Slide 1: Focused on High-Quality Gold Discovery
FOCUSED ON HIGH-QUALITY GOLD DISCOVERY CORPORATE PRESENTATION JUNE 2023 koboresources. com TSXV: KRI
Slide 2: Disclaimers
Disclaimers Forward-Looking Statements Cautionary Statement This presentation contains forward-looking statements and forward-looking information (collectively, Investors are cautioned that Kobo is subject to the following risk factors associated with operating in Côte “forward-looking statements”)
Slide 3: Exploring a Compelling New Gold Discovery in West Africa
EXPLORING A COMPELLING NEW GOLD DISCOVERY IN ONE OF WEST AFRICA’S MOST PROLIFIC AND DEVELOPING GOLD DISTRICTS CORPORATE PRESENTATION | JUNE 2023 3
Slide 4: Kobo Resources Overview
Kobo Resources Overview Focused on near-term value creation through high-quality gold discovery New Gold Exploration & Development Company with a Portfolio of Highly Prospective Gold Properties ֎ The 100%-owned Kossou Gold Project (“Kossou”) with large, significant Au soil anomalies, multiple high g
Slide 5: Exploration in a Jurisdiction with Untapped Potential
Exploration in a Jurisdiction with Untapped Potential Côte d'Ivoire counts for approximately 35% of the Birimian Group exposure in West Africa Birimian and Tarkwaian Group Rocks West African Gold Production1 2010 – 2021 50 40 35% 35 Distribution of Key Birimian Group Rocks 40 30 25 22% Million Ounce
Slide 6: Pathway to Future Discovery
Pathway to Future Discovery Sizeable land positions with drill-ready targets TARGET DISCOVER ADVANCE CORPORATE PRESENTATION | JUNE 2023 6
Slide 7: Kossou Gold Project Our Near-Term Focus
Kossou Gold Project Our Near-Term Focus Overview Yaouré Gold Mine Location Yamoussoukro, Côte d’Ivoire Ownership 100% Land Package 147.4 km2 Mineral Gold Status Exploration Infrastructure Well-established roads, water, and power access, skilled labour CORPORATE PRESENTATION | JUNE 2023 7
Slide 8: Proximity to Nearby Gold Operator
Proximity to Nearby Gold Operator A geological setting with advantages generally not accessible to other exploration opportunities Compelling regional exploration opportunity within Côte d’Ivoire District well known for its general infrastructure and artisanal/commercial scale gold production Kossou
Slide 9: Importance of Structure and Geology
Importance of Structure and Geology Geological similarities between the Kossou Gold Project and the Yaouré Gold Mine Regional Context Kossou remains the largest un-drilled gold geochemical anomaly in the region Sediment-Volcanic contact critical at the Yaouré Gold Mine Key North-South structure eman
Slide 10: Simplified Geology of Kossou
Simplified Geology of Kossou Similar geological and structural setting as the Yaouré Gold Mine “ The presence of both disseminated and vein hosted gold mineralisation from initial petrology work indicates the potential for similar mineralisation as to what is found at the adjacent Yaouré deposit. ”
Slide 11: Jagger Zone
Jagger Zone Recent trenching work has elevated the Jagger Zone to the primary target for Kobo’s 2023 drilling campaign Detailed soil sampling, geological mapping and trenching has confirmed the existence of a significant gold bearing structure The Jagger Shear Zone is 1.2 km strike length with stron
Slide 12: Jagger Zone and Jagger South Zone Trench Results
Jagger Zone and Jagger South Zone Trench Results May 2023 Trench ID From (m) To (m) Interval Au g/t Target KTR028 24.00 53.00 29.00 6.42* Jagger KTR028 Incl. 24.00 29.00 5.00 18.04 Jagger KTR028 Incl. 24.00 32.00 8.00 11.44 Jagger KTR028 Incl. 36.00 53.00 17.00 5.53* Jagger KTR028 Incl. 36.00 38.00
Slide 13: Road Cut Zone
Road Cut Zone Initial discovery of gold mineralization along the Road Cut Zone (“RCZ”) Silicified zone is up to 15 m wide based on pit sampling above road Overall grades 4.64 g/t Au over 18.2 m of rock exposure (Samples 01-05-16-09 to 16-12 and S2) CORPORATE PRESENTATION | JUNE 2023 13
Slide 14: Fully Funded Drill Program Outlined for 2023
Fully Funded Drill Program Outlined for 2023 Over 8,000 m of RC drilling with an immediate goal of defining significant near surface zones of gold mineralisation Proposed Phase 1 Drill Program Phase One – 8,000 m (+/- 85 holes) Jagger Zone – 6,000 m (60 holes) Road Cut and Contact Zones – 2,000 m (2
Slide 15: Road Clearing and Rehabilitation Efforts
Road Clearing and Rehabilitation Efforts Improving access to the Company’s Jagger and Road Cut Zones in advance of 2023 drill program CORPORATE PRESENTATION | JUNE 2023 15
Slide 16: Soil Geochemistry
Soil Geochemistry The Kossou Gold Project contains over 9 km of geochemical anomalies to be explored Soil Sampling Program Key Findings Beach 3,156 soil samples taken to date Contact Zone (CZ) between volcanics to the west and RCZ CZ volcanosediments to the east Beach – RCZ ~1.6 km strike has shown
Slide 17: Target Rich Environment
Target Rich Environment Multiple gold occurrences identified with 15% of project explored to date Rock Sampling Program 925 total samples: RCZ – up to 15.43 g/t Au +1 g/t – 134 samples J1– up to 16.61 g/t Au +3 g/t - 74 samples Jagger – up to 12.45 g/t Au (with VG) +5 g/t - 42 samples Hydrothermal B
Slide 18: Target Rich Environment
Target Rich Environment A total of 19 trenches to date (1,278 m) with additional work ongoing Trench Program CZ and Northern RCZ Trenching RCZ1 – 4.64 g/t Au over 18.20 m RCZ3 – 1.45 g/t over 11.00 m RCZ2 – 2.03 g/t over 4.00 m KTR001 – 8.48 g/t over 5.00 m KTR003 – 11.30 g/t Au over 4.0 m KTR012 –
Slide 19: Target Rich Environment Trench Program con't
Target Rich Environment A total of 19 trenches to date (1,278 m) with additional work ongoing Trench Program con’t KTR007 – 7.39 g/t over 1.00 m KTR008 – 1.93 g/t Au over 5.0 m, 11.0 g/t over 1.0 m and 7.39 g/t over 1.0 m KTR009 – 3.72 g/t Au over 4.55 m KTR010 – 5.56 g/t Au over 6.20 m KTR020 – 2.0
Slide 20: Investment Recap
Investment Recap What to expect from Kobo Resources Newly Listed Gold Exploration and Development Company with a Portfolio of Highly Prospective Gold Properties & Targets Maiden 8,000+ Metre Drill Program to Commence in June 2023 Well Established & Mining-Friendly Jurisdiction with Close Proximity T
Slide 21: Appendices
] Appendices _
Slide 22: Capitalization Structure
Capitalization Structure As of May 1, 2023 Ownership Summary Capital Structure (Current Issued and Outstanding) Shares (M) % I/O % Diluted Management and Insiders 39.7 51.6 41.9 Public 37.2 48.4 38.2 Basic Shares O/S 76.9 Kobo - Options 3.5 3.7 Kobo - Warrants 4.3 4.5 48.4% 51.6% Resulting Issuer Wa
Slide 23: Management
Management A highly experienced management team with strong in -country expertise Edward Gosselin, L.L.L. Paul Sarjeant, P.Geo CEO & Founder President & COO Member of the Quebec Bar Association since 1984 Professional Geologist with over 35 years of experience in mineral ֎ Exercised in private pract
Slide 24: Board of Directors
Board of Directors Extensive experience across all facets of the mining industry Frank Ricciuti Jeff Hussey, P. Geo. Chairman & Director Director ֎ Has served as senior executive of two major international resources companies and as a ֎ President and COO of Osisko Metals director of in excess of 20
Slide 25: Advisors
Advisors Mark-Antoine Audet, MSc, PhD Pierre Boivin Technical Advisor Policy Advisor, Africa ֎ +35 years of exploration and development experience in West Africa ֎ Pierre is a Lawyer at McCarthy Tetrault and Member of the Quebec Bar Association since ֎ Currently is CEO Sama Resources which is develo
Slide 26: Côte d'Ivoire: Operating Mines and Discoveries
Côte d'Ivoire: Operating Mines and Discoveries A mining friendly jurisdiction with a significant presences of majors Numerous billion-dollar buyouts involving 3 2 gold mines located in Côte d'Ivoire in recent years: 1 • Endeavour purchased SEMAFO for C$1 billion and Teranga Gold for C$2.4 billion 4
Slide 27: Côte d'Ivoire: Overview
Côte d'Ivoire: Overview Government’s objective is for natural resources development to become the No. 2 economic engine for the country 6 Country CountryOverview Overview ֍ One of the largest economies in West Africa, after Nigeria and Ghana, with a relatively high GDP per capita for the region ֍ St
Slide 28: Beach Zone
Beach Zone Kobo’s initial gold discovery at the Kossou Gold Project Beach Zone Initial work in 2016 identified area of significant visible gold in historic alluvial/colluvial work zone 164 pits were dug, material was washed and gold points counted 155 contained significant visible gold 0 200 400 met
Slide 29: Shadow Zone Update
Shadow Zone Update New exploration target area for further testing, sampling and drilling Shadow Zone Work Largest artisanal site in the region Trench is exposed over 350 metres along strike (NE-SW), mining down to +/- 30 m Vein width up to 2 metres in places Artisanal miners exploiting gold in quar
Slide 30: Kilo Zone Update
Kilo Zone Update CORPORATE PRESENTATION | JUNE 2023 30
Slide 31: Magnetic Survey
Magnetic Survey Drone Survey RCZ Area: 62 km2 Surveyed 1,195.4 Line Kms 50 m line spacing Mean Terrance Clearance of 62.3 m Area of Initial Confirmed structural break through RCZ Interest Several structures have potential to host gold mineralization Southern portion of property remains unexplored to
Slide 32: RCZ 2020 Magnetic Survey
2020 Magnetic Survey Potential Second Section Two Structure SW RCZ NE Projected Basalt/Volcanic Sediment Contact CORPORATE PRESENTATION | JUNE 2023 32
Slide 33: RTP1/1st Derivative Interpretation
RTP1/1st Derivative Interpretation 1 RTP 1st Derivative: Processing method to outline the boundary of magnetic anomalies 0 1 2 Km RCZ Site 6 CZ J1 Site 7 Kilo Jagger Shadow Site 4 Site 8 Site 9 Site 2 Site 5 CORPORATE PRESENTATION | JUNE 2023 33
Slide 34: RTP1/1st Derivative Interpretation
RTP1/1st Derivative Interpretation 1 RTP 1st Derivative: Processing method to outline the boundary of magnetic anomalies 0 1 2 Km RCZ Site 6 CZ J1 Site 7 Kilo Jagger Shadow Site 4 Site 8 Site 9 Site 2 Site 5 Gold in soil anomaly trends CORPORATE PRESENTATION | JUNE 2023 34
Slide 35: Soil Results Overlayed on Geophysics
Soil Results Overlayed on Geophysics RCZ Site 6 J1 Site 7 <16 g/t Au Kilo Jagger <4g/t Au Shadow Site 4 Site 8 Site 9 Site 2 Site 5 CORPORATE PRESENTATION | JUNE 2023 35
Slide 36: Contact Information
CO NTAC T I NFO RM ATI O N Edward Gosselin Chief Executive Officer and Director info@kobores.com koboresources. com TSXV: KRI