Toubani Resources Inc (ASX:TRE, OTC:AGGFF) CEO Phil Russo tells Proactive the company has revised the mineral resource estimate for Kobada Gold Project in southern Mali, as part of a definitive feasibility study (DFS) to further the company's ambitions to develop West Africa’s next major gold mine. The gold developer undertook the review to assess the suitability of the previous resource model, completed in 2021, in a larger scale processing and mining operation. The new Kobada MRE is 87 million tonnes at 0.86 g/t for 2.4 million ounces of gold, with 1.5 million ounces of shallow, free dig oxide resources.
Toubani Resources developing next major gold project in West Africa
