Kobo Resources Inc. reported the discovery of new high-grade gold mineralisation at the Company?s 100%-owned Kossou Gold Project (?Kossou?) following additional trenching at its Road Cut Zone (?RCZ?) target. The Company is also pleased to report positive results from detailed soil geochemistry work at the Kadie Zone. The Company has uncovered another NNW-SSE trending shear zone which parallels the primary RCZ previously drilled and trenched during recent drill road access work at Kossou.

The drill road was put in place to gain access to the main RCZ primary drill target and lies just to the west of the known gold in soil geochemical anomaly. Preliminary trench mapping indicates a similar structural environment to that of the primary RCZ drill target and these new trenches lay within the 300+ m wide and 2+ km long structural corridor previously identified by the Company?s Structural Geology Consultant, Dr. Tourigny in 2023. A series of E-W and WNW-ESE trending high-grade quartz veins crosscut the dominant NNW trending mineralised shear zone, contributing to high-grade gold values within the dominant shear zones.

This new zone appears to correlate well with drill hole KRC044 to the north that returned several strong mineralised intercepts including 2.94 g/t Au over 9.0 m (88 to 97 m), including subintervals of 4.48 g/t Au over 5 m (92-97 m) and 10.41 g/t Au over 2 m (95-97 m); all drill intercepts represent downhole lengths and not true widths (see press release dated August 14, 2023). These results affirm the Company?s belief that the RCZ is a priority target for the upcoming diamond drill program in first quarter of 2024. Full assay results from all trenches.

Additional sampling was undertaken at the previously reported mineralised zone east of the main RCZ in a series of small trenches located within the artisanal mine workings where it was safe to conduct activities (trenches KTR075 to KTR081). Results from this work confirm the presence of a northerly trending shear with gold mineralisation. In the trenches sampled, the northerly shear was dominant, and the highest gold grades are associated with the cross-cutting vein sets as described previously.

Kadie Zone Soil Geochemistry Highlights: Additional detailed infill soil geochemistry was completed at the Kadie Zone to further help define gold bearing structures. Results very clearly indicate a strong NW-SE trending gold anomaly defined by samples ranging from 300+ ppb to a maximum value of 104,000 ppb Au that connect the Kadie 1 and Kadie 2 zones. This feature indicates a strike extent of over 650 m and remains open to the SE along strike with a second trend (Kadie 3).

Detailed gold in soil geochemistry has proven to be a very effective tool for exploration at Kossou and the Company intends to continue with its sampling strategy to help define extents of gold mineralised shear zones and veins sets for future drill targeting purposes.