ASX:TRE - Toubani continues to increase strike at Kobada

View this email in your browser TOUBANI CONTINUES TO INCREASE STRIKE OF MINERALISATION AT KOBADA Toubani Resources, Inc (ASX: TRE; TSX-V: TRE) ("Toubani Resources" or the "Company") is pleased to provide further results from the ongoing drilling program at its 3.1Moz Kobada Gold Project in southern Mali. The Mineral Resources occur over a strike length of 4.5km. Highlights Drilling at Kobada North has confirmed continuity and further extended mineralisation north of the Kobada Main Deposit with mineralisation now intersected over 2km from previous drilling, and remains open Shallow, oxide mineralisation intersected in drilling at the Gosso target with results of 1m at 5.78g/t, 2m at 1.44g/t, 1m at 3.16g/t, 3m at 1.34g/t, 3m at 1.17g/t, and 2m at 1.15g/t Mineralisation at Gosso remains open to the north and south with Toubani's drilling increasing the strike of known mineralisation to over 2km All targets tested in the current program to date have intersected mineralisation RC drilling continues on site with drilling recently completed at the Kobada Est target, where high grade auger results were received in late 2022 Drilling now in progress at Kobada West, a previously undrilled structure parallel to the Kobada Main Shear with results anticipated shortly Following the success of this current campaign, Toubani has increased its drilling program by 3,000m to a total of 13,750m Chief Executive Officer, Phil Russo commented: "The goal of our current program is to drill test several high value targets outside the 3.1Moz Kobada Main deposit. Following the success of our initial results last month, we are pleased to have continued to intersect mineralisation and extend strike at all targets tested so far. Our belief is that the potential scale of Kobada is much more extensive, and our drilling program continues to confirm this. Given the success of our campaign, we have elected to increase the program by an additional 3,000m with the overall program set to be completed in the coming weeks and assays due thereafter."   Read Full Announcement Listen Here Plan showing location of Kobada North and Kobada South TOUBANI FEATURED IN THE MARKET HERALD'S THEMATICA REPORT  Read Article THE MINING PODCAST Listen to Podcast INVESTOR PRESENTATION Download Presentation INVESTOR WEBINAR RECORDING   Watch Video CORPORATE SNAPSHOT Company Name: Toubani Resources ASX: TRE About Toubani Resources Inc  Toubani Resources (ASX: TRE; TSX-V: TRE) is an exploration and development company with a focus on expanding its existing total resource base of 3.1 million ounces. The Company has a highly experienced board and management team with a proven track record in the African mining sector operating mines from development through to production. Toubani Resource's principal asset is the Kobada Project in southern Mali, which is in an advanced stage of development having completed a Definitive Feasibility Study in September 2021 showing robust economics for a 100,000oz per annum production profile over 10 years. The company believes the flagship project to be largely de-risked based upon the results of the study, and further exploration will build on the substantial baseline of 3.1 million ounces total resource, and 1.2 million ounces of reserves. As well as the initial Kobada Gold Project mining concession, other highly prospective exploration locations have been identified on the Kobada, Gosso and Kobada Est concessions based upon systematic regional exploration techniques. These additional exploration areas are part of the targeted drilling campaign as outlined above, with a view to increase strike length and grow resource ounces. For more information regarding Toubani Resources visit our website at www.toubaniresources.com.   TOUBANI FEATURED IN THE PRESS MARKET HERALD - 10 MARCH 2023 Toubani Resources (ASX:TRE) extends Kobada mineralisation by one kilometre, Mali PROACTIVE - 8 MARCH 2023 Toubani says first drilling successfully extends overall Kobada mineralisation by 1 kilometre MINING REVIEW - 12 JANUARY 2023 Toubani strengthens exploration & resource team with key appointments View Toubani Press Releases Our mailing address is: info@toubaniresources.com Want to change how you receive these emails? You can update your preferences or unsubscribe from this list.