Tolu Minerals Limited · ASX:TOK
Tolu Minerals — Non-Deal Roadshow (February 2024)
17 slides from Tolu Minerals's roadshow presentation, Feb 12, 2024
Slide 1: Europe/USA Roadshow Presentation
Tolu Minerals Limited PNG CR Company Camp, Baruni Road, National Capital District, Papua New Guinea Company Registration No.: 1-125888 Level 2, 52 Merivale Street, South Brisbane, QLD 4101, Australia www.toluminerals.com ARBN: 657 300 359 12 February 2024 Europe/USA Roadshow Presentation The Directo
Slide 2: Tolukuma Project
For personal use only ASX:TOK, OTCQX:TOLUF ARBN 657 300 359 1-125888 Tolukuma Project Iain Macpherson February 2024 This document is not a prospectus and does not contain all of the information that an investor may require in order to make an informed investment. All geological data presented in thi
Slide 3: Tolukuma Gold Mine: Papua New Guinea
Tolukuma Gold Mine: Papua New Guinea ➢ Straightforward logistics: ➢ Due North of Australia For personal use only ➢ On shipping lanes with good harbour facilities at Port Moresby and Lae ➢ Daily 3 hour flight between Brisbane and Port Moresby ➢ PNG is located on the Pacific Ring of Fire. It is host t
Slide 4: Tolukuma Gold Mine and Tolu's vision
Tolukuma Gold Mine ➢ Fully self-contained mine with 20 years’ high-grade gold & silver operating history – circa 1 moz produced at 15g/t Au recovered ➢ Significant Mineral Resource Estimate in place ➢ Huge exploration upside both on and adjacent to the mine and also on the broader Tolukuma Structure
Slide 5: Dominant footprint on the Tolukuma Structure
Tolukuma Structure – c. 1,500km2 Exploration Upside 7 exploration licenses on strike and parallel mineralised structures to Tolukuma gold mine Additional EL application underway and a number of further targets For personal use only Building a material mineral resource pipeline around Tolukuma Potent
Slide 6: Mineral Resource Estimate
Tolukuma Mineral Resource Estimate AMC reported an Inferred Mineral Resource as of 18 August 2022:1 ➢ 1.6 M tonnes @ 10 g/t Au and 38 g/t Ag For personal use only ➢ Contained metal 503 Koz Au and 1.9 Moz Ag ➢ Cut – off grade 3 g/t Domain Tonnes (t) Au (g/t) Ag (g/t) Au (oz) Ag (oz) Zine 488,000 9 43
Slide 7: Near Tolukuma Mine: Gold Prospects
Near Tolukuma Mine: Gold Prospects Based on the MRE tonnes and grades, extension of the Tolukuma vein system 2km to the SSE, grades of the Miliahamba prospect drilling, grades from drilling at Taula, Sisimonda and Kimono, grades and tonnage of the Saki Inferred Resource and trench sampling grades fr
Slide 8: Resource conversion
Tolukuma Project – Resource conversion Three main areas above the current water level have been identified as being most appropriate for the initial resource upgrade: ➢ Tinabar Top, +1563m RL: 16.87 g/t @ 5g/t cut off For personal use only ➢ Zine Top, +1563m RL: 13.16 g/t @ 5g/t cut off ➢ Gulbadi: 1
Slide 9: Gold Mine – Access Road
Tolukuma Gold Mine – Access Road ➢ Complete the remaining 23 km of the 70 km access road connecting the mine to the Tapini road and Port Moresby; ➢ Strong community and government support ➢ Work commenced in December after the completion of the IPO; For personal use only ➢ The contractor is an exper
Slide 10: Historical copper showings
Tolukuma Project – historical copper showings Tolu Minerals Ltd For personal use only Copper – for the future 9
Slide 11: Mt Penck
Mt Penck Epithermal gold/silver project on the prolific Kulu-Simi trend, adjacent to the coast with good logistics For personal use only ➢ +11,000 m drilling ➢ Aeromag and IP geophysical surveys ➢ Extensive trenching and pitting 3 priority targets identified within a broader 12km2 hydrothermal zone
Slide 12: OTC listing and capital raised
ASX:TOK, OTCQX:TOLUF For personal use only ➢ OTC listing, which: ➢ Tolu have raised circa AU$30 m: ➢ Broadens market exposure ➢ AU$11.3 pre-IPO @ AU$0.37 ➢ Increases US participation ➢ AU$17.3 IPO @ AU$0.50 ➢ Broadens shareholder base ➢ AU$2.2 – stock component of road contract on completion milesto
Slide 13: Contacts
Contacts For personal use only Iain Macpherson +27 76 238 4461, + 61 428 912 245, +675 7202 7320 MD & CEO iain.macpherson@toluminerals.com Vern Wills +61 418 912 664 Advisor vern.wills@enhance.net.au 12
Slide 14: Disclaimer and Important Information
Disclaimer and Important Information Important notice These presentation slides (the “Slides”) have been issued by Tolu Minerals Limited (the “Company” or “Tolu”) in relation to an update on activities by the Company. These Slides do not comprise an admission document, listing particulars or a prosp
Slide 15: Disclaimer and Important Information
Disclaimer and Important Information Investment risks All investments in securities are subject to known and unknown risks, including an investment in Tolu shares. Some of these risks are beyond the control of Tolu and its directors and officers, and Tolu does not guarantee any particular rate of re
Slide 16: Disclaimer and Important Information
Disclaimer and Important Information Disclaimer To the maximum extent permitted by law, the Company each of its respective related bodies corporate, shareholders and affiliates, and each of their respective officers, directors, partners, employees, representatives, affiliates, agents, consultants an
Slide 17: Disclaimer and Important Information
Disclaimer and Important Information Competent Persons Statement The information in this presentation that relates to Exploration Results, Mineral Resources and Ore Reserves were last reported by the Company in compliance with the 2012 Edition of the JORC Australasian Code for Reporting of Explorati