Tolu Minerals Presentation at Mining Forum Americas
Key points
- Tolukuma gold-silver mine ready for production restart in Q1 2027
- Completed access road cuts logistics costs by over 75%
- Discovered new high-grade structures near existing infrastructure
- Exploration targets beyond the mine site with potential for growth
Full summary
Tolu Minerals Limited, through its fully permitted Tolukuma gold-silver mine, is set to restart production in early 2027. The company has completed an access road reducing logistics costs by over 75%. The mine, which produced around 1 Moz of gold between 1995 and 2015, has identified new high-grade structures near existing infrastructure. Tolu Minerals has also discovered new high-grade intercepts, such as Gulbadi Red with 3.2 meters at 70.8 g/t Au. Exploration targets beyond the mine site, including the Mt Penck and Ipi River projects, offer potential for further growth.
Guidance
Production targeted Q1 2027
Outlook
Tolu Minerals anticipates a staged ramp-up to full-rate production in H1 2028.
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