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KRI: Drill Results Confirm Continuity Across Three Zones

What you need to know:
• Kobo reported drill results from 10 holes across the Jagger, Road Cut and Kadie Zones at its Kossou Gold Project in Côte d’Ivoire.
• The headline intercept, KDD0151, returned 5.06 g/t Au over 7.0m on the main Road Cut Zone shear, including 20.00 g/t Au over 1.0m.
• The Kadie Zone returned mineralization in all three holes, establishing the zone as a meaningful MRE contributor.
• The Company continues to advance toward a maiden MRE later in 2026, with a recently announced financing expected to support ongoing work.

Yesterday, Kobo Resources (KRI:TSXV) reported drill results from 10 additional holes completed across the Jagger, Road Cut, and Kadie Zones at its 100%-owned Kossou Gold Project in Cote d'Ivoire. Results confirm strong gold mineralization along strike and at depth across all three high-priority targets. The headline intercept came from hole KDD0151 at the Road Cut Zone, which returned 5.06 g/t Au over 7.0m from 32.0m depth, including 20.00 g/t Au over 1.0m.

Drilling along the Contact Zone Fault continues to deliver consistent gold intersections. The Kadie Zone returned mineralization in every hole drilled with down-dip continuity now established, and the Jagger Zone southern extension is showing improving grades at depth. The Company is advancing toward a maiden MRE later this year, supported by the recently announced financing. We are maintaining our BUY rating and target price of $0.60/share on KRI.

Highlights
Road Cut Zone:
• KDD0151:
o 5.06 g/t Au over 7m (from 32m), including 20.00 g/t Au over 1m
o 1.10 g/t Au over 3m (from 61m)
• KDD0148:
o 1.05 g/t Au over 13m (from 27m), including 1.55 g/t Au over 7m
o 1.60 g/t Au over 7m (from 48m), including 2.20 g/t Au over 4m
• KDD0149:
o 3.05 g/t Au over 3m (from 89m)
• KDD0147:
o 1.59 g/t Au over 5m (from 44m)