Kobo Resources Intersects 21.5 m at 1.14 g/t Au and 20.0 m at 1.41 g/t Au at the Jagger Zone and Files FY 2025 Financial Results
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PRESS RELEASE JUNE 19, 2024
Kobo Resources Intersects 21.5 m at 1.14 g/t Au and 20.0 m at 1.41 g/t
Au at the Jagger Zone and Files FY 2025 Financial Results
• All reported holes intersected gold mineralization, reinforcing continuity and improving
structural understanding at the Jagger Zone
• Results support the Company’s systematic exploration and targeting approach for further
resource definition at Kossou
QUEBEC CITY, QC – Kobo Resources Inc. ("Kobo” or the "Company") (TSX.V: KRI) is pleased to
announce additional diamond drill results from the ongoing exploration program at its 100%-owned Kossou
Gold Project (“Kossou”) in Côte d’Ivoire. Results from the Jagger Zone continue to confirm broad zones of
mineralisation and extend the footprint of gold-bearing structures along strike and at depth.
Diamond Drill Results – Highlights:
Jagger Zone:
• KDD0081
o 8.0 m at 2.13 g/t Au from 140.0 metres (“m”), including 2.0 m at 7.00 g/t Au from 140.0
m
• KDD0082
o 30.0 m at 0.64 g/t Au from 128.0 m, including 10.25 m at 0.80 g/t Au, from 128.0 m and
2.0 m at 1.90 g/t Au from 143.0 m
• KDD0083
o 7.0 m at 1.18 g/t Au from 123.0 m
o 6.0 m at 2.07 g/t Au from 138.0 m, including 1.0 m at 8.47 g/t Au from 64.0 m
o 7.3 m at 1.63 g/t Au from 95.0 m
• KDD0084
o 8.0 m at 1.41 g/t Au from 88.0 m
o 21.5* m at 1.14 g/t Au from 106.0 m, including 4.0 m at 1.98 g/t Au from 106.0 m, 4.0
m at 1.27 g/t Au from 115.0 m, and 1.5 m at 4.93 g/t Au from 126.0 m
• KDD0085
o 20.0 m at 1.41* g/t Au from 106.0 m, including 5.0 m at 3.70 g/t Au from 121.0 m and
including 2.0 m at 8.47 g/t Au from 123.0 m
Edward Gosselin, CEO and Director of Kobo commented: “These latest results reinforce the scale and
continuity of gold mineralisation at the Jagger Zone. We are encouraged by the width and tenor of the
intercepts, which continue to validate our structural model and further support our systematic exploration
approach at Kossou. With drilling still underway across our other high-priority targets, we are well-positioned
to advance Kossou toward its maiden resource estimate next year as our exploration work continues.”
Jagger Zone Drilling Highlights Scale and Continuity
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Results from seven diamond drill holes (KDD0080 to KDD0086), completed on sections JZ 525 to JZ 725
within the Jagger Zone, have been received and continue to expand the Company’s understanding of this
highly prospective target (see Figure 1).
Figure 1: Jagger Zone Drill Hole Locations and Simplified Geology
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Gold mineralisation is hosted within and along the contacts of quartz feldspar porphyry and diorite
intrusions, as well as within sheared contacts of basaltic massive and pillowed flow units. These structures
define significant, laterally and vertically continuous gold-bearing zones that are traceable along strike and
down dip. Notably, wide mineralised intervals in hole KDD0084, including 8.0 m at 1.41 g/t Au from 88.0 m
and 21.5 m at 1.14 g/t Au* from 106.0 m (see Figure 2), demonstrate the presence of multiple stacked gold
zones across the broader Jagger Shear Zone.
Figure 2: Jagger Zone Cross Section – JZ 675
On section JZ 700, gold mineralisation continues to demonstrate strong continuity and consistent geological
associations observed in earlier drilling. Notable intercepts include 20.0 m at 1.41 g/t Au* from 106.0 m,
including 5.0 m at 3.70 g/t Au, and 7.0 m at 1.20 g/t Au from 154.0 m. These results support the broader
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interpretation of the Jagger Shear Zone as a robust, multi -zone gold system and correlate well with
previously reported drill holes and surface trench KTR030a (see Figure 3 for Section JZ 700.)
Figure 3: Jagger Zone Cross Section – JZ 700
Geological and Structural Setting of Gold Mineralisation at Kossou and the Jagger Zone
Gold mineralisation at Kossou is hosted within a N-S trending, steeply west-dipping deformation corridor
associated with the regional Contact Zone Fault, which separates basaltic volcanic flows from volcano-
sedimentary rocks. Within this corridor, the “Jagger Shear Corridor”, brittle-ductile shear zones act as the
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primary structural controls on gold emplacement, particularly where lithological contrasts occur between
basaltic units and intrusive rocks, including diorite and quartz-feldspar porphyry dykes.
At the Jagger Zone, the main shear system is developed within a zone approximately 70-m wide and is
closely associated with intrusive contacts. Drill core analysis has identified multiple quartz vein generations
related to mineralisation. The V1 vein set consists of quartz veins and veinlets parallel to the S1 foliation,
commonly occurring within the main shear zones and bearing gold. The dominant mineralized structures,
however, are V2A veins, which trend west-northwest to northwest and are prominent both within and
adjacent to the shears. A secondary vein set, V2B, is characterized by sub-horizontal hairline fractures and
veinlets, which carry only sporadic gold mineralisation.
Drilling to date indicates that gold mineralisation pinches and swells along strike and at depth, consistent
with structurally controlled orogenic gold systems commonly found within the Birimian terrane of West
Africa.
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
KDD0080 228997 775340 338 70 -50 233.05 32.00 34.00 2.00 1.80 Jagger
49.00 51.00 2.00 2.18 Jagger
60.00 61.00 1.00 2.31 Jagger
70.00 76.00 6.00 0.91 Jagger
100.00 102.20 2.20 0.99 Jagger
115.00 117.00 2.00 0.59 Jagger
126.00 127.00 1.00 1.86 Jagger
181.00 182.00 1.00 1.10 Jagger
201.00 207.05 6.05 0.67 Jagger
incl. 205.00 207.05 2.05 1.43 Jagger
221.85 223.00 1.15 1.19 Jagger
KDD0081 228958 775353 333 70 -50 266.05 31.00 32.00 1.00 2.02 Jagger
45.00 46.00 1.00 1.52 Jagger
70.00 72.40 2.40 1.04 Jagger
78.00 80.00 2.00 0.67 Jagger
123.00 124.00 1.00 1.49 Jagger
130.00 133.00 3.00 1.15 Jagger
140.00 148.00 8.00 2.13 Jagger
incl. 140.00 142.00 2.00 7.00 Jagger
175.10 176.20 1.10 1.79 Jagger
KDD0082 228973 775257 364 70 -50 293.05 22.00 23.00 1.00 1.51 Jagger
104.00 105.00 1.00 6.61 Jagger
110.00 111.00 1.00 1.42 Jagger
128.00 158.00 30.00 0.64* Jagger
incl. 128.00 138.25 10.25 0.80 Jagger
incl. 143.00 145.00 2.00 1.90 Jagger
incl. 148.00 158.00 10.00 0.60 Jagger
161.40 164.00 2.60 0.65 Jagger
KDD0083 229013 775240 361 70 -50 236.05 32.00 33.00 1.00 3.73 Jagger
62.00 63.00 1.00 3.17 Jagger
71.00 72.00 1.00 8.42 Jagger
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80.00 84.00 4.00 0.87 Jagger
100.00 101.00 1.00 1.33 Jagger
104.00 105.00 2.00 1.29 Jagger
109.40 117.00 7.60 0.35 Jagger
123.00 130.00 7.00 1.18 Jagger
138.00 144.00 6.00 2.07 Jagger
161.00 163.60 2.60 1.04 Jagger
KDD0084 229018 775216 361 70 -50 164.05 67.00 69.00 2.00 0.83 Jagger
80.00 83.00 3.00 1.00 Jagger
88.00 96.00 8.00 1.41 Jagger
106.00 127.50 21.50 1.14* Jagger
incl. 106.00 110.00 4.00 1.99 Jagger
incl. 115.00 119.00 4.00 1.27 Jagger
incl. 126.00 127.50 1.50 4.93 Jagger
KDD0085 228982 775175 358 70 -50 182.05 83.00 84.00 1.00 2.38 Jagger
106.00 126.00 20.00 1.41* Jagger
incl. 113.00 117.00 4.00 1.25 Jagger
incl. 121.00 126.00 5.00 3.70 Jagger
incl. 123.00 125.00 2.00 8.47 Jagger
154.00 161.00 7.00 1.20 Jagger
169.00 172.00 3.00 1.38 Jagger
KDD0086 229024 775165 345 70 -50 143.00 71.60 73.00 1.40 1.63 Jagger
82.00 89.00 7.00 1.04 Jagger
95.00 107.00 12.00 0.68 Jagger
118.00 123.00 5.00 0.69 Jagger
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 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.
The Company also reports the filing of its audited consolidated financial statements for the twelve-month
period ended March 31, 2025, and related management’s discussion and analysis. Copies of these financial
statements and related management's discussion and analysis can be found on the Company’ s issuer
profile on SEDAR+ at www.sedarplus.ca as well as on the Company’s website at www.koboresources.com.
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 HQ to below oxidation level and then is reduced to NQ for the remainder
of the drill hole. 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.
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 (split of the 1 m original sample) every 20 samples. All
QAQC control samples returned values within acceptable limits.
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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 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 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.
###
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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