Kobo Resources Inc. announced positive results from the first diamond drill hole of the Company?s 2024 exploration program at its 100% owned Kossou Gold Project (?Kossou?) located in Cote d?Ivoire, West Africa. Highlights: KDD001: 38.20 metres (?m?) at 1.55 g/t Au from 61.40 m, including 19.10 m at 2.82 g/t* Au from 61.40 m and 3.70 m at 11.82 g/t Au from 67.30 m. Following the successful trenching and reverse circulation (?RC?) drill program conducted in 2023, the Company initiated its 2024 diamond drill program to confirm mineralisation and test structural controls at the Jagger Zone. The Company will also test for additional mineralisation at the Road Cut Zone where additional shear zones were discovered last year and drill portions of the previously untested gold-in-soil anomaly that cores this target.

Additionally, the Company plans to drill the Kadie Zone for the first time to test the strong gold-in-soil geochemical anomaly and to follow up on positive trench results returned at this target during its exploration activities in 2023. KDD001 is the first diamond drill hole of the Company's 2024 drill program aimed at further evaluating the north-south trending Jagger Shear Zone and mineralized intervals from the Company's 2023 RC drill program. KDD001 was drilled to confirm gold mineralisation beneath trenches KTR030 and KTR030a, to test continuity of the Jagger Shear Zone previous intercepted in RC drill holes KRC008 (13 m at 0.72 g/t Au from 15 m depth) and KRC009, (48 m at 1.03 g/t Au* from 69 m, including sub-intervals of 13 m at 1.70 g/t Au from 69 m and 15 m at 1.37 g/t Au from 87 m), and validate the presence of the 290o gold quartz-carbonate veins termed ?V2?

veins from the structural study completed by the Company?s Structural Geology Consultant, Dr. Ghislain Tourigny in October 2023. Compared to hole KRC009 from the Company?s 2023 RC drill program, results from KDD001 show strong correlation and the continuation of a wide mineralized zone within sheared and altered volcanics of the Jagger Shear Zone. Visible gold was identified within the high-grade interval at 67.30 m. The high-grade mineralisation is believed to be associated within the sheared contacts of a quartz feldspar porphyry intrusive within basalts and the presence of high-grade ?V2?

quartz-carbonate veins. Due to the intense shearing encountered downhole, core loss could affect the actual grade of some intervals. Based on the positive results of KDD001 and previous results from its 2023 RC drill program, the Company believes that the main mineralised zone at the Jagger Zone is very well correlated.

An accurate dip and strike and controls of mineralisation are unconfirmed at this time and the true width of mineralisation are unconfirmed at this time. Drill holes are planned to intersect mineralised zones perpendicular to interpreted targets. All intercepts reported are downhole distances.

Sampling, QAQC, and Analytical Procedures: Drill core was logged and sampled by Kobo personnel at site. Drill cores were sawn in half, with one half remaining in the core box and the other half secured into new plastic sample bags with sample number tickets. Samples are transported to the SGS Côte d?Ivoire facility in Yamoussoukro by Kobo personnel where the entire sample was prepared for analysis (prep code PRP86/PRP94).

Sample splits of 50 grams were then analysed for gold using 50g Fire Assay as per SGS Geochem Method FAA505. QA/QC procedures for the drill program include insertion of a certificated standards every 20 samples, a blank every 20 samples and a duplicate sample every 20 samples. All QA/QC control samples returned values within acceptable limits.

Review of Technical Information: The scientific and technical information in this release has been reviewed and approved by Paul Sarjeant, P.Geo., who is a Qualified Persons as defined in National Instrument 43-101. Mr. Sarjeant is the President and Chief Operating Officer and Director of Kobo.