Kobo Resources Edward Gosselin on the Kossou Project in Côte d’Ivoire, a Rapidly Developing Gold District in West Africa

July 23, 2024 — In an interview with InvestorNews host Pat Bolland, Edward Gosselin, CEO, Director, and Corporate Secretary of Kobo Resources Inc. (TSXV: KRI), highlighted the company’s Kossou Project in Côte d’Ivoire, one of West Africa’s rapidly developing gold districts. The company’s Kossou Gold Project, located approximately 20 km northwest of Yamoussoukro, is adjacent to a significant gold mine with established processing facilities. Kobo has completed extensive drilling and trenching, identifying significant gold mineralization at three primary targets within a broad, altered structural corridor. Recent results from their inaugural diamond drill program, which included 4,368 meters of drilling in 25 holes, revealed notable gold intercepts, reinforcing the potential of their geological models.

Gosselin emphasized the favorable investment environment in Côte d’Ivoire, highlighting the country’s stable GDP growth and infrastructure improvements. “Economically and politically speaking, Côte d’Ivoire is booming,” Gosselin noted. Discussing the Kossou Gold Project, he detailed significant findings from the Road Cut Zone, initially discovered in 2016, to the more recent successes in the Jagger and Kadie zones. “Our initial discovery at Road Cut Zone showed 4.68 grams per tonne over 18 meters,” he stated. Recent drilling results have continued to impress, with Gosselin mentioning, “The Jagger zone returned 38 meters at 1.55 grams per tonne, which is not shabby at all.” Kobo’s strategy includes leveraging nearby processing facilities to optimize resource allocation and minimize infrastructure investment. He adds, “We are now well-funded and strategically positioned to accelerate our exploration efforts.”

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About Kobo Resources Inc.

Kobo Resources is a growth-focused gold exploration company with a compelling new gold discovery in Cote d’Ivoire, one of West Africa’s most prolific and developing gold districts, hosting several multi-million-ounce gold mines. The Company’s 100%-owned Kossou Gold Project is located approximately 20 km northwest of the capital city of Yamoussoukro and is directly adjacent to one of the region’s largest gold mines with established processing facilities.

The Company is drilling to unlock the potential size and scale of Kossou within 9+ km strike length of highly prospective gold in soil geochemical anomalies with excellent rock and trench sampling results. The Company completed ~5,900 m of RC drilling and ~5,400 m of trenching in 2023 and has completed 4,368 m of diamond drilling to date in 2024. Significant gold mineralisation has been identified at three main targets within a 300 m wide, 2+ km long, pervasively altered structural corridor defining a potentially large mesothermal gold system. Kobo offers investors the exciting combination of high-quality gold prospects led by an experienced leadership team with in-country experience.

To know more about Kobo Resources Inc., click here

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