Maritime Resources: A Low-risk Path to Gold Production in One of the

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250710272213/en/  

 

Figure 1: Road Cut Zone Drill Hole Locations and Simplified Geology

 

The Company also completed an initial test of the gap between the Road Cut and Jagger Zones, confirming the presence of the interpreted structure. Additionally, the Company has provided an outline of its next exploration priorities as it advances plans for its next phase of drilling and regional target work.

  Diamond Drill Results – Highlights:  

  Road Cut Zone:  

•   KDD0088  
  •   3.5 metres (“m”) at 2.33 g/t Au from 81.0 m  

   

  •   1.0 m at 3.32 g/t Au from 119.0 m  

   

 

•   KDD0090  
  •   9.75 m at 1.69 g/t Au from 67.25, including 5.10 m at 2.93 g/t Au, from 68.9 m and 1.0 m at 11.30 g/t Au from 68.9 m, and  

   

  •   11.0 m at 2.88 g/t Au from 140.0 m, including 3.0 m at 8.25 g/t Au from 143.0 m  

   

 

•   KDD0091  
  •   5.0 m at 3.05 g/t Au from 28.0 m  

   

  •   15.5 m at 2.30 g/t Au from 123.0 m, including 8.0 m at 3.43 g/t Au from 126.0 m  

   

 

•   KDD0092  
  •   6.0 m at 2.05 g/t Au from 88.0 m  

   

 

•   KDD0093  
  •   6.0 m at 1.58 g/t Au from 76.0 m  

   

  •   7.95 m at 0.43 g/t Au from 106.0 m  

   

 

Edward Gosselin, CEO and Director of Kobo commented: “Our latest drilling has outlined additional strong gold mineralization at the Road Cut Zone, highlighting its scale and the consistency of grades and widths we are seeing along strike and down dip. Importantly, these results build on our understanding of the structural setting at Kossou and will help guide how we advance the Road Cut Zone in parallel with the Jagger Zone, including the structural corridor between the two targets.”  

He continued: “With this phase of diamond drilling now complete, our team is focused on advancing a larger, systematic program to further define the Jagger, Road Cut and Contact Zones, test the potential connection of the gap between these Jagger and Road Cut Zones, and expand our footprint to new targets identified at the Jagger South area and the underexplored western portion of the permit. Based on the work completed to date, we remain confident in the scale and continuity of mineralization at Kossou and believe the project continues to demonstrate significant potential as we move towards the next phase of drilling and a maiden Mineral Resource Estimate.”  

  Road Cut Zone Results  

Results from six diamond drill holes at the Road Cut Zone have been received. Holes KDD0088 to KDD0090 were drilled on three sections (RCZ725 to RCZ775) (see Figure 1) to test gold mineralization associated with diamond drill hole KDD0056 , which previously returned 10.0 m at 4.57 g/t Au ( see press release dated January 30, 2025 ).

  KDD0090 intersected two zones of strong gold mineralization: an upper intercept of 9.75 m at 1.69 g/t Au , including 1.0 m at 11.20 g/t Au , highlighting the high-grade nature of the cross-cutting V2 veins within the…