Toubani Resources Limited Registered Shs (AU:TRE) has released an update.
Toubani Resources Limited reported a substantial upgrade in their Kobada Gold Project’s Mineral Resource Estimate, with Indicated resources increasing by 30% to 2.0Moz of gold, signaling a promising future for the project. The successful drilling campaign not only boosted the confidence in the oxide resources but also sets the stage for an updated Definitive Feasibility Study (DFS) slated for later this year. With significant exploration potential remaining and regulatory stability in Mali, the company is well-positioned for advancing the project.
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