Kobo Resources Commences 2025 Diamond Drill Program to Advance Priority Gold Targets at Kossou
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Figure 1: High Priority Gold Targets and Proposed Diamond Drill Hole Locations at Kossou
Key Highlights
- 2025 Diamond Drill Program Underway: The Company has commenced what could be its largest diamond drill program to date at Kossou, with the opportunity to conduct between 20,000–30,000 metres (“m”) of diamond drilling
- Phased Approach: The Company will conduct an initial 5,000–6,000 m drill program to establish the Kossou mineralisation model, test potential mineralisation at depth across the Jagger and Road Cut Zones and test the ~400 m undrilled gap between the Road Cut and the Jagger Zones
- Regional Exploration Advancing: Ongoing soil sampling, mapping, and rock sampling underway at the Company’s Kotobi Permit to refine new targets for future trenching or drilling programs
2025 Exploration Program Overview
The 2025 drill campaign will begin with a 5,000–6,000 m phase at the Jagger and Road Cut Zones, two of the most advanced gold targets at Kossou (see Figure 1). This initial phase is designed to establish the mineralisation model and to test depth of mineralisation, which is expected to inform subsequent phases of drilling. Pending results, the program is expected to expand into a broader campaign of up to 20,000–30,000 m, marking the Company’s largest diamond drill program to date.
At the
Several holes have been proposed to test the gap between the southern drilled extend of the
In addition, Kobo continues to advance exploration activities at its Kotobi Permit, located to the east of the Company’s
Atrium Research Initiates Coverage on
The Company is also pleased to share that
About
With over 15,000 meters of diamond drilling, nearly 5,900 meters of reverse circulation (RC) drilling, and 5,900 meters of trenching completed since 2023, Kobo has made significant progress in defining the scale and prospectivity of its Kossou’s
Beyond Kossou, the Company is advancing exploration at its Kotobi Permit and is actively expanding its land position in Côte d'Ivoire with prospective ground, aligning with its strategic vision for long-term growth in-country. Kobo remains committed to identifying and developing new opportunities to enhance its exploration portfolio within highly prospective gold regions of
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Cautionary Statement on Forward-looking Information:
This news release may contain “forward-looking information” and “forward-looking statements” (collectively, “forward-looking statements”) within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements, including statements related to the expected timing of commencement and completion of our diamond drill program and the results of the drill program. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable as at the date of this news release, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: general business, economic, competitive, political and social uncertainties; the inherent risks involved win the exploration and development of mineral properties; unanticipated costs and expenses; the delay or failure to receive board, shareholder or regulatory approvals; and other risk factors listed from time to time in our documents filed with Canadian securities regulators on SEDAR+ at www.sedarplus.ca. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this news release. Except as required by law, Kobo assumes no obligation and/or liability to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law.
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For further information, please contact:
Chief Executive Officer and Director
1-418-609-3587
ir@kobores.com
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