Toubani Launches 100,000m Drill Campaign to Grow Mali’s Kobada Gold Project

Tip Ranks
2026.01.29 14:27
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Toubani Resources Limited has launched a significant drilling campaign at the Kobada Gold Project in Mali, planning up to 100,000 metres of drilling in 2026. This includes 60,000 metres of reverse circulation drilling and 40,000 metres of aircore drilling to enhance resource estimates and test regional targets. Recent drilling has shown high-grade gold intersections, indicating potential resource growth. The current analyst rating for Toubani Resources (AU:TRE) is a Hold with a price target of A$0.51. The company aims to expand its mineral resources and develop regional prospects.