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Tolu Minerals Secures A$26.7M to Boost Tolukuma Gold Mine Exploration and Redevelopment
MP3•Maison d'episode
Manage episode 447622199 series 2891889
Contenu fourni par Proactive Investors. Tout le contenu du podcast, y compris les épisodes, les graphiques et les descriptions de podcast, est téléchargé et fourni directement par Proactive Investors ou son partenaire de plateforme de podcast. Si vous pensez que quelqu'un utilise votre œuvre protégée sans votre autorisation, vous pouvez suivre le processus décrit ici https://fr.player.fm/legal.
Tolu Minerals CEO Iain Macpherson joined Steve Darling from Proactive to share news that the company has successfully raised A$26.7 million through a heavily backed placement, with strong demand from both new and existing institutional and sophisticated investors, domestically and internationally. This funding will enable Tolu Minerals to advance exploration at the Tolukuma Gold Mine, supporting redevelopment efforts, including study work, mine development, and dewatering. Macpherson also provided insights into preliminary findings from Phase 1 of the company’s Airborne Mobile Magneto Telluric (MT) survey, covering 723 km², including ML 104 and surrounding exploration licenses. Results reveal advanced copper-gold porphyry and gold epithermal targets primed for drill testing. Within ML 104, a significant conductivity anomaly demonstrates mineralization continuity extending over 2 km south of the mine site. Additionally, the Belavista target, located approximately 10 km west of Tolukuma, shows historical samples with high-grade readings, suggesting promising porphyry mineralization. These findings mark a pivotal moment for Tolu Minerals, as newly identified mineralized areas around Tolukuma are prepared for immediate drill testing. #proactiveinvestors #tolumineralslimited #asx #tok #GoldMining #Exploration #MiningInvestment #PapuaNewGuinea #ResourceDevelopment #IainMacpherson #ProactiveInvestors #MiningUpdates #GoldProduction #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
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613 episodes
MP3•Maison d'episode
Manage episode 447622199 series 2891889
Contenu fourni par Proactive Investors. Tout le contenu du podcast, y compris les épisodes, les graphiques et les descriptions de podcast, est téléchargé et fourni directement par Proactive Investors ou son partenaire de plateforme de podcast. Si vous pensez que quelqu'un utilise votre œuvre protégée sans votre autorisation, vous pouvez suivre le processus décrit ici https://fr.player.fm/legal.
Tolu Minerals CEO Iain Macpherson joined Steve Darling from Proactive to share news that the company has successfully raised A$26.7 million through a heavily backed placement, with strong demand from both new and existing institutional and sophisticated investors, domestically and internationally. This funding will enable Tolu Minerals to advance exploration at the Tolukuma Gold Mine, supporting redevelopment efforts, including study work, mine development, and dewatering. Macpherson also provided insights into preliminary findings from Phase 1 of the company’s Airborne Mobile Magneto Telluric (MT) survey, covering 723 km², including ML 104 and surrounding exploration licenses. Results reveal advanced copper-gold porphyry and gold epithermal targets primed for drill testing. Within ML 104, a significant conductivity anomaly demonstrates mineralization continuity extending over 2 km south of the mine site. Additionally, the Belavista target, located approximately 10 km west of Tolukuma, shows historical samples with high-grade readings, suggesting promising porphyry mineralization. These findings mark a pivotal moment for Tolu Minerals, as newly identified mineralized areas around Tolukuma are prepared for immediate drill testing. #proactiveinvestors #tolumineralslimited #asx #tok #GoldMining #Exploration #MiningInvestment #PapuaNewGuinea #ResourceDevelopment #IainMacpherson #ProactiveInvestors #MiningUpdates #GoldProduction #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
…
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613 episodes
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