Tolu Minerals

Tolu Minerals (Tolu) aspires to become a leading gold, copper and silver producer in PNG whilst adopting leading environmental standards and enhancing the lives of employees, local communities and PNG nationals. Tolu has successfully completed the 100% acquisition and registration of the Tolukuma Gold Mine in PNG (Tolukuma) along with its associated assets and mine infrastructure and five exploration permits surrounding Tolukuma. Tolu has also secured binding rights to acquire additional acreage (and application rights) with immediate gold resource additions through its acquisition of Frontier Copper PNG Ltd, a wholly owned subsidiary of ASX-listed Lanthanein Resources Limited. Tolu Minerals Limited has the exploration license (EL 2723), known as Etasi Prospect in the Tolukuma area as well. Tolu has a clear strategy to restart Tolukuma before the end of 2023 and subsequently to leverage the wider Tolukuma area resource and infrastructure into a large, world-class gold mining proje...