Kobo Resources Confirms Additional High-Grade Gold Mineralization at Kossou with 15.5 m at 2.3 g/t Au, incl. 8.3 m at 3.43 g/t Au; Outlines Next Phase of Exploration at Kossou
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PRESS RELEASE JULY 10, 2025
Kobo Resources Confirms Additional High-Grade Gold Mineralization
at Kossou with 15.5 m at 2.3 g/t Au, incl. 8.3 m at 3.43 g/t Au; Outlines
Next Phase of Exploration at Kossou
• High-grade gold intercepts highlighted by 15.5 m at 2.30 g/t Au, incl. 8.3 m at 3.43 g/t Au at
the Road Cut Zone
• Initial drilling on the gap between Jagger and Road Cut Zone confirms target structure,
warrants further testing
• Current drill phase complete; Geological modelling and planning underway for 15,000 m
drill program expected to begin in H2 2025
QUEBEC CITY, QC – Kobo Resources Inc. ("Kobo” or the "Company") (TSX.V: KRI) is pleased to report
additional diamond drill results from the Road Cut Zone at its 100%-owned Kossou Gold Project (“Kossou”)
in Côte d’Ivoire. Results from these holes continue to strengthen the Company’s understanding of the key
structural controls that define this prospective target area.
The Company also completed an initial test of the gap between the Road Cut and Jagger Zones, confirming
the presence of the interpreted structure. Additionally, the Company has provided an outline of its next
exploration priorities as it advances plans for its next phase of drilling and regional target work.
Diamond Drill Results – Highlights:
Road Cut Zone:
• KDD0088
o 3.5 metres (“m”) at 2.33 g/t Au from 81.0 m
o 1.0 m at 3.32 g/t Au from 119.0 m
• KDD0090
o 9.75 m at 1.69 g/t Au from 67.25, including 5.10 m at 2.93 g/t Au, from 68.9 m and 1.0
m at 11.30 g/t Au from 68.9 m, and
o 11.0 m at 2.88 g/t Au from 140.0 m, including 3.0 m at 8.25 g/t Au from 143.0 m
• KDD0091
o 5.0 m at 3.05 g/t Au from 28.0 m
o 15.5 m at 2.30 g/t Au from 123.0 m, including 8.0 m at 3.43 g/t Au from 126.0 m
• KDD0092
o 6.0 m at 2.05 g/t Au from 88.0 m
• KDD0093
o 6.0 m at 1.58 g/t Au from 76.0 m
o 7.95 m at 0.43 g/t Au from 106.0 m
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Edward Gosselin, CEO and Director of Kobo commented: “Our latest drilling has outlined additional strong
gold mineralization at the Road Cut Zone, highlighting its scale and the consistency of grades and widths
we are seeing along strike and down dip. Importantly, these results build on our understanding of the
structural setting at Kossou and will help guide how we advance the Road Cut Zone in parallel with the
Jagger Zone, including the structural corridor between the two targets.”
He continued: “With this phase of diamond drilling now complete, our team is focused on advancing a
larger, systematic program to further define the Jagger, Road Cut and Contact Zones, test the potential
connection of the gap between these Jagger and Road Cut Zones, and expand our footprint to new targets
identified at the Jagger South area and the underexplored western portion of the permit. Based on the work
completed to date, we remain confident in the scale and continuity of mineralization at Kossou and believe
the project continues to demonstrate significant potential as we move towards the next phase of drilling and
a maiden Mineral Resource Estimate.”
Road Cut Zone Results
Results from six diamond drill holes at the Road Cut Zone have been received. Holes KDD0088 to
KDD0090 were drilled on three sections (RCZ725 to RCZ775) (see Figure 1) to test gold mineralization
associated with diamond drill hole KDD0056, which previously returned 10.0 m at 4.57 g/t Au (see press
release dated January 30, 2025).
KDD0090 intersected two zones of strong gold mineralization: an upper intercept of 9.75 m at 1.69 g/t Au,
including 1.0 m at 11.20 g/t Au, highlighting the high-grade nature of the cross-cutting V2 veins within the
dominant northerly trending shear systems. The second intercept, 11.0 m at 2.88 g/t Au from 140.0 m,
including 3.0 m at 8.25 g/t Au from 143.0 m, supports the continuity of high-grade mineralization within a
previously identified structure (see Figure 2). Results from KDD0088 and KDD0089, which returned 3.5 m
at 2.33 g/t Au from 81.0 m, illustrate the variability of gold grades within the well-defined shear zones at
the Road Cut Zone. These mineralised zones remain open at depth and will be targeted in future drilling.
Figure 1: Road Cut Zone Drill Hole Locations and Simplified Geology
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Figure 2: Road Cut Zone Simplified Section – RCZ825
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A second set of holes, KDD0091 to KDD0093 (see Figure 3), targeted an area of artisanal mining
previously trenched and sampled by the Company, which returned strong gold mineralization including
trench KTR070 with 28.0 m at 4.44 g/t Au and trench KTR069 with 6.0 m at 2.50 g/t Au (see press
release dated December 5, 2023). Previous diamond drilling on this target also confirmed strong
mineralization, including hole KDD0012, which intersected 11.0 m at 1.71 g/t Au from 50.0 m (see press
release dated July 11, 2024).
All drill holes intersected significant gold mineralization, highlighted by KDD0091, which returned 15.55 m
at 2.30 g/t Au from 123.0 m, including 8.30 m at 3.43 g/t Au from 126.0 m. The mineralized zone is
characterized by strong shearing within the basaltic host rocks, cross-cut by a series of V2 and V1 veins
that are strongly altered and host gold mineralization that was consistent throughout the interval. This
zones shows excellent continuity from surface down dip on the section RCZ500 (see Figure 4).
Additional drilling is being planned to test these structures to the north and south along strike of shear
zone and to depth.
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Figure 3: Road Cut Zone Cross Section – RCZ500
Figure 4: Diamond Drill Hole KDD0091 – 15.55 m at 2.30 g/t Au, incl. 8.30 m at 3.43 g/t Au
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Testing Structural Corridor Between Jagger and Road Cut Zones
One hole, KDD0087, was drilled within the interpreted structural corridor between the Road Cut and Jagger
Zones. The hole intersected a well-defined shear zone near surface but did not return significant gold
mineralization. The presence of the shear structure provides further support for Kobo’s g eological
interpretation in this area. Additional drilling is planned to continue assessing the potential structural
linkages and mineralization continuity between these two high-priority targets.
Soil Geochemistry to Define Targets: South Jagger and Western Kossou Permit Area
The Company has extended detailed infill soil geochemistry across the South Jagger Zone, collecting 270
samples to date. Previous infill sampling on a 25 m by 25 m grid proved effective in defining drill -ready
targets at the Road Cut, Jagger and Kadie Zones further north. The South Jagger soil anomaly, which
consistently returned values up to 1000+ ppb Au, now extends over a distance greater than 2 km,
reinforcing its potential for follow-up drilling.
In addition, recent soil geochemical surveying has outlined a new northwest-trending anomaly of over 400
m in the western portion of the Kossou Permit, with individual sample results returning values up to 1,380
ppb gold. These results further support systematic target definition and demonstrate the upside potential
across less-explored portions of the permit.
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Update on Regional Exploration: Kotobi Permit
At the Kotobi Permit, the Company has collected 1,942 soil samples to date, with additional results pending.
Recent work has defined a 50+ ppb gold-in-soil anomaly extending over 400+ m of strike length, with
individual samples returning between 370 ppb and 1,420 ppb Au. Follow -up pitting and trenching are
currently underway to better define this anomaly and assess its potential for future exploration work.
Earn-In Agreement: NESDAVE MINING
Regional scale soil geochemical sampling is underway at the Akoboissue Permit (PR0970). Information
meetings are underway with local village chiefs and elders with respect to the Annépé Permit (PR0973)
and regional scale soil geochemical sampling is expected begin shortly.
Next Steps: Preparing for Expanded Drilling and maiden Mineral Resource Estimate at Kossou
With this current phase of drilling now complete, the Company’s exploration and technical team is
integrating the latest drill data into detailed geological models to refine its understanding of the structural
controls at the Jagger and Road Cut Zones. This work will directly inform the Company’s next major drill
campaign, which is anticipated to comprise more than 15,000 m of additional diamond drilling and begin in
H2 2025. This expanded program will prioritize systematic step-out and deeper drilling at the Jagger Zone
to support preliminary resource modelling, continue expansion drilling at the Road Cut Zone, and follow up
on the interpreted structural corridor between the two zones.
Further, the Company plans to advance the Contact Zone with targeted drilling based on structural mapping
completed to date and begin testing new targets on the western side of the Kossou Permit, supported by
recent soil geochemical results indicating a strong northwest -trending gold anomaly. This methodical
approach is designed to build on the Company’s drilling success to date, advance the potential for a future
maiden Mineral Resource Estimate, and support the Company’s broader strategy to unlock value within
Côte d’Ivoire’s highly prospective Birimian gold belt.
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
KDD0087 228681 775702 278 70 -50 113.00 NSR Jagger
KDD0088 228495 775956 289 70 -50 173.00 55.00 57.00 2.00 0.88 RCZ
81.00 84.50 3.50 2.33 RCZ
119.00 120.00 1.00 3.32 RCZ
143.00 144.00 1.00 1.61 RCZ
KDD0089 228487 775979 283 70 -50 179.00 59.00 62.00 3.00 0.56 RCZ
KDD0090 228500 775931 294 70 -50 182.00 67.25 77.00 9.75 1.69 RCZ
incl. 68.90 74.00 5.10 2.93 RCZ
incl. 68.90 70.00 1.00 11.20 RCZ
104.00 105.00 1.00 1.67 RCZ
140.00 151.00 11.00 2.88 RCZ
incl. 140.00 146.00 6.00 4.66 RCZ
incl. 143.00 146.00 3.00 8.25 RCZ
KDD0091 228480 776270 244 70 -50 161.00 28.00 33.00 5.00 3.05 RCZ
123.00 138.55 15.55 2.30 RCZ
incl. 126.00 138.55 12.55 2.77 RCZ
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incl. 126.00 134.30 8.30 3.43 RCZ
KDD0092 228529 776261 226 70 -50 116.00 88.00 94.00 6.00 2.05 RCZ
104.00 106.00 2.00 0.67 RCZ
112.00 115.00 3.00 0.76 RCZ
KDD0093 228510 776307 225 70 -50 116.00 76.00 82.00 6.00 1.58 RCZ
106.05 114.00 7.95 0.43 RCZ
Notes:
Cut-off using 2.0 m at 0.30 g/t Au
Intervals are reported with no more than 3 m of internal dilution of less than 0.3 g/t Au except where indicated*
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.
Sampling, QA/QC, and Analytical Procedures
Drill core was logged and sampled by Kobo personnel at site. Drill cores were sawn in half, with one half
remaining in the core box and the other half secured into new plastic sample bags with sample number
tickets. Core samples are drilled using HQ core barrels to below the level of oxidation and then reduced to
NQ core barrels for the remainder of the bore hole. Samples are transported to the SGS Côte d’Ivoire facility
in Yamoussoukro by Kobo personnel where the entire sample was prepared for analysis (pr ep code
PRP86/PRP94). Sample splits of 50 grams were then analysed for gold using 50g Fire Assay as per SGS
Geochem Method FAA505. QA/QC procedures for the drill program include insertion of a certificated
standards every 20 samples, a blank every 20 samples and a duplicate sample every 20 samples. All
QAQC control samples returned values within acceptable limits.
Review of Technical Information
The scientific and technical information in this press release has been reviewed and approved by Paul
Sarjeant, P.Geo., who is a Qualified Persons as defined in National Instrument 43-101. Mr. Sarjeant is the
President and Chief Operating Officer and Director of Kobo.
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 c apital city of
Yamoussoukro and is directly adjacent to one of the region’s largest gold mines with established processing facilities.
With over 18,500 metres of diamond drilling, nearly 5,900 metres of reverse circulation (RC) drilling, and 5,900 metres
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 mineralisation at the Jagger, Road
Cut, and Kadie Zones. The latest phase of drilling has further refined structural controls on gold mineralisation, 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.