New High-Grade Gold Intersections From Initial Trenching At Kadie Zone

QUEBEC CITY - Kobo Resources Inc. announced high-grade gold mineralisation in initial trenching at the Kadie Zone and additional broad intersections at Jagger Zone as part of the ongoing exploration program at its Kossou Gold Project located in Côte d’Ivoire, West Africa.

Highlights: KTR036: 5.16 g/t Au over 11 m, including 12.92 g/t Au over 4 m (Kadie Zone); KTR043: 1.83 g/t Au over 68 m, including 8.20 g/t Au over 9 m and 42.75 g/t Au over 2 m (Jagger Zone); and this past month, Kobo’s structural geology expert has been completing detailed structural mapping across of Kossou, including the Jagger, Road Cut and Kadie Zones

Edward Gosselin, CEO and Director, said, “The positive results at the Jagger Zone and new discoveries at the Kadie Zone are very exciting and confirm our interpretation that the property contains a large mineralised system. Our exploration team continues to follow a well-defined exploration strategy at Kossou: identify strong gold anomalies in soil, conduct trenching work to better understand the geology of the target, and conclude with drilling activities.” He continued: “According to our early drill results, our targeting of soil geochemical anomalies has been highly effective, and the Kadie Zone is likely to become a significant new drill target in the future. As additional mineralised trenches are exposed across the property, we are gaining a better understanding of the structural controls of high-grade mineralisation. We plan to commence an initial diamond drill program at the Kadie Zone and additional drilling at the Jagger, and Road Cut Zones as soon as possible.”