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• Kobo announced drill results from the ongoing 2025 exploration campaign at its Kossou Gold Project in Côte d'Ivoire.
• Six diamond drill holes targeting the Road Cut Zone were reported in today’s press release with several broad intervals of high-grade gold.
• The Company continues to test new areas and define new targets across the Kossou Project exploration work ongoing at the South Jagger Zone.
• A 15,000m drill program is being modelled and planned for H2/25.
This morning, Kobo Resources (KRI:TSXV) announced drill results from six diamond drill holes at its Kossou Gold Project in Côte d'Ivoire. Today’s results were mainly from the Road Cut Zone, which continue to outline strong gold mineralization across wide intervals. Today’s results strengthen management’s understanding of the key structural controls that define this prospective target. Also in today’s release, KRI outlined a 15,000m drill program for H2/25, highlighting that it remains on track to report a maiden resource estimate next year. We are maintaining our BUY rating and $0.55/share target price on KRI.
The Company also announced that it has completed its initial test of the gap between the Road Cut and Jagger Zones. This was tested through one hole (KDD0087), which intersected a well-defined shear zone near surface but did not return significant gold mineralization. The discovery of the shear structure supports further investigation in this area. Also in this release, KRI announced it is continuing regional exploration activities at the South Jagger and Western Kossou Permit Areas. This work includes soil geochemistry sampling to derive high-priority targets going forward. Additionally, the Company has collected 1,942 soil samples at the Kotobi Permit. More information about this work can be found on pages 2-4.
Highlights from the Road Cut Zone Drill Results Include:
• KDD0088: 2.33 g/t Au over 3.5m & 3.32 g/t over 1.0m
• KDD0090: 1.69 g/t Au over 9.75m, including 2.93 g/t over 5.10m, and 11.30 g/t over 1.0m, and 2.88 g/t over 11.0m, including 8.25 g/t over 3.0m
• KDD0091: 3.05 g/t Au over 5.0m and 2.30 g/t Au over 15.5m, including 3.43 g/t over 8.0m
• KDD0092: 2.05 g/t Au over 6.0m
• KDD0093: 1.58 g/t Au over 6.0m and 0.43 g/t over 7.95m
KRI: Road Cut Zone Drill Results & Next Phase Laid Out
What you need to know:• Kobo announced drill results from the ongoing 2025 exploration campaign at its Kossou Gold Project in Côte d'Ivoire.
• Six diamond drill holes targeting the Road Cut Zone were reported in today’s press release with several broad intervals of high-grade gold.
• The Company continues to test new areas and define new targets across the Kossou Project exploration work ongoing at the South Jagger Zone.
• A 15,000m drill program is being modelled and planned for H2/25.
This morning, Kobo Resources (KRI:TSXV) announced drill results from six diamond drill holes at its Kossou Gold Project in Côte d'Ivoire. Today’s results were mainly from the Road Cut Zone, which continue to outline strong gold mineralization across wide intervals. Today’s results strengthen management’s understanding of the key structural controls that define this prospective target. Also in today’s release, KRI outlined a 15,000m drill program for H2/25, highlighting that it remains on track to report a maiden resource estimate next year. We are maintaining our BUY rating and $0.55/share target price on KRI.
The Company also announced that it has completed its initial test of the gap between the Road Cut and Jagger Zones. This was tested through one hole (KDD0087), which intersected a well-defined shear zone near surface but did not return significant gold mineralization. The discovery of the shear structure supports further investigation in this area. Also in this release, KRI announced it is continuing regional exploration activities at the South Jagger and Western Kossou Permit Areas. This work includes soil geochemistry sampling to derive high-priority targets going forward. Additionally, the Company has collected 1,942 soil samples at the Kotobi Permit. More information about this work can be found on pages 2-4.
Highlights from the Road Cut Zone Drill Results Include:
• KDD0088: 2.33 g/t Au over 3.5m & 3.32 g/t over 1.0m
• KDD0090: 1.69 g/t Au over 9.75m, including 2.93 g/t over 5.10m, and 11.30 g/t over 1.0m, and 2.88 g/t over 11.0m, including 8.25 g/t over 3.0m
• KDD0091: 3.05 g/t Au over 5.0m and 2.30 g/t Au over 15.5m, including 3.43 g/t over 8.0m
• KDD0092: 2.05 g/t Au over 6.0m
• KDD0093: 1.58 g/t Au over 6.0m and 0.43 g/t over 7.95m
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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