Tolu Minerals Ltd (ASX:TOK) CEO Iain Macpherson talks with Proactive’s Tylah Tully about the company’s progress and strategic initiatives at the Tolukuma Gold Mine in Papua New Guinea.
Macpherson discussed the commissioning of a new modular gravity circuit plant designed to streamline production and reduce operational costs.
He also highlighted improvements to road infrastructure, including rerouting efforts to ensure stability and better access to the mine.
A notable update was the appointment of Chris Muller as executive group geologist. Macpherson emphasised Muller’s extensive experience in gold resource growth, which will enhance the company’s exploration strategies.
Muller’s track record includes discoveries of multi-million-ounce gold deposits and his addition underscores Tolu Minerals’ focus on accelerating resource growth.
Macpherson also shared updates on the company’s hydroelectric power station plans and exploration priorities.
Leveraging data from recent airborne surveys, Tolu Minerals aims to expand its current resource estimate of 2-3 million ounces while optimising …