Investor Presentaiton
Track Record of Successful Oxide Mining in West Africa
Several mines in the region began with a simple, low risk oxide operation
Deep weathering profile offers a simple, large open pit mining operation
•
Toubani - Kobada - Mali
•
Softer oxide material begins from surface and extends in some areas
•
·
of the pit to over 120m depth, is free-dig with no drill and blast
required
Consistent thicknesses allows for bulk material movement using
large excavator and mobile fleet
Low strip ratio of near surface mineralisation translates to overall
lower unit mining costs
Many significant mines in the region commenced with a successful
oxide operation (e.g. Siguiri, Lefa, Sadiola and Syama)
Significant fresh rock optionality in later years exists with 0.9Moz in
fresh rock Mineral Resource estimates within the Kobada Main deposit
and is open at depth
Historic drilling results in fresh rock at Kobada include¹:
AngloGold - Siguiri - Guinea
TOUBANI
RESOURCES
•
9m at 21.0g/t from 114m (KBRC12-066)
•
.
3m at 33.9g/t from 135m (KBRC12-066)
32.4m at 1.70g/t from 246.3m (KB07-67)
8.5m at 6.40g/t from 112m (KB07-78)
Note: 1 Refer to the Company's announcement dated 31 May 2023.
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