STRATEGIC

INVESTMENTS

Tolu Minerals Limited, Papua New Guinea

  • Strategic minority investment ahead of intended ASX IPO

  • Emerging gold company with assets in highly productive New Guinea Metallogenic Belt

  • Restart plan underway at historically-producing Tolukuma gold project which produced + 800 Koz Au and 2.4 Moz Ag at a recovered grade of 15g/t Au

    • Fully permitted, near-term cash flow opportunity

    • Resources currently ~ 500 Koz, but massive resource potential

  • Additional exploration licenses on parallel mineralised structures to Tolukuma

 

Australasian Metals Limited, Australia

  • 2,750,000 shares in Australasian Metals Limited (ASX: AS8) following IronRidge Resources’ (now Atlantic Lithium Limited) sale of the May Queen gold exploration project in South East Queensland

  • Sale of the May Queen gold exploration project in South East Queensland

    • Company secured prospective Australian Lithium and gold portfolio including:

    • Mt Peake Lithium Project, Northern Territory; same field that hosts Core Lithium Finnis Project

    • Barrow Creek Lithium Project

    • Mt Clermont Gold Project

    • Capella Gold Project