Toubani Resources Says Infill Drilling at Mali Project Returns High-Grade Gold Mineralization

MT Newswires Live

Jun 23

Toubani Resources (ASX:TRE) said pre-production infill drilling at its Kobada gold project in southern Mali continued to return high-grade gold mineralization, according to a Tuesday filing with the Australian bourse.

The latest results include 72 meters at 2.27 grams per tonne grade of gold from 92 meters; 53 meters at 3.67 g/t from 87 meters; 20 meters at 4.58 g/t from 198 meters; 61 meters at 1.80 g/t from 183 meters; 31 meters at 3.12 g/t from 187 meters; and one meter at 86.5 g/t from 17 meters, among other intersects.

A mineral resource estimate update for the project is due to start in the third quarter, with the start of mining activities planned for early 2027, per the filing.

Toubani Resources shares fell 1% in recent Tuesday trade.

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