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KRI: Extends Mineralization 150m along Contact Zone Fault

What you need to know:
• Kobo announced six drill hole results in the Jagger and Road Cut zones at its 100% owned Kossou Project in Côte d’Ivoire.
• Drilling extended mineralization more than 150m down dip along the Contact Zone Fault and confirmed broad and continuous mineralization at depth at the Jagger Zone.
• Mineralization remains open along strike and at depth, and drilling continues, leading up to the inaugural mineral resource estimate planned for Q2/26.

This morning, Kobo Resources (KRI:TSXV) released results from an additional six holes in the Jagger and Road Cut zones from its ongoing diamond drill campaign at the Kossou Gold Project in Cote d’Ivoire. Drilling successfully extended gold mineralization at depth and continued to define the Contact Zone Fault. Ongoing results continue to confirm continuity in both the Jagger and Road Cut zones. We are maintaining our BUY rating and target price of $0.60/share on KRI.

Highlights
Road Cut Zone:
• KDD0142:
o 2.39 g/t Au over 4m (from 139m)
o 1.89 g/t Au over 6m (from 232m)
o 1.54 g/t Au over 11m (from 380m)
o 1.84 g/t Au over 5m (from 395m)

Jagger Zone:
• KDD0138:
o 1.77 g/t Au over 13m (from 269m), including 3.32 g/t over 4m
o 26.08 g/t Au over 2.0m (from 342m)
• KDD0141:
o 0.87 g/t Au over 22m (from 270m), including 1.09 g/t Au over 14m

Mineralization was extended by over 150m down-dip along the Contact Zone Fault from drilling at the Road Cut Zone. While at the Jagger Zone, high grades at depth and broad zones of mineralization continue to highlight the system’s scale and vertical continuity. Mineralization in both zones remain open as the Company is continuing its systematic drill campaign ahead of a resource estimate.