Tolu Minerals Expands Exploration Footprint with New Copper-Gold Targets at Mt. Penck

An update from Tolu Minerals Limited ( (AU:TOK) ) is now available.

Tolu Minerals Limited has announced significant findings from its Airborne Magneto Telluric (MT) survey at the Mt. Penck Project in Papua New Guinea, identifying eight new porphyry copper-gold targets. The results have prompted Tolu to apply for an additional exploration license, potentially tripling its exploration area, thereby enhancing its strategic positioning in the region and underscoring the project’s potential as part of a larger district of valuable mineral targets.

More about Tolu Minerals Limited

Tolu Minerals Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily involved in the exploration of gold and copper-gold deposits, with a significant market focus on expanding its exploration footprint in Papua New Guinea.

YTD Price Performance: 12.20%

Average Trading Volume: 64,516

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$151.9M

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