Toubani Resources

Toubani Resources (ASX:TRE) Managing Director Phil Russo: “The structuring of our partnership with Mali ensures interests are aligned among all stakeholders, positioning Kobada and Toubani for long-term success in Mali.” https://lnkd.in/g-NPRbXN #gold #miningnews #asx #resources #mining

Toubani Resources has cemented a deal with the Mali Government to jointly own and develop the company’s 162,000-ounce-a-year Kobada gold project that will likely be one of the largest #gold mines in Mali. $TRE #BULLSNBEARSWA Brisbane Times

Toubani Resources and its subsidiary Toubani Resources Mali SARL have agreed with the State of Mali to develop the Kobada Gold Project under the 2023 mining code. With the key fiscal terms established for the Project, the Company will continue to advance towards a Final Investment Decision ("FID") with the collective support of its stakeholders, and the State of Mali. Kobada is a premier, oxide gold development project within a select and limited group of +150,000oz per annum gold projects across West Africa. Once developed, Kobada will be one of the largest gold mines in Mali.   ASX Announcement: https://bit.ly/3XDzsZa #GoldMining #ASX #TRE #Kobada #MiningIndustry #Gold #Development #mining #Mali #Investment

📢 Toubani Resources is heading to the Swiss Mining Institute.  Join us at the The Dolder Grand, Zürich, on March 18-19, 2025, where our Manager Director, Phil Russo, will be presenting on Wednesday, March 19th at 12:30 PM (GMT +1). 📅 Secure your spot today: https://bit.ly/4hBmtOz   #ASX #TRE #resources #mining #gold #explore #develop #production

Toubani Resources (ASX:TRE) Managing Director Phil Russo says the partial lifting of the ban on mining and exploration permits points to an industry starting to normalise. https://lnkd.in/gNBCAC8i #exploration #mali #westafrica #miningnews 

Toubani Resources welcomes the Malian government's decision to partially resume the granting of exploration and mining permits, marking a significant step that is highly constructive for progress in Mali's mining sector.

While a large resource of 2.2Moz already exists at the Kobada Gold Project, Toubani has a dual growth strategy to pursue expansion in our resources at Kobada by:   1. Targeting additional near-surface oxide ounces regionally to the main Kobada deposit; and 2. Testing the significant free-milling, fresh rock optionality at depth where the current reserve pit is a relatively shallow ~200m in vertical depth.   In 2023, we successfully extended strike extent from 5km to 11km and made new regional discoveries for follow up.   Our 2024 infill drilling program produced several standout intersections, including 51m @ 2.72g/t from 123m which ended in mineralisation at the oxide / fresh rock contact.   Down dip and down plunge extensions to mineralisation have never been systematically targeted at Kobada with resource growth a key pillar to the Company’s future strategic objectives.   #ASX #TRE #gold #mining #exploration

Toubani’s Kobada Gold Project is a large, shallow deposit, underpinning a low strip ratio and rapid repayment of capital in the initial production years.   Read our latest investor presentation to learn more about the Kobada DFS and Toubani’s three-pillared “Enhance – Grow – Derisk” strategy for 2025.   https://lnkd.in/gUZ4sHVE #ASX #mining #gold #developer #exploration

We completed a feasibility study for the Kobada Gold Project in October 2024 and are on-track with our “Enhance – Grow – Derisk” strategy in 2025. To learn more about our project click the link to the DFS announcement. #ASX #resources #mining #gold #developer #exploration https://lnkd.in/gwrgybj7

Investor Presentation | January 2025 Download full presentation here: https://bit.ly/4hfzuhI #ASX #TRE #resources #mining #gold #explorer #exploration