← All news

Exploration News

Toubani reports high-grade Kobada drilling ahead of MRE update

Toubani reports high-grade Kobada drilling ahead of MRE update

The company reported intercepts including 55m at 3.30g/t gold from 138m, including 7m at 5.93g/t, and 23m at 3.83g/t from 200m, including 2m at 26.8g/t, from final resource delineation drilling at the Kobada Main Deposit.

Toubani said the drilling results will be incorporated directly into the current Mineral Resource Estimate update. It expects finalisation of the MRE to lead to an updated Ore Reserve estimate and mine plan and schedule in early January 2027.

At the Gosso deposit, the company said drilling confirmed continuity of mineralisation along 2.8km of strike, with mineralisation remaining open along strike and at depth. Gosso is being advanced as a supplementary ore-feed source, and the company plans the next drilling phase ahead of a maiden MRE in 2027.

Source: Download TRE official ASX announcement, 2026-11-05.

Technical cross-section from Toubani Resources' ASX announcement dated 5 November 2026.