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Toro Energy, Quarterly Activities Report for Period Ending 30 June 2017

Highlights

- Federal environmental approval received for Extension to Wiluna Uranium Project subsequent to quarter end.

- Federal and State government environmental approvals in place for mining uranium at the Centipede, Lake Way, Millipede and Lake Maitland deposits, the construction of a processing facility and all mine and processing related infrastructure, tailings storage facilities and finished product transport to port (‘Wiluna Uranium Project’).

- WA State Government has confirmed it will not prevent the development of the Wiluna Uranium Project.

- Expanded beneficiation research programs initiated.

- Cash balance at end of the quarter was $6.63M.


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