Tolukuma (EL2531)

The Tolukuma Project covers covers 441.72 sq.km located 70km North of the Capital Port Moresby and accessible by air or walking trail. The nearest all weather road is to Kubuna, 20km west of the tenement which runs along the south coast to the National capital Port Moresby. Fane and Woitape airstrips have proven useful for heavier cargoes.
Frontier’s tenement totally surrounds, but excludes, the Tolukuma gold Mining Lease ML104 and the start-up and development infrastructure at the mine makes Frontier’s tenement highly prospective for gold deposits. The Tolukuma gold mine contains high grade, narrow epithermal veins with a long history of having its gold reserves continuously extended.
In 1989 Newmont Pty Ltd explored outside the then known Tolukuma resource further to the east of the current mining lease ML104 and within the now Frontier owned EL2531. Their rationale was to define additional resources and the subsequent favourable effect on the economics of the Tolukuma resource. Trenching and outcrop rock sampling was conducted over newly located veins at Saki, Kimono and Soju-Sindove.
The most significant results were:

  1. Saki Vein: 5.4m at 8.7 g/t Au, 8.5m at 1.5 g/t Au, 3.15m at 4.4 g/t Au and 1m at 32.5 g/t Au;

  2. Soju-Sindove: 2m at 5.3 g/t Au, 2.5m at 4.35 g/t Au and 1,750 g/t Au in rock float including 1m at 22.3 g/t Au in the nearby Salat Vein 500m to the north; and

  3. Kimono Vein: 6.1m at 3.14 g/t Au and 2m at 12.3 g/t Au.

The Tolukuma Project covers covers 441.72 sq.km located 70km North of the Capital Port Moresby and accessible by air or walking trail. The nearest all weather road is to Kubuna, 20km west of the tenement which runs along the south coast to the National capital Port Moresby. Fane and Woitape airstrips have proven useful for heavier cargoes.
Frontier’s tenement totally surrounds, but excludes, the Tolukuma gold Mining Lease ML104 and the start-up and development infrastructure at the mine makes Frontier’s tenement highly prospective for gold deposits. The Tolukuma gold mine contains high grade, narrow epithermal veins with a long history of having its gold reserves continuously extended.
In 1989 Newmont Pty Ltd explored outside the then known Tolukuma resource further to the east of the current mining lease ML104 and within the now Frontier owned EL2531. Their rationale was to define additional resources and the subsequent favourable effect on the economics of the Tolukuma resource. Trenching and outcrop rock sampling was conducted over newly located veins at Saki, Kimono and Soju-Sindove.
The most significant results were:

  1. Saki Vein: 5.4m at 8.7 g/t Au, 8.5m at 1.5 g/t Au, 3.15m at 4.4 g/t Au and 1m at 32.5 g/t Au;

  2. Soju-Sindove: 2m at 5.3 g/t Au, 2.5m at 4.35 g/t Au and 1,750 g/t Au in rock float including 1m at 22.3 g/t Au in the nearby Salat Vein 500m to the north; and

  3. Kimono Vein: 6.1m at 3.14 g/t Au and 2m at 12.3 g/t Au.



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Location Map of Tolukuma Project, PNG
Location Map of Tolukuma Project, PNG