Australian listed uranium developer, Toro Energy (ASX: TOE), has stepped up development of the company's Wiluna project in Western Australia with new appointment of key executives.
Wiluna project, comprising two nearby deposits, Centipede and Lake Way in central WA has a current total resource of 20.21 million tonnes at 548 ppm (0.055%) U3O8.
A Bankable Feasibility Study is due for completion in 2011.
A recently completed optimisation study indicated robust project economics at Wiluna.
The company has appointed a three-member project management team under the overall supervision of Managing Director, Greg Hall, to progress Wiluna to commercial production from 2012.
The new team consists of Technical Director, Dayle Kenny, a mining engineer with more than 30 years’ experience, including 15 years in the uranium industry in Australia (including Ranger Uranium mine) and Africa; Project Director, Richard Dossor, an experienced engineer and project manager with 35 years in Australia’s resources industry and approvals and Community Director, Richard Yeeles, who was chief of staff to the South Australian premier and ex-BHP Billiton corporate affairs manager.
Managing director Greg Hall said that in putting together this very experienced uranium management team, the company recognises the importance of ensuring a professional approach to development of the Wiluna project, within the WA and Federal Government guidelines. And to be in line with community expectations for safe and sustainable project operation.