Tolu Minerals Limited · ASX:TOK
Tolu Minerals — Shareholder Meeting (May 2026)
17 slides from Tolu Minerals's shareholder meeting presentation, May 29, 2026
Slide 1: Annual General Meeting Presentation
Tolu Minerals Limited PNG CR Company Camp, Baruni Road, National Capital District, Papua New Guinea Company Registration No.: 1-125888 Unit 3, 180 Main Street, Kangaroo Point, QLD 4169, Australia ARBN: 657 300 359 www.toluminerals.com ASX:TOK ASX Announcement 29 May 2026 Annual General Meeting Prese
Slide 2: Tolu Minerals – AGM Presentation
ASX:TOK ARBN 657 300 359 Tolu Minerals – AGM Presentation Chris Muller Managing Director & CEO 29 May, 2026
Slide 3: Important Notices and Disclaimers
Important Notices and Disclaimers ASX LISTING RULES DISCLOSURES DISCLAIMER AND FORWARD-LOOKING STATEMENTS This presentation contains information regarding the exploration results and, where applicable, Mineral Tolu Minerals Limited has prepared this presentation based on information available to it
Slide 4: Tolu Minerals Highlights
Tolu Minerals Highlights Underground ore drive mining successfully restarted at Tolukuma, with early face sampling delivering exceptional grade indications and supporting renewed production momentum Outstanding new high-grade discovery at Fundoot confirms significant near-mine growth potential,
Slide 5: Papua New Guinea: A World-Class Gold-Copper Investment Jurisdiction
Papua New Guinea: A World-Class Gold-Copper Investment Jurisdiction Papua New Guinea – Exceptional Geological Endowment, Significant Growth Opportunity Papua New Guinea hosts some of the world’s most exceptional gold and copper systems, including several globally recognised Tier 1 mineral deposits
Slide 6: Tolukuma holdings – c. 2,226km2 Exploration Upside
Tolukuma holdings – c. 2,226km2 Exploration Upside Existing Tenure: 1,264.25 km2 Application: 961.51 km2 ML104 gold mine Tolukuma Structure Mt Penck and Ipi River Mineralisation styles: High grade, low sulphidation Au/Ag High sulphidation Au/Cu Porphyry Cu/Au 5
Slide 7: Drilling results - Fundoot Splay Discovery
Drilling results - Fundoot Splay Discovery Attributes Fundoot Splay represents a newly recognised high-grade mineralised hanging wall structure Located adjacent to the established Fundoot vein system Discovery confirms robust new high-grade mineralisation Multiple additional recent intersect
Slide 8: Drilling results - Fundoot Splay Discovery (continued)
Drilling results - Fundoot Splay Discovery (continued) Outstanding new high-grade drilling result at Fundoot returns 4.67m grading 42.76 g/t Au, including 1.3m at 82.8 g/t Au, confirming a newly identified high-grade hanging wall structure (“Fundoot Splay”) 7
Slide 9: Drilling results - Gulbadi Splay Opportunity
Drilling results - Gulbadi Splay Opportunity Attributes Gulbadi Splay has been identified through reinterpretation of historical geological datasets Represents a compelling newly recognised near-mine mineralised corridor, located adjacent to historical shallow mining activity Supported by hist
Slide 10: Drilling results - Gulbadi Splay Opportunity (continued)
Drilling results - Gulbadi Splay Opportunity (continued) Projection of the interpreted mineralisation down dip and along strike reveals a compelling exploration target, supported by several historical anomalous drill intersections, including results of up to 2.0 metres grading 23.5 g/t Au 9
Slide 11: Multi-Front Drilling Momentum
Multi-Front Drilling Momentum Drilling activities Multiple drilling fronts are now active across the Tolukuma mining environment Seven rigs in operation, with an eighth to join the fleet in Q3 2026 Current priority areas include Fundoot, Gulbadi, Gufinis and Zine Programs are targeting both
Slide 12: Large-Scale Systematic Growth Campaign
Large-Scale Systematic Growth Campaign Drilling activities Tolu has commenced a 75,000+ metre drilling campaign across the Tolukuma system Program designed to systematically expand Mineral Resources,with a major focus on improving resource confidence classifications Near-mine drilling targetin
Slide 13: District-Scale Exploration Upside
District-Scale Exploration Upside Regional targets Numerous anomalies extend beyond currently active drilling areas Geological interpretation suggests multiple additional mineralised structures possible Surface geochemistry significantly enhances future targeting capability Follow-up work wi
Slide 14: Underground Mining – Ore Drive Development
Underground Mining – Ore Drive Development Mining Underground ore development has successfully commenced on the Tolukuma lode Mining activities are currently focused on the 1560 Level, with approximately 25 metres of ore development completed to date Initial face sampling from the first mining
Slide 15: Tolukuma Gold Mine – Parallel Development
Tolukuma Gold Mine – Parallel Development Surface geochemistry (Mining Lease ML104) Within mine environment drilling (ML104) Near mine drilling (ML104) Regional exploration drilling Dewatering (pumping) Geochemistry program Inferred Resource + Inferred Resource + Inferred Resource + completed Maiden
Slide 16: Summary
Summary Strategic Value Drivers Underground mining successfully recommenced, establishing renewed production momentum at Tolukuma Exceptional early face sampling reinforces confidence in Tolukuma’s high-grade orebody Major new high-grade Fundoot discovery materially strengthens near-term growt
Slide 17: Contacts
Contacts Chris Muller MD & CEO +61 400 479 848 +675 7666 7742 chris.muller@toluminerals.com Vern Wills Strategic Corporate Advisor +61 418 912 664 vern.wills@enhance.net.au 16