Block 12 Project, Sudan
About us
Since being formed in 2009 Toro Gold has established a portfolio of nine early to mid stage exploration projects across six countries - Senegal, Guinea, Mali, Gabon, Central African Republic and Sudan – covering some ~8,200km² of prospective exploration ground. Despite a large geographical footprint, the Company is targeting two broad geological environments: the prolific Birimian belts of West Africa and the under-explored Archaean granite-greenstone belts of Central Africa. In addition, Toro has gained an early entry in to Sudan where vast areas of highly prospective rocks of the Nubian Shield are at a very early stage in the exploration cycle.
The Company is pursuing a development strategy focussed on the acquisition of exploration projects with good geological potential that can be advanced through their development cycle via industry standard exploration, assessment and development methodologies.
The portfolio is being developed to provide investors with risk diversification on both a technical and jurisdictional basis, while adhering to the classic strategy of having a pipeline of projects at differing stages of development to provide near term and future growth opportunities.
Projects in the portfolio have been acquired through a combination of direct licence application and joint ventures with existing holders of exploration rights. In all cases the Company is the operator/manager of these projects. In West Africa the company is represented by Bambuk Minerals Ltd, Toro’s wholly owned subsidiary.
Outside of West Africa, the Company has sought to acquire large scale exploration licences that cover relatively untested but prospective geological terranes. This has naturally lead to emerging jurisdictions being considered which have a potentially higher political risk associated with them. With our centre of operations focussed in the more established exploration and mining jurisdictions of West Africa, the lower cost nature of early stage exploration in these emerging jurisdictions gives investors exposure to what could be excellent upside for relatively limited financial exposure.