Kobo Resources Inc. reported further significant gold results from its inaugural diamond drill program at the Company's 100%-owned Kossou Gold Project (Kossou) located in Cote d'Ivoire, West Africa. The Company is also pleased to announce the completion of its first diamond drilling program at Kossou, which comprised of 4,367.6 metres ("m") of diamond drilling in 25 holes, targeting the Company's three highly prospective gold targets: the Road Cut Zone (RCZ), the Jagger Zone and the Kadie Zone. Diamond Drill Hole Highlights: KDD002: 15.1 m at 1.03 g/t Au from 62.3 m, including 6.3 m at 1.67 g/t Au from 64.8 m; KDD005: 9.0 m at 23.89 g/t Au from 40.0 m, including 1.0 m at 210.00 g/t from 46.0 m; KDD012: 11 m at 1.71 g/t Au from 50.0 m; KDD014: 9.0 m at 4.27 g/t Au from 117.0 m. Kadie Zone: The Company has drilled the first five diamond drill holes at the Kadie Zone and have received results for the initial three holes.

Drill hole KDD0005 (Kadie 3) returned a very strong mineralised zone of 9.0 m at 23.89 g/t Au, including a 1.0 m zone assaying 210.00 g/t Au. This zone clearly exhibits the bonanza style mineralisation associated with the NW trending shear zones and the cross-cutting V2 veins sets. Assay results from the two remaining diamond drill holes at the Kadie Zone are pending.

Total metres drilled at the Kadie Zone were 828.6 m in five holes. Road Cut Zone: The Company completed 15 drill holes totalling 2,320.2 m during its inaugural diamond drill program and has received results for ten of the drill holes to date: KDD0006 to KDD0015. Overall results from the first diamond drill holes are very encouraging with every drill hole intersecting multiple gold bearing shear zones that correlate well with surface information.

DDH0012 returned 11.0 m at 1.71 g/t Au from 50.0 m and has confirmed the down dip extension of approximately 25 m to mineralisation reported in a series of trenches on the eastern edge of the RCZ, highlighted by 28.0 m at 4.44 g/t Au and 6.0 m at 2.50 g/t Au. DDH0013 undercut DDH0012 on the same section and intersected gold mineralisation of 2.0 m at 2.13 g/t Au, approximately 90 m downdip from surface showings. Drill holes to the north and south of this intercept are pending.

Drill hole KDD0014 and KDD0015 both tested the core of the main gold in soil geochemical anomaly at the RCZ and intercepted multiple gold bearing shear zones. Key results for KDD0014 included 7.0 m at 1.04 g/t Au from 13.0 m and 9.0 m at 4.27 g/t Au from 117.0 m. KDD0015 returned 6.0 m at 2.48 g/t Au, including a subinterval of 1.0 m at 11.60 g/t Au. Jagger Zone: In addition to the first diamond drill hole, which returned 38.2 m at 1.55 g/t Au (see press release April 30, 2024), the Company has received results from the second diamond drill hole from the Jagger Zone, with three other holes currently pending results.

DDH0002 returned a primary intercept of 15.1 m at 1.03 g/t Au from 62.3 m, including 6.3 m at 1.67 g/t Au. Results from both holes compare favourably with the Company?s reverse circulation drilling completed in 2023 and continue to demonstrate the Jagger Shear Zone hosts significant gold mineralisation over broad widths. Additional zones of mineralisation were intersected throughout most of DDH0002, including 5 m at 1.16 g/t Au from 92.0 m and 8 m at 0.82 g/t Au from 155.0 m, supporting the interpretation of gold mineralisation associated with multiple shear zones in this complex structure.

Total metres drilled at the Jagger Zone were 1,718.75 m in five holes and full results of significant drill intercepts.