Toubani Resources Advances Earthworks Activities at Mali Gold Project
MT Newswires Live
Jun 10
Toubani Resources (ASX:TRE) said it is advancing construction through bulk earthworks at its Kobada gold project in Mali, according to a Wednesday filing with the Australian bourse.
The project's water storage dam and turkey's nest are on track for completion in the coming weeks, and the project remains on schedule to deliver first gold production in the third quarter of 2027, the company said.
Clearing of the airstrip and permanent camp areas started last month, Toubani said, adding that initial equipment for the project has arrived in Mali and further shipments are in transit.
The company's shares gained 1% in recent Wednesday trade.
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