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Toubani Resources Limited Registered Shs ( (AU:TRE) ) has shared an announcement.
Toubani Resources Limited has announced successful drilling results at its Kobada Gold Project in southern Mali, identifying new zones of mineralisation outside the current Mineral Resource Estimate. The discovery includes both surface and deep mineralisation, indicating potential for resource growth and extended mine life. The ongoing drilling program aims to expand the resource base by targeting fresh rock mineralisation, with further results expected soon. This development could enhance the company’s operational capacity and strengthen its position in the gold mining sector.
The most recent analyst rating on (AU:TRE) stock is a Buy with a A$1.25 price target. To see the full list of analyst forecasts on Toubani Resources Limited Registered Shs stock, see the AU:TRE Stock Forecast page.
More about Toubani Resources Limited Registered Shs
Toubani Resources Limited operates in the mining industry, focusing on gold exploration and development. The company is primarily engaged in the Kobada Gold Project located in southern Mali, which is known for its significant gold mineral resources.
Average Trading Volume: 325,860
Technical Sentiment Signal: Buy
Current Market Cap: A$13.01M
Find detailed analytics on TRE stock on TipRanks’ Stock Analysis page.