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KRI.V ·

Kobo Resources Intersects Strong Gold Results Across All Three

Drill Results

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PRESS RELEASE MARCH 31, 2026

Kobo Resources Intersects Strong Gold Results Across All Three

Zones at Kossou, Including 7.0 m at 5.06 g/t Au at the Road Cut Zone

• High-grade gold results returned from the Road Cut Zone with 7.0 m at 5.06 g/t Au incl. 1.0

m at 20.00 g/t Au, with encouraging gold mineralisation intersected along the Contact Zone

Fault area

• Strong gold mineralisation intersected in all three Kadie Zone holes, with the best result of

8.0 m at 1.35 g/t Au, confirming down-dip continuity from near-surface intersections

• Follow up drilling on the Jagger Zone southern extension returned improving grades at

depth, highlighted by 4.0 m at 1.57 g/t Au and 7.0 m at 1.14 g/t Au

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

diamond drill results from ten additional holes completed across the Jagger, Road Cut, and Kadie Zones

at its 100%-owned Kossou Gold Project ("Kossou") in Côte d'Ivoire. Results continue to confirm strong

gold mineralisation along strike and at depth across all three high-priority targets at Kossou.

At the Road Cut Zone, drilling along the Contact Zone Fault area continues to return encouraging gold

intersections establishing it as a priority target for follow-up drilling. The Company expects to continue

expanding the envelope of gold mineralisation across Kossou’s three primary target areas as it advances

toward a maiden Mineral Resource Estimate (“MRE”) later this year.

Diamond Drill Results – Highlights:

Road Cut Zone:

• KDD0151

o 7.0 metres ("m”) at 5.06 g/t Au from 32.0 m, incl. 1.0 m at 20.00 g/t Au

o 3.0 m at 1.10 g/t Au from 61.0 m

• KDD0148

o 13.0.0 m at 1.05 g/t Au from 27.0 m, incl. 7.0 m at 1.55 g/t Au

o 7.0 m at 1.60 g/t Au from 48.0 m, incl. 4.0 m at 2.2 g/t Au

• KDD0149

o 3.0 m at 3.05 g/t Au from 89.0 m

• KDD0147

o 5.0 m at 1.59 g/t Au from 44.0 m

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Jagger Zone :

• KDD0143

o 4.0 m at 1.57 g/t Au from 103.0 m

o 7.0 m at 1.14 g/t Au from 123.0 m

Kadie Zone :

• KDD0146

o 8.0 m at 1.35 g/t Au from 69.0 m, incl. 1.0 m at 8.91 g/t Au

Edward Gosselin, CEO and Director of Kobo commented: “We are extremely pleased with this round of

results across all three zones, particularly on the main Road Cut Zone shear where KDD0151 returned 7.0

m at 5.06 g/t Au. The Contact Zone Fault area continues to return promising gold intersections and we see

good potential to extend this system further along strike to the north and south. The Kadie Zone has also

returned strong gold mineralisation in all three holes drilled and the results confirm that the grades

intersected in trenches and near surface drill holes persist to deeper levels.”

He continued: “At the Jagger Zone, we remain encouraged that grades returned are improving as we drill

deeper and further south, and we believe that part of the system warrants follow up drilling. With three

compelling targets returning encouraging results and the potential developing Contact Zone Fault, we

expect to continue advancing drilling and move toward a maiden MRE later this year, with the recently

announced financing expected to support ongoing work.”

Road Cut Zone: High-Grade Shear System with Strong Gold Results Along the Contact Zone Fault

Six drill holes were completed at the Road Cut Zone, targeting both the main shear and the Contact Zone

Fault area (see Figure 1). Results for all significant drill intercepts can be found in Table 1.

Three holes, KDD0147 (section RCZ600), KDD0148 (section RCZ550) and KDD0149 (section RCZ400),

were drilled to test near-surface mineralisation along the Contact Zone Fault and each returned significant

gold intercepts. Highlights include 13.0 m at 1.05 g/t Au from 27.0 m, including 7.0 m at 1.55 g/t Au in

KDD0148, along with a second interval of 7.0 m at 1.60 g/t Au from 48.0 m, and 3.0 m at 3.05 g/t Au in

KDD0149. Hole KDD0147 also intersected multiple mineralised intervals, including 5.0 m at 1.59 g/t Au

from 44.0 m. This latter hole was drilled on the same section (RCZ600) as hole KDD0142, previously

reported in press release dated February 9, 2026. The Company plans on drilling beneath KDD0052

(section RCZ550) to extend gold mineralisation to depth.

These results continue to confirm consistent gold mineralisation along and adjacent to the Contact Zone

Fault across all holes tested to date. The system remains open to the south of section RCZ600, with

additional step out drilling planned to extend mineralisation to the south and to depth where warranted.

On the main Road Cut Zone shear, KDD0151 (section RCZ250) intersected 7.0 m at 5.06 g/t Au from

32.0 m, associated with quartz veining within oxidised basalts (see Figure 2). This hole overcut KDD0057,

which previously returned 4.0 m at 1.44 g/t Au (see press release dated January 30, 2025), confirming up-

dip continuity of the shear zone. Further drilling is planned below KDD0057 targeting the main RCZ shear

system that is showing strong grades in this area. Hole KDD0150 (section RCZ200) also intersected

modest gold mineralisation associated with the main RCZ shear zone. Both drill holes in this area also

intersected gold mineralisation along the Contact Zone Fault indicating the system still possesses gold

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potential in this area. Additional step out drilling at depth and to the north is being planned to extend gold

zones along the RCZ Shear and the Contact Zone Fault systems.

Figure 1: Road Cut Zone Drill Hole Locations and Simplified Geology

Figure 2: Road Cut Zone Simplified Cross Section – RCZ250

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Figure 3: Road Cut Zone Simplified Cross Section – RCZ550

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Figure 4: Road Cut Zone Simplified Cross Section – RCZ600

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Kadie Zone: Mineralisation Confirmed in Every Hole, Down-Dip Continuity Established

Three drill holes were completed at the Kadie Zone between sections KZ200 and KZ300, with all holes

intersecting gold mineralisation (see Figure 5).

The strongest result was returned from KDD0146 on section KZ250, which intersected 8.0 m at 1.35 g/t

Au from 69.0 m, including 1.0 m at 8.91 g/t Au (see Figure 6). This intersection represents the down-dip

extension of mineralisation previously reported in KDD0044, which returned 5.0 m at 1.16 g/t Au, 4.0 m at

1.16 g/t Au and 6.0 m at 2.39 g/t Au (see press release dated January 13, 2025). Further north 50 m,

KDD0145 intersected 3.0 m at 1.45 g/t Au within the expect shear corridor indicating northerly continuation

of the zone.

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Mineralisation is associated with quartz veining within a well-defined shear zone, consistent with previous

drilling at the Kadie Zone. The zone remains open at depth and along strike, with additional drilling planned

to further define and expand mineralisation.

Figure 5: Kadie Zone Drill Hole Locations and Simplified Geology

Figure 6: Kadie Zone Simplified Cross Section – KZ250

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Jagger Zone: Southern Extension Intersected at Depth with Stronger Grades

One drill hole, KDD0143, was completed on section JZ950 to test the southern extension of the main

Jagger shear system. See Figure 7 for collar locations at the Jagger Zone. The hole intersected two zones

of gold mineralisation, including 4.0 m at 1.57 g/t Au from 103.0 m and 7.0 m at 1.14 g/t Au from 123.0 m.