Additionally, the Company has confirmed on surface its
He continued: 'Following recent trenching and further analysis of drilling results at the
Kadie Zone Elevated to Drill Target Status
Trenching at the
Trenches KTR044 and KTR046 were completed south of previously excavated trenches KTR030 and KTR030a and have successfully demonstrated that the Jagger shear zone system extends an additional 125 m to the south into an area where gold in soil evidence was previously weak due to overburden cover. Consequently, the Company interprets that the Jagger shear zone system continues between the main
KTR045 was excavated near the previous drill section at the
The recent work performed confirms the presence of strong gold mineralisation in the Jagger shear zone system over a strike extent in excess of 1.4 km. Through recent drilling on this target, the Company believes mineralisation remains open to both the north and south and remains open to depth along its extent. The Company plans to further explore the potential of this shear zone as part of its ongoing drill program. About
Kobo Resources is a growth-focused gold exploration company with a compelling new gold discovery in
The Company has delivered excellent gold results and identified multiple shear zones with gold mineralisation as part of its maiden drill program. Drilling and exploration work remain ongoing to unlock the potential size and scale of the
Kobo offers investors the exciting combination of high-quality gold prospects led by an experienced leadership team with in-country experience. Kobo's common shares trade on the
Contact:
Tel: 1-418-609-3587
Email: ir@kobores.com
Cautionary Statement on Forward-looking Information:
This news release contains 'forward-looking information' and 'forward-looking statements' (collectively, 'forward-looking statements') within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as 'expects', or 'does not expect', 'is expected', 'anticipates' or 'does not anticipate', 'plans', 'budget', 'scheduled', 'forecasts', 'estimates', 'believes' or 'intends' or variations of such words and phrases or stating that certain actions, events or results 'may' or 'could', 'would', 'might' or 'will' be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to kn and unkn risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: general business, economic, competitive, political and social uncertainties and the delay or failure to receive board, shareholder or regulatory approvals. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this news release. Except as required by law, Kobo assumes no obligation and/or liability to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law.
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