Kobo Resources (TSXV:KRI) Resumes 10,000-Metre Drilling Program at Kossou Gold Project in Côte d’Ivoire, Targeting Key Gold Zones

Kobo Resources (TSXV:KRI) has resumed diamond drilling at its Kossou Gold Project in Côte d’Ivoire, launching a fully funded 10,000-metre drill program. The company aims to build on its previous exploration efforts at the 100%-owned site, targeting key gold zones to extend known mineralization at depth and along strike, while also testing new areas for potential gold deposits.

Edward Gosselin, CEO and Director of Kobo commented in a press release: “This is an exciting time for Kobo as we reinitiate our diamond drilling campaign on highly prospective gold targets at Kossou. We are fully funded for this program and into next year, providing us with the resources to aggressively pursue our exploration objectives. The key zones we’re targeting hold significant potential, and this new program will build on previous success by testing depth extensions and uncharted mineralized areas.” He continued: “We are also proud of our commitment to responsible exploration, highlighted by the fresh water well initiative that will benefit and support the local Bocabo community. Looking beyond Kossou, we are dedicated to advancing our regional exploration strategy, bolstered by the support of our strategic partner, Luso Global Mining. We remain focused on delivering results for our shareholders and are excited about the opportunities that lie ahead.”

The Kossou Gold Project is located approximately 20 km northwest of Yamoussoukro, Côte d’Ivoire’s capital, and lies near one of the largest gold mines in the region. The project holds significant promise due to its strategic location and the successful outcomes of prior exploration programs. Kobo Resources intends to focus its latest drilling on four major target zones: the Jagger Zone, Road Cut Zone, Kadie Zone, and Contact Zone.

Jagger Zone: Defined by a 2 km long gold-in-soil anomaly, the Jagger Zone has been trenched and drilled over a 1 km strike length, with mineralization remaining open both to the north and south. Previous drilling intercepted significant gold deposits, such as 19 meters at 2.03 g/t Au (hole KRC011). The current drill program will aim to test the extension of these mineralized structures at depths between 175 and 250 meters below the surface. Additionally, drilling will target a 350-meter untested gap where past Reverse Circulation (RC) drill results revealed 6 meters at 4.31 g/t Au (hole KRC015). A total of 3,700 meters will be drilled in 17 holes at the Jagger Zone during this campaign.

Road Cut Zone: With a 1.6 km long gold-in-soil anomaly and a 900-meter strike length, the Road Cut Zone has shown multiple mineralized shear zones in previous drilling efforts. The most recent results include 13 meters at 2.10 g/t Au (hole KRC044) and 11 meters at 1.71 g/t Au (hole KDD0012). Mineralization remains open to the south, where it may connect with gold found in the Jagger and Kadie zones. The upcoming drilling will aim to fill in gaps left by earlier efforts and test mineralization down to approximately 150 meters below the surface. The company plans to drill 3,700 meters across 18 holes in the Road Cut Zone.

Kadie Zone: Mineralization at the Kadie Zone is based on strong geochemical anomalies, but exploration here is still in its early stages, with only five diamond drill holes completed so far. Highlighted intercepts include 9 meters at 23.89 g/t Au (hole KDD005) and 7 meters at 1.91 g/t Au (hole KDD0024). The zone remains open at depth and along strike. As part of this program, Kobo plans to drill approximately 1,000 meters in seven holes.

Contact Zone: The Contact Zone Fault has emerged as a promising exploration target. This major structure is believed to have played a role in concentrating gold-bearing fluids during the area’s geological history. Gold-in-soil anomalies traceable over 2.5 km, along with nearby artisanal mining activity, suggest this area could hold significant mineralization. Kobo plans to drill 700 meters across seven holes in this zone during the upcoming campaign.

Kobo Resources has been actively exploring the Kossou Gold Project for several years, identifying numerous high-potential targets through a combination of trenching, soil sampling, and drilling. In 2023, the company conducted approximately 5,900 meters of reverse circulation drilling and 5,400 meters of trenching. Early in 2024, the company completed another 4,368 meters of diamond drilling. These efforts have delineated a 9 km-long prospective corridor containing gold mineralization in multiple zones, suggesting the presence of a large orogenic gold system.

As the company resumes its drilling program, it will look to further extend mineralization at depth and along strike at its existing targets. The results from this work will help define the potential size and scale of the gold system at Kossou.

 

 

 

 

 

 

The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a licensed professional for investment advice. The author is not an insider or shareholder of any of the companies mentioned above.

By Matthew Evanoff

I specialize in the mining industry, focusing on top global mining stocks. My reporting covers the latest industry news, company/project developments, and profiles of key players. Beyond my professional pursuits, I have a keen interest in global business and a love for travel.

Comments are closed.

If you would like to receive our free newsletter via email, simply enter your email address below & click subscribe.

MOST ACTIVE MINING STOCKS

 Daily Gainers

 Euromax Resources Ltd. EOX.V +50.00%
 Pele Mountain Resources Inc. GEM.V +50.00%
 Metalex Ventures Ltd. MTX.V +50.00%
 MRG Metals Limited MRQ.AX +33.33%
 Casa Minerals Inc. CASA.V +30.00%
 Rimfire Pacific Mining NL RIM.AX +29.03%
 Gleneagle Gold Ltd. GLN.AX +26.09%
 Sego Resources Inc. SGZ.V +25.00%
 Tearlach Resources Ltd. TEA.V +25.00%
 GTI Resources Ltd. GTR.AX +25.00%