Tolu Minerals begins geophysical survey in hunt for gold and copper

Proactive - Interviews for investors

Tolu Minerals Ltd (ASX: TOK) managing director and CEO Iain Macpherson joins Jonathan Jackson in the Proactive studio to discuss the start of an airborne mobile Magneto Telluric (MT) survey program over its Papua New Guinea (PNG) gold, silver and base metal projects, starting with the Tolukuma Mining Lease. The survey, conducted by Expert Geophysics Limited (EGL), aims to provide electrical resistivity imaging to a depth of 1 kilometre and near-surface conductivity information to define geological structures related to mineralisation. The Tolukuma survey will cover 2,500 square kilometres, followed by a 200 square kilometre survey over nearby Ipi River EL2780. EGL will then survey the Mt Penck EL 2662 on New Britain, covering 185 square kilometres. The program will assist in identifying new geophysical targets, enhancing Tolu Minerals' database of technical information. Resistivity data from the airborne MT will be modelled to guide drill targets' depth and location. Tolu expects to interpret new targets requiring ongoing geological mapping, sampling and drill testing. Macpherson expressed satisfaction with the survey's commencement, highlighting its role in defining new gold and copper targets and informing the company's evolving exploration strategy. Preliminary data updates will be provided as the survey progresses. #ProactiveInvestors #ToluMinerals #ASX #GoldExploration, #PapuaNewGuinea, #AirborneSurvey, #Geophysics, #Mineralisation, #Tolukuma, #BaseMetals, #SilverExploration, #ExpertGeophysics, #MiningNews, #CopperTargets, #ExplorationStrategy, #MTSurvey, #NewTargets, #GeologicalMapping, #DrillTesting, #MineralProjects, #TechnicalData, #MiningIndustry #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews