Kobo Resources Commences 2025 Diamond Drill Program to Advance Priority Gold Targets at Kossou
Kobo Resources Commences 2025 Diamond
Drill Program to Advance Priority Gold
Targets at Kossou
QUEBEC CITY--(BUSINESS WIRE)--April 24, 2025--Kobo Resources Inc. ("Kobo” or the
"Company") (TSX.V: KRI) is pleased to announce the commencement of the Company’s 2025
diamond drilling program at its 100%-owned Kossou Gold Project ("Kossou") in Côte d’Ivoire.
This marks the beginning of what could become Kobo’s most extensive exploration program to
date.
Key Highlights
2025 Diamond Drill Program Underway: The Company has commenced what could
be its largest diamond drill program to date at Kossou, with the opportunity to conduct
between 20,000–30,000 metres (“m”) of diamond drilling
Phased Approach: The Company will conduct an initial 5,000–6,000 m drill program to
establish the Kossou mineralisation model, test potential mineralisation at depth across
the Jagger and Road Cut Zones and test the ~400 m undrilled gap between the Road Cut
and the Jagger Zones
Regional Exploration Advancing: Ongoing soil sampling, mapping, and rock sampling
underway at the Company’s Kotobi Permit to refine new targets for future trenching or
drilling programs
Edward Gosselin, CEO and Director of Kobo, commented: “As we kick off our 2025 diamond
drill campaign, we are focused on strategically advancing our high-priority gold targets at
Kossou as we move toward our longer-term objective of defining a potential maiden resource.
This phased approach allows us to build on the momentum of last year’s discoveries, where
previous drilling has yielded some of our most encouraging results to date, and refine our
targeting through detailed structural interpretation. We are particularly excited to further test
continuity and depth potential at both the Jagger and Road Cut Zones, while also advancing
work at our Kotobi Permit. With other regional work ongoing and a growing footprint in Côte
d’Ivoire, we are well-positioned for another active year of exploration at Kobo.”
2025 Exploration Program Overview
The 2025 drill campaign will begin with a 5,000–6,000 m phase at the Jagger and Road Cut
Zones, two of the most advanced gold targets at Kossou (see Figure 1). This initial phase is
designed to establish the mineralisation model and to test depth of mineralisation, which is
expected to inform subsequent phases of drilling. Pending results, the program is expected to
expand into a broader campaign of up to 20,000–30,000 m, marking the Company’s largest
diamond drill program to date.
At the Jagger Zone, drilling will target the core of the mineralized corridor to test the
mineralisation model and evaluate the potential for gold mineralization at depth, including step-
outs in the 200+ m range. This work builds upon previously reported strong intercepts and the
Company’s growing understanding of the Jagger shear zone-hosted system. At the Road Cut
Zone, drilling will focus on establishing the mineralisation model based on previous drilling and
trenching, with a view to defining potential high-priority zones for future phases of exploration.
Several holes have been proposed to test the gap between the southern drilled extend of the Road
Cut Zone and the northern drilled extent of the Jagger Zone, a gap of over 400 m that remains
untested.
In addition, Kobo continues to advance exploration activities at its Kotobi Permit, located to the
east of the Company’s Kossou Gold Project in Côte d’Ivoire. Crews are currently completing
infill soil geochemical sampling in areas with previously identified gold anomalies, as well as
conducting new wide-spaced geochemical lines in previously unexplored zones. This work is
being supported by geological mapping and rock sampling, designed to refine exploration targets
for potential trenching or drilling in the future.
Atrium Research Initiates Coverage on Kobo Resources
The Company is also pleased to share that Atrium Research, an independent Canadian equity
research firm, has initiated coverage on Kobo Resources. The research report, which was
commissioned by Kobo and is a paid issuer-sponsored report, highlights the Company’s strong
leadership and strategic partnership, proximity to infrastructure, and compelling position within
one of West Africa’s most prospective gold districts. The full report can be accessed here:
https://www.atriumresearch.ca/kobo-resources.
About Kobo Resources Inc.
Kobo Resources is a growth-focused gold exploration company with a compelling new gold
discovery in Côte d'Ivoire, one of West Africa’s most prolific and developing gold districts,
hosting several multi-million-ounce gold mines. The Company’s 100%-owned Kossou Gold
Project is located approximately 20 km northwest of the capital city of Yamoussoukro and is
directly adjacent to one of the region’s largest gold mines with established processing facilities.
With over 15,000 meters of diamond drilling, nearly 5,900 meters of reverse circulation (RC)
drilling, and 5,900 meters of trenching completed since 2023, Kobo has made significant
progress in defining the scale and prospectivity of its Kossou’s Gold Project. Exploration has
focused on multiple high-priority targets within a 9+ km strike length of highly prospective gold-
in-soil geochemical anomalies, with drilling confirming extensive mineralization at the Jagger,
Road Cut, and Kadie Zones. The latest phase of drilling has further refined structural controls on
gold mineralization, setting the stage for the next phase of systematic exploration and resource
development.
Beyond Kossou, the Company is advancing exploration at its Kotobi Permit and is actively
expanding its land position in Côte d'Ivoire with prospective ground, aligning with its strategic
vision for long-term growth in-country. Kobo remains committed to identifying and developing
new opportunities to enhance its exploration portfolio within highly prospective gold regions of
West Africa. Kobo offers investors the exciting combination of high-quality gold prospects led
by an experienced leadership team with in-country experience. Kobo’s common shares trade on
the TSX Venture Exchange under the symbol "KRI”. For more information, please visit
www.koboresources.com.
X: @KoboResources | LinkedIn: Kobo Resources Inc.
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IS DEFINED IN THE POLICIES OF THE TSXV) ACCEPTS RESPONSIBILITY FOR THE
ADEQUACY OR ACCURACY OF THIS RELEASE.
Cautionary Statement on Forward-looking Information:
This news release may contain “forward-looking information” and “forward-looking
statements” (collectively, “forward-looking statements”) within the meaning of the applicable
Canadian securities legislation. All statements, other than statements of historical fact, are
forward-looking statements. Any statement that involves discussions with respect to predictions,
expectations, beliefs, plans, projections, objectives, assumptions, future events or performance
(often but not always using phrases such as “expects”, or “does not expect”, “is expected”,
“anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”,
“estimates”, “believes” or “intends” or variations of such words and phrases or stating that
certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to
occur or be achieved) are not statements of historical fact and may be forward-looking
statements, including statements related to the expected timing of commencement and completion
of our diamond drill program and the results of the drill program. Forward-looking statements
are necessarily based upon a number of estimates and assumptions that, while considered
reasonable as at the date of this news release, are subject to known and unknown risks,
uncertainties, and other factors which may cause the actual results and future events to differ
materially from those expressed or implied by such forward-looking statements. Such factors
include, but are not limited to: general business, economic, competitive, political and social
uncertainties; the inherent risks involved win the exploration and development of mineral
properties; unanticipated costs and expenses; the delay or failure to receive board, shareholder
or regulatory approvals; and other risk factors listed from time to time in our documents filed
with Canadian securities regulators on SEDAR+ at www.sedarplus.ca. There can be no
assurance that such statements will prove to be accurate, as actual results and future events
could differ materially from those anticipated in such statements. Accordingly, readers should
not place undue reliance on the forward-looking statements and information contained in this
news release. Except as required by law, Kobo assumes no obligation and/or liability to update
the forward-looking statements of beliefs, opinions, projections, or other factors, should they
change, except as required by law.
Contacts
For further information, please contact:
Edward Gosselin
Chief Executive Officer and Director
1-418-609-3587