Business
Kobo Resources to Recommence 2025 Drill Program at the Kossou Gold Project; Appoints Industry Veteran to Support Technical and Regional Growth Strategy
12,000 - 15,000 m diamond drill program to expand gold zones and advance toward a maiden Mineral ...
About this update from Kobo Resources Inc.
[{"type":"text","content":"Kobo Resources to Recommence 2025 Drill Program at the Kossou Gold Project; Appoints Industry Veteran to Support Technical and Regional Growth Strategy\n\n\n .bwlistdisc { list-style-type: disc }\n \n\n\n\n\n\n 12,000 - 15,000 m diamond drill program to expand gold zones and advance toward a maiden Mineral Resource Estimate at the Kossou Gold Project\n \n\n\n\n New strategic advisor appointed to support technical execution and identify regional growth opportunities in Côte d’Ivoire and across West Africa\n \n\n\n\n Strong investor demand leads to upsized private placement, increasing from $3.0 million to approximately $4.2 million\n \n\n\n\n\n\n Kobo Resources Inc. (“\n \n Kobo\n \n ” or the “\n \n Company\n \n ”) (\n \n TSX.V: KRI\n \n ) is pleased to announce that it will commence up to 10,000 - 15,000 metre (“\n \n m\n \n ”) of diamond drill program at its 100%-owned Kossou Gold Project (“\n \n Kossou\n \n ”) in Côte d’Ivoire on September 4, 2025, with two diamond drill rigs mobilized to site. In addition, the Company is strengthening its strategic and technical capabilities through the appointment of a highly experienced industry veteran as a consultant and advisor to support its growth initiatives across West Africa.\n \n\n Edward Gosselin, CEO and Director of Kobo commented:\n \n “The recommencement of our 2025 diamond drill program at Kossou, comprising between 12,000 - 15,000 m of drilling, marks a meaningful step forward in our strategy to define a compelling gold resource within one of West Africa’s most prospective regions. We’ve built strong momentum through the systematic advancement of multiple zones at the Kossou Gold Project, and this next phase is designed to deepen our understanding of the mineralized system while positioning us for future resource growth.”\n \n\n\n He continued:\n \n “We’re also very pleased to welcome Dr. Clay Postlethwaite as a strategic advisor. His extensive experience in exploration business development and structural geology across Africa will provide valuable insight as we continue to execute our future growth plans. Additionally, the increased interest in our recent financing reflects growing recognition of the opportunity we’re pursuing, both at Kossou and a...