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 100%-owned Kossou Gold Project ("Kossou") located in Cte d'Ivoire, West Africa. The 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. According to early drill results, the 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, the company are gaining a better understanding of the structural controls of high-grade mineralisation. The company plan to commence an initial diamond drill program at the Cadie Zone and additional drilling at the Jagger, and Road Cut Zones as soon as possible. As part of the more detailed structural interpretation, Dr. Tourigny has mapped trench KTR030 in more detail and has re-sampled the shear zone (KTR030a).

The latest assay results returned significant high-grade gold intercept of 5.07 g/t Au over 19 m, including 42.75 g/t Au over 2 m. Gold mineralisation is hosted in a 20 m wide NS-trending and steeply west-dipping ductile-brittle shear. The high-grade intersection including 71.70 g/t Au over 1 m is associated with a tectonic breccia representing dislocated discordant veins. Subvertical veins oriented east-west also occur in the trench exposure.

The total strike length of the Jagger Zone, including untested geochemical anomalies, now stands at 1.85 km and remains the primary target of the Company's ongoing 2023 drill program.