Gold: $1961/oz
ASX: TRE   -   Last Price: $0.18

A New Platform For Growth In West Africa

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Last updated: 2023-06-05

Company Overview

Toubani Resources is an Australian listed (ASX:TRE) exploration and development company with a focus on becoming the next gold development asset in West Africa. The Company is primarily focused on the Kobada Gold Project in southern Mali, a 3.1Moz oxide dominant, low capital, low operating cost, permitted and free-milling gold project with the potential to produce more than 100,000 ounces of gold per annum for over 10 years.

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Kobada Gold Project

Location: Mali
Pre Tax NPV 5%: US$506 M
IRR: 45%

Kobada is an advanced stage near-surface gold project that has a global resource base of over 3.1 Moz of gold. The project is located in Mali, Africa’s 4th largest gold producing nation, 126 km south of its capital, Bamako.

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