Tolukuma Structure

Exploration Upside

A dominant landholding on the high potential Tolukuma epithermal structure.

Tolu currently hold six exploration licenses on strike and parallel mineralised structures adjacent Tolukuma gold mine

Tolu has also agreed binding terms to acquire Lanthanein Resources Limited’s PNG assets including EL 2531

Tolu has additional EL applications underway

Tolu is building a material mineral resource pipeline around Tolukuma

Targeting a major discovery on identified mineralised structures as well as entirely new parallel structures.

Immediate Next Steps

Complete the acquisition of the Lanthanein PNG tenements

Review historical exploration to prioritise targets

Recommence exploration, including mapping, geophysical and geochemical exploration and drilling on known and identified targets

Definition of new large gold zones

Pinpoint prospective targets including porphyrys for further exploration

Tolukuma Structure – Saki maiden Mineral Resource

On 28 February 2022 Lanthanein Resources Ltd (formerly Frontier Resources Ltd) released a maiden Inferred Mineral Resource on the Saki prospect of 2 M tonnes @ 2.0 g/t for 128,000 oz Au Saki forms part of the Saki-Yava gold system within a large mineralisation envelope providing potential to expand the resource Lanthanein also reported selected trench sample results on the Saki III vein:

1m @ 128.5 g/t Au + 94 g/t Ag

3m @ 40.28 g/t Au + 27.92 g/t Ag, including 1m @ 115 g/t Au + 54.1 g/t Ag

Tolukuma Project – near mine copper exploration targets

In addition to the well defined epithermal gold/silver potential, the Tolukuma structure also affords the opportunity for substantial copper discoveries. Regional exploration will benefit from the application of the latest generation Airborne Mobile MT geophysics to better define structure and anomalies including porphyries.