# Phil Russo

Managing Director

## Career chronology

- **Earlier career; exact dates not established: Prior employers as stated in official or reviewed professional profile** — Managing Director; mining executive with project development and mine construction experience, including leadership on West African Resources’ Sanbrado and Nordgold projects.. [Company and Senior Management](<https://toubaniresources.com/company/>) (Phil Russo profile; career/role section)

- **Current role; roster as of 2026-09-26: Toubani Resources Limited** — Managing Director. [Company and Senior Management](<https://toubaniresources.com/company/>) (Phil Russo profile; title and role); [Annual Report to shareholders](<https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03073190-6A1318325>) (Directors’ report / Corporate Directory; executive name and title)

## Personal achievements

### Relevant professional experience [phil_russo_career_record]

Earlier career; exact dates not established in reviewed profile · issuer reported · medium materiality

Managing Director; mining executive with project development and mine construction experience, including leadership on West African Resources’ Sanbrado and Nordgold projects.

**Attribution:** Individual involvement documented. The cited profile describes the person’s roles and involvement; outcome attribution is limited to what it explicitly states.

**Relevance:** Provides role-relevant experience; profile claims are issuer-reported and not a substitute for independent delivery evidence.

[Company and Senior Management](<https://toubaniresources.com/company/>) (Phil Russo profile; career/role section)

### Kobada entered visible plant construction under Russo’s CEO tenure [phil_russo_kobada_construction_milestone]

October 2026 construction milestone · issuer reported · medium materiality

An industry report dated 6 October 2026 states that Kobada began carbon-in-leach tank erection, process-plant engineering was more than 95% complete, all long-lead mechanical items including the ball mill had shipped, more than 70% of project costs were committed, and the project target was first gold in Q3 2027. It also reports 1 million lost-time-injury-free hours during September. This is a measurable project-construction milestone during Russo’s tenure, not a completed mine or proven production result; the source does not assign sole credit to him.

**Attribution:** Role overlaps event; causation unproven. The report quotes Russo and identifies him as Managing Director, while execution is a company and contractor effort. First gold remained a future target at the cutoff.

**Relevance:** Material project-delivery evidence for CEO role, with outcome still incomplete.

[Toubani begins CIL tank erection at Kobada](<https://mining.com.au/toubani-begins-cil-tank-erection-at-kobada/>) (6 October 2026, construction progress and first-gold target, lines 61–79)

## Suitability for the current role

### Role fit and evidence limits [phil_russo_role_fit]

Assessment at cutoff 2026-10-09 · analyst inference · medium materiality

Mine-building, West African permitting and construction experience is relevant to Kobada development in Mali; company delivery is still being demonstrated.

**Attribution:** Responsibility not applicable. This is an analytical inference from the cited career profile and the company’s stated stage; it does not claim personal causation of company outcomes.

**Relevance:** Connects prior experience to the role’s execution and oversight needs.

[Company and Senior Management](<https://toubaniresources.com/company/>) (Phil Russo profile; career/role section)

## Evidence gaps

- The reviewed public professional and issuer materials did not establish verified degrees or professional credentials for this executive.

- Exact dates for prior roles and independent confirmation of profile claims were unavailable in the reviewed materials.