Toro Resources Corp.

Toro Resources Corp.

August 25, 2011 09:15 ET

Toro Resources Granted Permit for 27 Drill Sites

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 25, 2011) - Toro Resources Corp. (TSX VENTURE:TRK) ("Toro" or "the Company") is pleased to report that the US Forest Service's Tonto National Forest has issued a permit which will allow the Company to conduct an exploration drilling program at their Morgan Peak Copper Project in Arizona. The permit allows Toro to drill-test the southern and eastern portions of the project area with 27 drill sites under a Plan of Operations. The Company intends to carry out the program of core drilling, totaling approximately 3,000 metres, to test the thickness and depth of the copper mineralization. The Company is currently negotiating a drill contract and intends to mobilize the drill within the next 60 days.

William Galine, President of Toro, states that, "We designed this drill program to have minimal environmental impact while providing the company with a thorough test of the project. Based on past work and Toro's recent studies, we believe that if the Company has exploration success then development of this project could substantially boost the local economy."

About Toro Resources Corp.

The Morgan Peak Copper project is located within the Globe-Miami mining district within 8 kilometres (5 miles) of Quadra-FNX's Carlota Mine, BHP's Pinto Valley Mine and Freeport-McMoRan Copper and Gold's Miami Mine complex and just 12.8 kilometres (8 miles) east of Resolution Copper's (55% Rio Tinto and 45% BHP) deep porphyry copper mine. The Morgan Peak project has been explored since the late 1940s by numerous groups including Consolidated Copper, Kerr-McGee, Exxon (Humble Minerals), Phelps Dodge, and most recently American Copper Corporation.

Historic drilling has identified copper as copper oxide and chalcocite occurring as a shallow "blanket" of mineralization within the project boundaries. The zone of mineralization is an area roughly 1,500 metres wide by 3,600 metres long extending in an easterly direction throughout the property. Past drilling includes over 70 holes ranging from 120 metre spacings in the northwestern portion to over 1,000 metre spacings in the eastern portion of the property. The 27 permitted sites are interspersed between historic holes within the south and central portions of the project area. These sites are designed to further define the mineralized "blanket" encountered in previous drilling and provide a sense of continuity.

Toro's disclosure of a technical or scientific nature in this press release has been reviewed and approved by Bernie Stannus P. Eng, Toro's vice-president of exploration, who serves as a qualified person under the definition of National Instrument 43-101.

Toro Resources Corp. (TSX VENTURE:TRK) is a publicly held Canadian exploration company focused on acquiring, exploring and developing mineral properties located in favourable geo-political areas. The Company is led by a highly skilled and experienced board and has a management team that has had significant success in managing early stage mineral exploration companies.


William Galine, President & Director

This news release may contain forward-looking statements which include, but are not limited to, comments that involve future events and conditions, which are subject to various risks and uncertainties. Except for statements of historical facts, comments that address resource potential, upcoming work programs, geological interpretations, receipt and security of mineral property titles, availability of funds, uncertainties of resource and reserve estimations, and others are forward-looking. Forward-looking statements are not guarantees of future performance and actual results may vary materially from those statements. Fluctuations in metals prices, availability of financing, and general business conditions are all factors that could cause actual results to vary materially from forward-looking statements.

Issued Share Capital: 23,148,636


The TSX Venture Exchange has neither approved nor disapproved the contents of this press release.

Contact Information