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Tolu Minerals Limited ( (AU:TOK) ) has issued an announcement.
Tolu Minerals Limited has successfully completed a high-precision airborne LiDAR survey over the Tolukuma prospects, marking a significant advancement in their exploration and infrastructure planning efforts. This survey, which provides sub-10 cm accuracy, will enhance the precision of geological models and aid in identifying high-priority drill targets, thereby supporting the company’s strategic objectives of resource expansion and mine development. The integration of this cutting-edge geospatial technology positions Tolu Minerals to efficiently advance their near-mine drilling program, ultimately delivering high-value outcomes for stakeholders and investors.
More about Tolu Minerals Limited
Tolu Minerals Limited operates in the mining industry, focusing on mineral exploration and development. The company is engaged in the extraction and expansion of mineral resources, particularly gold-bearing quartz veins, within the Tolukuma corridor in Papua New Guinea.
Average Trading Volume: 44,385
Technical Sentiment Signal: Buy
Current Market Cap: A$226.3M
For a thorough assessment of TOK stock, go to TipRanks’ Stock Analysis page.