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UNITED STATES.

Kobo Resources Strengthens Gold Mineralisation at Kossou

Intersecting 9.0 m at 3.60 g/t Au and 8.0 m at 2.54 g/t Au

• Drilling continues to expand Kossou’s mineralised footprint, supporting the geological

model and future resource definition work

• Drilling confirms strong continuity at the Jagger Zone, a key gold target of Kossou’s

emerging resource base

• Additional strike extension at the Road Cut Zone highlights the scalability of

mineralisation along the Contact Zone Fault

QUEBEC CITY, QC – Kobo Resources Inc. ("Kobo” or the "Company") (TSX.V: KRI) is pleased to

announce results of a further 12 boreholes from its ongoing diamond drill program at the 100%-owned

Kossou Gold Project (“Kossou”) in Côte d’Ivoire, West Africa. The latest 12 boreholes total 2,755 metres

(“m”) of drilling, bringing cumulative diamond drilling at Kossou to 26,267 m and total drilling completed to

32,154 m.

Diamond Drill Results – Highlights:

Jagger Zone:

• KDD0110

o 6.0 m at 1.81 g/t Au from surface

o 6.0 m at 1.77 g/t Au from 10.0 m

o 8.0 m at 2.82 g/t Au from 148.0 m

• KDD0111

o 7.0 m at 1.66 g/t Au from 44.0 m

o 9.0 m at 3.60 g/t Au from 119.0 m, including 6.45 m at 4.74 g/t Au

• KDD0113

o 8.0 m at 2.54 g/t Au from 188.0 m

Road Cut Zone

• KDD0112

o 5.0 m at 3.42 g/t from 120.0 m, including 2.0 m at 7.13 g/t Au

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• KDD0118

o 4.0 m at 3.47 g/t Au from 222.0 m

Edward Gosselin, CEO and Director of Kobo commented: “The latest results at Jagger and Road Cut Zone

give us further confidence in the interpretation and modelling of the principal mineralised shears at Kossou.

These results continue to strengthen the resource potential we are currently defining on the Jagger and

Road Cut Zone targets.”

He continued: “We continue with our aggressive exploration campaign in the district, currently evaluating

encouraging gold showings in new areas along the western parts of the Kossou permit, which we expect

to generate drill targets, along with newly discovered artisanal workings at the Kadie Zone. With less than

25% of the licence systematically explored, we strongly believe our successful approach to date supports

significant potential for additional discoveries and expansion of the resource base at Kossou.”

Jagger Zone Highlights

Well mineralised intersections are reported at the Jagger Zone between JZ500 and JZ600 (Jagger

Structure 6) near surface, confirming the interpreted structural controls to gold mineralisation along the

Jagger Shear Zone. See Figure 1 for a simplified geology map and drill hole locations.

Figure 1: Jagger Zone Drill Hole Locations and Simplified Geology

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Mineralisation grading 8.0 m at 2.82 g/t Au (KDD0110) (see Figure 3), 9.0 m at 3.60 g/t Au (KDD0111)

(see Figure 2) and 7.0 m at 1.36 g/t Au (KDD0115) was reported in Structure 6 at Jagger Zone in these

boreholes. The mineralisation in KDD0110 is comparable to the mineralised intersection reported

previously on the same drill section (borehole KDD0028 grading 8.0 m at 3.72 g/t Au).

A broad mineralised zone grading 26.0 m at 0.60 g/t Au (Figure 3) was also intersected in the upper 25.0

m oxidised zone near surface in KDD0110 in central parts of the shear zone.

Figure 2: Jagger Zone Simplified Cross Section – JZ550

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Figure 3: Jagger Zone Simplified Cross Section – JZ600

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Road Cut Zone Highlights

Drilling at the Road Cut Zone has focused on two main targets identified to date. The main shear intersected

previously on RCZ800, together with mineralisation associated with the Contact Zone Fault and the shears

in close proximity of this first order fault. See Figure 4 for simplified geology map and drill hole locations.

Figure 4: Road Cut Zone Drill Hole Locations and Simplified Geology

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Borehole KDD0112 on Section RCZ400 intersected 5.0 m at 3.42 g/t Au associated with the northern strike

continuation of the artisanal mine shear zone (see Figure 5). Anomalous grades (0.20-0.25 g/t Au) were

also reported along Contact Zone Fault on this section. Borehole KDD0114 on RCZ350 intersected

mineralisation grading 4.0m at 0.96 g/t Au confirming the quartz veining and alteration along the Contact

Zone Fault to the north of that previously reported.

Encouraging gold intersections have also been reported along the one of the main shears within the mafic

package associated with a well-defined shear on RCZ800. All 3 boreholes in the area intersected the

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well-developed shear zone. The best intersection was in borehole KDD0118 on RCZ825 (4.0 m at 3.47

g/t Au), with more anomalous intercepts in KDD0121 on RCZ750 (2.0 m at 2.27 g/t Au and 3.0 m at

1.34 g/t Au) and KDD0116 on RCZ800 (4.0 m at 0.80 g/t Au).

Figure 5: Road Cut Zone Simplified Cross Section – RCZ400

Table 1: Summary of Significant Diamond Drill Hole Results

BHID East North Elev. Az. Dip Length From (m) To (m) Int.

(m)

Au

g/t Target

KDD0110 229055 775308 346 70 -50 194.4 0.00 6.00 6.00 1.81 Jagger

10.00 36.00 26.00 0.60 Jagger

incl. 10.00 16.00 6.00 1.77 Jagger

52.00 60.00 8.00 0.62 Jagger

148.00 156.00 8.00 2.82 Jagger

KDD0111 229049 775359 334 70 -50 179.4 0.00 4.00 4.00 0.79 Jagger

28.00 30.00 2.00 0.50 Jagger

42.00 51.00 9.00 0.99 Jagger

incl. 44.00 51.00 7.00 1.66 Jagger

57.00 60.00 3.00 0.55 Jagger

64.00 66.00 2.00 0.50 Jagger

119.00 128.00 9.00 3.60 Jagger

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incl. 120.40 126.85 6.45 4.74 Jagger

149.00 152.00 3.00 0.35 Jagger

KDD0112 228441 776362 245 70 -50 206.3 4.00 9.00 5.00 0.40 RCZ

120.00 125.00 5.00 3.42 RCZ

incl. 120.00 122.00 2.00 7.13 RCZ

203.00 205.00 2.00 0.92 RCZ

KDD0113 228912 775469 320 70 -50 266.4 105.00 110.00 5.00 0.49 Jagger

119.00 121.00 2.00 1.55 Jagger

148.00 159.00 11.00 0.81 Jagger

188.00 196.00 8.00 2.54 Jagger

214.00 217.00 3.00 0.53 Jagger

KDD0114 228404 776402 246 70 -50 269.3 10.00 13.00 3.00 1.21 RCZ

34.00 35.00 1.00 7.22* RCZ

50.00 52.00 2.00 2.98 RCZ

199.00 203.00 4.00 0.96 RCZ

KDD0115 229050 775411 316 70 -50 167.4 102.00 109.00 7.00 1.36 Jagger

113.00 116.00 3.00 0.73 Jagger

136.00 147.00 11.00 0.61 Jagger

incl. 140.00 144.00 4.00 1.36 Jagger

154.00 157.00 3.00 1.84 Jagger

KDD0116 228406 775924 289 70 -50 302.3 15.00 17.00 2.00 1.89 RCZ

45.00 48.00 3.00 1.48 RCZ

93.00 95.00 2.00 1.86 RCZ

205.00 206.00 1.00 10.50 RCZ

246.00 250.00 4.00 0.80 RCZ

KDD0117 228909 775522 313 70 -50 242.4 132.00 136.00 4.00 0.33 Jagger

146.00 147.00 1.00 2.68* Jagger

166.00 169.00 3.00 1.31 Jagger

KDD0118 228444 775910 299 70 -50 251.3 76.00 79.00 3.00 2.96 RCZ

129.00 133.00 4.00 0.47 RCZ

187.00 188.00 1.00 2.36* RCZ

222.00 226.00 4.00 3.47 RCZ

232.00 233.00 1.00 1.62* RCZ

KDD0119 228900 775572 305 70 -50 221.4 12.00 16.00 4.00 0.42 Jagger

168.00 170.00 2.00 0.88 Jagger

195.00 197.00 2.00 2.55 Jagger

KDD0120 228863 775611 280 70 -50 224.4 7.00 9.00 2.00 0.34 Jagger

182.00 189.00 7.00 0.56 Jagger

KDD0121 228452 775994 283 70 -50 230.3 38.00 40.00 2.00 0.81 RCZ

94.00 99.00 5.00 0.36 RCZ

172.00 174.00 2.00 2.37 RCZ

183.00 186.00 3.00 1.54 RCZ

Notes:

• Cut-off using 2.0 m at 0.30 g/t Au

• Intervals are reported with no more than 3.0 m of internal dilution of less than 0.3 m g/t Au except where indicated with an *

An accurate dip and strike and controls of mineralisation are unconfirmed and mineralised zones are

reported as downhole lengths. Drill holes are planned to intersect mineralised zones perpendicular to

interpreted targets. All intercepts reported are downhole distances, true widths are unknown.

Sampling, QA/QC, and Analytical Procedures