Toubani Resources Launches Drilling Program at Kobada Gold Project

Toubani Resources Limited Registered Shs ( (AU:TRE) ) has shared an announcement.

Toubani Resources Limited has initiated a diamond core drilling program at its Kobada Gold Project in southern Mali, aiming to expand its mineral resource inventory and extend the project’s life. This program targets deeper mineralization extensions and will collect geotechnical and hydrological data to optimize mine design. An additional RC drilling program is planned to explore near-surface targets, supporting the company’s strategy to enhance its resource base and production profile, with a final investment decision expected by the end of 2025.

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’s primary project is the Kobada Gold Project located in southern Mali, which is known for its significant mineral resources, particularly oxide and open-pitable gold deposits.

Average Trading Volume: 749,637

Technical Sentiment Signal: Buy

Current Market Cap: A$13.01M

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