive feasibility study underway. Toro has advanced the Approvals process with an anticipated date of mid-2012, construction through 2013 and first uranium sales in 2014.
Toro has a new uranium project at Theseus in Western Australia, and owns uranium assets in Northern Territory, South Australia and in Namibia, Africa.
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