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Toubani Resources Inc (ASX:TRE)
ALERT: Price-sensitive ASX Announcement for TRE
Current share price for TRE : $0.345 -0.05 (-12.66%)+
Announcement
Release
23 Jun 2026 9:34AM
Price at Release
$0.395
Full Release
Summary
Toubani Resources Inc has announced significant pre-production infill drill results from its Kobada Gold Project in southern Mali. This project, hosting 2.2 Moz in mineral resources, has shown high-grade gold mineralisation in a recent set of drill results. The drilling program, part of a 100,000m project-wide initiative, aims to improve data for a Mineral Resource Estimate (MRE) update scheduled for Q3 2026. The results have been encouraging, with continued intersections of significant widths and grades of mineralisation, particularly in the northern area of the Kobada MRE. The drilling also aims to delineate additional ore sources near the processing plant to enhance mine life and scheduling flexibility. These developments support Toubani's goal of establishing West Africa's next major gold mine.
Key Points
- High-grade gold mineralisation found in Kobada Gold Project.
- Pre-production infill drilling continues to show promising results.
- New drilling results to contribute to MRE update in Q3 2026.
- Drilling aims to expand near-surface oxide resources.
- Recent results validate high-grade zones within Kobada mineralization.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.
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