Kobo Resources Extends Highly Prospective Jagger Zone by 250 m South with Strong New Gold Intercepts, Including 7.0 m at 3.66 g/t Au and 4.0 m at 3.26 g/t Au Further drilling confirms additional, strong gold mineralization at Jagger Zone 250 m south of the
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PRESS RELEASE NOVEMBER 18, 2024
Kobo Resources Extends Highly Prospective Jagger Zone by 250 m
South with Strong New Gold Intercepts, Including 7.0 m at 3.66 g/t Au
and 4.0 m at 3.26 g/t Au
Further drilling confirms additional, strong gold mineralization at Jagger Zone 250 m south of the
core and fills critical gaps from previous exploration
QUEBEC CITY, QC – Kobo Resources Inc. ("Kobo” or the "Company") (TSX.V: KRI) is pleased to
announce additional gold intercepts from the Jagger Zone at its 100% -owned Kossou Gold Project
(“Kossou”) in Côte d’Ivoire. Results from six new diamond drill holes have extended mineralization by 250
metres (“m”) to the south and confirmed strong gold continuity within this previously untested gap area.
Notable intercepts include 7.0 m at 3.66 g/t Au, 4.0 m at 3.26 g/t Au, and 9.0 m at 1.39 g/t Au, underscoring
this target’s expanding exploration potential.
Diamond Drill Results – Highlights:
• KDD0031 – 4.0 m at 3.62 g/t Au from 255.0 m
• KDD0032 – 7.0 m at 3.66 g/t Au from 160.0 m
• KDD0034 – 9.0 m at 1.39 g/t Au from 106.0 m
Edward Gosselin, CEO and Director of Kobo commented: “The recent results from the Jagger Zone
underscore both the continuity and the significant scale of gold mineralization within this highly prospective
target, successfully extending the mineralized zone by 250 m to the south. These intercepts are part of our
broader 10,000 m diamond drilling program at the Kossou, which continues to validate the exploration
potential across the gold targets within our Côte d’Ivoire portfolio. With newly established infrastructure
allowing access to previously untested areas and a second drill rig now mobilized, we remain on track to
complete this drilling phase by mid-January 2025. We look forward to building on these results and
advancing Kossou’s potential through continued systematic exploration.”
Recent drill holes focused on the previously inaccessible area just south of the Jagger Zone core, where a
250 m gap in drilling remained due to prior topographical constraints (see Figure 1). With a newly
established network of roads and drill pads, Kobo successfully accessed this area, delineating gold
mineralization in the Jagger Shear Zone down to the 2023 Reverse Circulation (“RC”) holes on section JZ
1000. These results effectively extend the Jagger Shear Zone by an additional 250 m to the south. Complete
drill result details are available in Table 1.
Figure 1: Jagger Zone Drill Results and Collar Location Map
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Diamond drill holes KDD0031 to KDD0034, targeting sections JZ 750, JZ 800, JZ 850, and JZ 900,
reconfirmed the Jagger Shear Zone’s continuity and delineated zones of significant gold mineralization that
had not been previously identified, extending the zone by an additional 250 m to the south. Additional
parallel shear zones have also been identified.
Diamond drill hole KDD0032 intersected three mineralized shear zones, including 7.0 m at 3.66 g/t Au (from
160 m) along the structural footwall of the Jagger Shear (see Figure 2), as well as 3.0 m at 2.28 g/t Au (from
83 m) and 4.0 m at 1.42 g/t Au (from 94 m), demonstrating gold mineralization across the Jagger Shear
Zone. These zones are consistent with previous findings, with mineralization linked to well-defined shearing,
quartz-carbonate-tourmaline veining, silicification, and sericite-pyrite alteration.
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Figure 2: Section JZ 800 - Preliminary Geological Interpretation and Mineralised Zones
Drill hole KDD0031 intersected multiple zones of gold mineralization across the Jagger Shear Zone,
including 11.0 m at 0.35 g/t Au (from 116 m) and several sub-parallel structures on the footwall, such as
4.0 m at 3.26 g/t Au (from 255 m). See Figure 3 for section details. The deep structure intersected in
KDD0031 aligns with the mineralized zone intersected in KDD0028 on section JZ600 (8.0 m at 3.72 g/t Au).
See press release dated October 29, 2024, for more details.
Figure 3: Section JZ 750 - Preliminary Geological Interpretation and Mineralised Zones
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Broad zones of mineralization in KDD0034 on section JZ900 correlate with those exposed at surface in
trench KTR030a on section JZ700, featuring quartz feldspar porphyry intrusives, aplite dykes, and sheared
diorite lithologies. Results include 9.0 m at 1.39 g/t Au (from 106 m) and 10.0 m at 0.94 g/t Au (from 82 m).
See Figure 4 for section details.
Figure 4: Section JZ 900 - Preliminary Geological Interpretation and Mineralised Zones
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A similar observation can be made for drill hole KDD0033 on section JZ 850, where broad zones of sheared
volcanics and quartz-carbonate veining with gold mineralisation were identified.
The gold grades in KDD0035 (section JZ1000) and KDD0036 (section JZ1050) returned low, anomalous
gold grades within the Jagger Shear Zone. See Figure 1 for drill hole location.
Table 1: Summary of Significant Diamond Drill Hole Results
BHID East North Elev. Az. Dip Depth From
(m)
To
(m)
Int.
(m)
Au
g/t Target
KDD0031 229026 775138 346 70 -50 275.45 73.0 76.0 3.0 0.54 Jagger
KDD0031 96.0 98.0 2.0 0.56 Jagger
KDD0031 116.0 127.0 11.0 0.35 Jagger
KDD0031 153.0 157.0 4.0 0.37 Jagger
KDD0031 173.0 175.0 2.0 0.92 Jagger
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KDD0031 204.0 206.0 2.0 1.92 Jagger
KDD0031 210.0 214.0 4.0 0.42 Jagger
KDD0031 255.0 259.0 4.0 3.26 Jagger
KDD0032 229023 775084 351 70 -50 203.45 83.0 86.0 3.0 2.28 Jagger
KDD0032 94.0 98.0 4.0 1.42 Jagger
KDD0032 126.0 128.0 2.0 0.67 Jagger
KDD0032 161.0 167.0 7.0 3.66 Jagger
KDD0033 229032 775034 354 70 -50 221.45 33.0 34.0 1.0 1.81* Jagger
KDD0033 40.0 41.0 1.0 1.43* Jagger
KDD0033 83.0 85.0 2.0 0.83 Jagger
KDD0033 97.0 104.0 7.0 0.80 Jagger
KDD0034 229036 774982 355 70 -50 200.45 82.0 92.0 10.0 0.94 Jagger
KDD0034 96.0 99.0 3.0 0.47 Jagger
KDD0034 106.0 115.0 9.0 1.39 Jagger
KDD0034 125.0 131.0 6.0 0.36 Jagger
KDD0035 229005 774864 370 70 -50 224.45 NSR
KDD0036 229016 774815 379 70 -50 221.45 NSR
Notes:
• Intervals are reported >0.30 g/t over minimum 2.0 m, with no more than 3.0 m of continuous internal dilution except
where indicated.
An accurate dip and strike and controls of mineralisation are unconfirmed at this time and the true width of
mineralisation are unconfirmed at this time. Drill holes are planned to intersect mineralised zones
perpendicular to interpreted targets. All intercepts reported are downhole distances.
Sampling, QAQC, 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. Samples are transported to the SGS Côte d’Ivoire facility in Yamoussoukro by Kobo personnel
where the entire sample was prepared for analysis (prep code PRP86/PRP94). Sample splits of 50 grams
were then analysed for gold using 50g Fire Assay as per SGS Geochem Method FAA505 . QAQC
procedures for the drill program include insertion of a certificated standards every 20 samples, a blank
every 20 samples and a duplicate sample (split of the 1 m original 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.
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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.
The Company is drilling to unlock the potential size and scale of Kossou within 9+ km strike length of highly prospective
gold in soil geochemical anomalies with excellent rock and trench sampling, as well as drill results. Significant gold
mineralisation has been identified at three main targets within a 300 m wide, 2+ km long, pervasively altered structural
corridor defining a potentially large orogenic gold system. In 2023, the Company completed approximately 5,900 meters
of reverse circulation (RC) drilling and 5,400 meters of trenching, alongside 4,368 meters of diamond drilling in 2024.
Moving forward, the Company is conducting an additional 10,000 meters of core diamond drilling during the remainder
of 2024 at key targets at the Kossou Gold Project. The Company also plans on additional exploration on its Kotobi
Permit and pending approval for over 600 km2 of prospective ground as part of its strategic efforts to expand its footprint
in Côte d'Ivoire.
Kobo remains committed to identifying and developing new opportunities to enhance its land position and growth in the
region. 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.
###
For further information, please contact:
Edward Gosselin
Chief Executive Officer and Director
1-418-609-3587
Twitter: @KoboResources | LinkedIn: Kobo Resources Inc.
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POLICIES OF THE TSXV) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
Cautionary Statement on Forward-looking Information:
This news release contains “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 and are based on expectations, estimates and projections
as at the date of this news release. 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
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required by law, Kobo assumes no obligation and/or liability to update the forward-looking statements of beliefs,
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