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• Kobo announced results from its ongoing 2025 diamond drill program with an impressive, and shallow, highlight intercept of 3.87 g/t Au over 17m.
• Today’s results represent the first six holes from KRI’s ongoing 12,000-15,000m diamond drill program (launched on September 4th, 2025).
• Over the last 2 months, KRI has had several other updates, including the closing of a financing for $4M (not including in our assumed cash balance), the recommencement of its 2025 drill program, and the announcement of a new earn-in agreement on the Yakassé Gold Project.
This morning, Kobo Resources (KRI:TSXV) announced drill results from six diamond drill holes at its 100%-owned Kossou Gold Project. The results come from the Jagger and Road Cut Zones, confirming strong continuity and high-grade gold as the Company moves towards its inaugural mineral resource estimate. The highlight intercept from today’s release was 3.87 g/t Au over 22.0m, including 6.84 g/t Au over 9.0m, starting near surface from 22.0m. This drilling is part of the Company’s ongoing 12,000-15,000m H2/25 diamond drill program. Drilling remains on track to report KRI’s maiden resource estimate in Q1/26. We are maintaining our BUY rating and $0.55/share target price on KRI.
All six holes intersected gold mineralization with several returning high grades, confirming continuity of the shear and vein systems along strike and depth.
Highlights Include:
Road Cut Zone
• KDD0088: 3.78 g/t Au over 17.0m from 22m, including 6.84 g/t over 9.0m.
• KDD0098: 1.48 g/t Au over 6.0m from 157m.
• KDD0099: 2.82 g/t Au over 5.0m from 170 (Contact Zone Target).
Jagger Zone
• KDD0096: 1.48 g/t Au over 4.0m from 21m, 2.34 g/t over 3.0m from 31m, and 1.41 g/t over 5.0m from 106.0m.
• KDD0097: 2.30 g/t Au over 4.0m from 240.0m and 1.52 g/t Au over 6.0m from 350m.
The ongoing drill campaign is focused on systematically expanding known mineralized zones at the Jagger and Road Cut Zones while also testing the structural corridor that links them. 17 holes have been completed of the planned 38-hole program. We remind readers of the fast assay turnaround time for KRI, and as such, we expect drill results to roll out consistently over the next 2-3 months.
KRI: High Grade Hit at the Road Cut Zone & More Drill Results
What you need to know:• Kobo announced results from its ongoing 2025 diamond drill program with an impressive, and shallow, highlight intercept of 3.87 g/t Au over 17m.
• Today’s results represent the first six holes from KRI’s ongoing 12,000-15,000m diamond drill program (launched on September 4th, 2025).
• Over the last 2 months, KRI has had several other updates, including the closing of a financing for $4M (not including in our assumed cash balance), the recommencement of its 2025 drill program, and the announcement of a new earn-in agreement on the Yakassé Gold Project.
This morning, Kobo Resources (KRI:TSXV) announced drill results from six diamond drill holes at its 100%-owned Kossou Gold Project. The results come from the Jagger and Road Cut Zones, confirming strong continuity and high-grade gold as the Company moves towards its inaugural mineral resource estimate. The highlight intercept from today’s release was 3.87 g/t Au over 22.0m, including 6.84 g/t Au over 9.0m, starting near surface from 22.0m. This drilling is part of the Company’s ongoing 12,000-15,000m H2/25 diamond drill program. Drilling remains on track to report KRI’s maiden resource estimate in Q1/26. We are maintaining our BUY rating and $0.55/share target price on KRI.
All six holes intersected gold mineralization with several returning high grades, confirming continuity of the shear and vein systems along strike and depth.
Highlights Include:
Road Cut Zone
• KDD0088: 3.78 g/t Au over 17.0m from 22m, including 6.84 g/t over 9.0m.
• KDD0098: 1.48 g/t Au over 6.0m from 157m.
• KDD0099: 2.82 g/t Au over 5.0m from 170 (Contact Zone Target).
Jagger Zone
• KDD0096: 1.48 g/t Au over 4.0m from 21m, 2.34 g/t over 3.0m from 31m, and 1.41 g/t over 5.0m from 106.0m.
• KDD0097: 2.30 g/t Au over 4.0m from 240.0m and 1.52 g/t Au over 6.0m from 350m.
The ongoing drill campaign is focused on systematically expanding known mineralized zones at the Jagger and Road Cut Zones while also testing the structural corridor that links them. 17 holes have been completed of the planned 38-hole program. We remind readers of the fast assay turnaround time for KRI, and as such, we expect drill results to roll out consistently over the next 2-3 months.
Underlying
Kobo Resources Inc.
Provider
Atrium Research Corporation
Atrium Research provides institutional quality issuer paid research on North American public equities using deep fundamental analysis. Our research reports are disseminated through Bloomberg, FactSet, Capital IQ, Reuters and many more, as well as through our social media and email distribution lists.
Ben Pirie
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