Combined Annual Technical Report for period 5 March 2011 to 4 March 2012 EL 26704 Ingellina Gap, EL 26848 Walabanba, EL 27115 Anningie, EL 27876 Englands Well

Abstract

During 2011, Toro completed a 14 hole, aircore program testing airborne EM defined, palaeochannels with limited success. Although reduced and oxidized sands to 200m were intersected, no uranium radiometric or assay anomalies are reported. No exploration is proposed for 2012 and this group of tenements is considered low priority for Toro. Toro are currently pursuing JV opportunities over the project area.