Kobo Resources Extends Highly Prospective Jagger Zone by 250 m South with Strong New Gold Intercepts, Including 7.0 m at 3.66 g/t Au and 4.0 m at 3.26 g/t Au

Further drilling confirms additional, strong gold mineralization at Jagger Zone 250 m south of the core and fills critical gaps from previous exploration

QUEBEC CITY–(BUSINESS WIRE)–Kobo Resources Inc. (“Kobo or the “Company“) (TSX.V: KRI) is pleased to announce additional gold intercepts from the Jagger Zone at its 100%-owned Kossou Gold Project (Kossou) in Côte d’Ivoire. Results from six new diamond drill holes have extended mineralization by 250 metres (m) to the south and confirmed strong gold continuity within this previously untested gap area. Notable intercepts include 7.0 m at 3.66 g/t Au, 4.0 m at 3.26 g/t Au, and 9.0 m at 1.39 g/t Au, underscoring this target’s expanding exploration potential.

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Diamond Drill Results “ Highlights:

• KDD0031 “ 4.0 m at 3.62 g/t Au from 255.0 m
• KDD0032 “ 7.0 m at 3.66 g/t Au from 160.0 m
• KDD0034 “ 9.0 m at 1.39 g/t Au from 106.0 m

Edward Gosselin, CEO and Director of Kobo commented: The recent results from the Jagger Zone underscore both the continuity and the significant scale of gold mineralization within this highly prospective target, successfully extending the mineralized zone by 250 m to the south. These intercepts are part of our broader 10,000 m diamond drilling program at the Kossou, which continues to validate the exploration potential across the gold targets within our Côte d’Ivoire portfolio. With newly established infrastructure allowing access to previously untested areas and a second drill rig now mobilized, we remain on track to complete this drilling phase by mid-January 2025. We look forward to building on these results and advancing Kossou’s potential through continued systematic exploration.

Recent drill holes focused on the previously inaccessible area just south of the Jagger Zone core, where a 250 m gap in drilling remained due to prior topographical constraints (see Figure 1). With a newly established network of roads and drill pads, Kobo successfully accessed this area, delineating gold mineralization in the Jagger Shear Zone down to the 2023 Reverse Circulation (RC) holes on section JZ 1000. These results effectively extend the Jagger Shear Zone by an additional 250 m to the south. Complete drill result details are available in Table 1.

Diamond drill holes KDD0031 to…