What’s in store for 2024: Toubani Resources
Stockhead’s Ashtyn Hiron sits down with Toubani Resources (ASX:TRE) CEO Phil Russo to close the books on 2023 and gain a sneak peek into what’s around the corner.
From a corporate standpoint, Russo says the company is solely focused on the ASX after deciding to voluntary delist common shares on the Toronto Stock Venture Exchange in April 2023.
On the exploration front, Toubani updated its resource at the Kobada gold project in Southern Mali to 87Mt at 0.86 g/t for 2.4Moz of gold and appointed Lycopodium Minerals as lead engineer to update its definitive feasibility study (DFS).
“We are aiming for a project of significant scale and simplicity given we are the only oxide project in the sector which saw us add several new institutional investors to our register, putting us in a good position for 2024,” he says.
Tune in to hear what’s coming up for Toubani Resources in 2024.