Precious Metals
Posted By OrePulse
Published: 08 Nov, 2024 08:33
Toubani Resources unveils strong DFS for Kobada Project in Mali
Toubani Resources (ASX:TRE) Managing Director Phil Russo discusses the recently released Definitive Feasibility Study (DFS) for the Kobada Gold Project in Mali.
Russo shares the highlights, including a projected annual production of 162,000 ounces at an all-in sustaining cost (AISC) of only $1,000 per ounce, thanks to Kobada’s unique technical characteristics and soft rock oxide ore.
🔑 Key topics discussed:
- Robust DFS results with a 1.56 million-ounce reserve and 9-year mine life.
- Low capex and high capital efficiency, with a $216 million project cost.
- Opportunities to expand and optimise as drilling restarts in 2025.
- The company’s vision to transform Kobada into a significant West African gold mine.
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