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Toubani Resources (ASX: TRE) — Company Overview, News & Financial Data

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Company profile

Toubani Resources

Toubani Resources is an exploration and development company focused on advancing oxide-dominant gold projects in West Africa. The company's key asset is the Kobada Gold Project, an advanced-stage, near-surface deposit located in southern Mali approximately 126 kilometers south of Bamako. Underpinned by a multi-million-ounce gold resource, the project is structured as a large-scale, open-pit oxide mine designed for bulk extraction with low operating costs. Toubani Resources focuses on technical feasibility studies, metallurgical testing, environmental permitting, and targeted exploration programs to expand mineral reserves and transition its primary African assets toward commercial mine development and production.

Snapshot

Public AUOwnership
2024Year founded
11–50Employees
West Perth, AustraliaHead office
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Global footprint

Operations

All Locations
Perth, AU
Australia

Products and/or services of Toubani Resources

  • Oxide Gold Deposit Feasibility: Development of a large-scale open-pit gold operation in southern Mali, targeting an annual production capacity exceeding 150,000 ounces supported by definitive feasibility studies, carbon-in-leach processing facilities, and low-cost free-dig mineral extraction.
  • Resource Delineation and Reserve Expansion: Infill and extensional drilling programs across multi-million-ounce gold deposits in West Africa to convert oxide and fresh-rock resources into proven reserves while optimizing mine sequencing and metallurgical recovery parameters.
  • Regional Target Exploration: Systematic geological mapping, soil geochemistry, and exploratory drilling across satellite targets to identify high-grade surface oxide mineralization and expand the overall resource footprint within southern Mali greenstone belts.
  • Metallurgical Optimisation and Process Engineering: Technical evaluation and metallurgical testing of soft oxide and fresh rock ores to optimize flowsheet design, maximize leach recovery rates, and lower capital and operating expenditure requirements.

Toubani Resources executive team

  • Mr. Phil RussoMD & Executive Director
  • Mr. Robert Ierace ACA., B.Com., C.A., CSAChief Financial Officer
  • Mr. Kevin Ronald Hart B.Com., B.Comm (Hons), C.A., F.C.A.Joint Company Secretary
  • Mr. Aaron Philip Gates AGIA, B.Com., C.A., CSACompany Secretary