Company
Toubani Resources (ASX: TRE) is an exploration and development gold company with expansive holdings in West Africa's prolific Birimian Greenstone Belt in southern Mali.
The Company has an attractive land position and remains significantly underexplored with 11km of strike extent now defined over the 50km of regional scale shear zones within its tenure.
The Kobada main deposit, which hosts 2.2Moz of predominantly free-dig, oxide gold over a strike extent of 4.5km, is also open at depth with mineralisation open down dip and along the entire strike extent below the current average drill depth of 110m.
In October 2024 Toubani completed a Definitive Feasibility Study for the Kobada Gold Project. The Definitive Feasibility demonstrated compelling economics, a unique and technically robust gold development asset, underpinned by a Mineral Reserve of 1.56Moz for production of 162,000oz per annum over a life of 9 years.
