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Munda Gold Mine Mining Progresses: First Blast

g6pm6 by g6pm6
June 19, 2025
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This press launch options multimedia. View the total launch right here: https://www.businesswire.com/information/dwelling/20250619919405/en/

Diamond Drill Outcomes Highlights:

Jagger Zone:

  • KDD0081
    • 8.0 m at 2.13 g/t Au from 140.0 metres (“m”), together with 2.0 m at 7.00 g/t Au from 140.0 m
  • KDD0082
    • 30.0 m at 0.64 g/t Au from 128.0 m, together with 10.25 m at 0.80 g/t Au, from 128.0 m and a couple of.0 m at 1.90 g/t Au from 143.0 m
  • KDD0083
    • 7.0 m at 1.18 g/t Au from 123.0 m
    • 6.0 m at 2.07 g/t Au from 138.0 m, together with 1.0 m at 8.47 g/t Au from 64.0 m
    • 7.3 m at 1.63 g/t Au from 95.0 m
  • KDD0084
    • 8.0 m at 1.41 g/t Au from 88.0 m
    • 21.5* m at 1.14 g/t Au from 106.0 m, together with 4.0 m at 1.98 g/t Au from 106.0 m, 4.0 m at 1.27 g/t Au from 115.0 m, and 1.5 m at 4.93 g/t Au from 126.0 m
  • KDD0085
    • 20.0 m at 1.41* g/t Au from 106.0 m, together with 5.0 m at 3.70 g/t Au from 121.0 m and together with 2.0 m at 8.47 g/t Au from 123.0 m

Edward Gosselin, CEO and Director of Kobo commented: “These newest outcomes reinforce the dimensions and continuity of gold mineralisation on the Jagger Zone. We’re inspired by the width and tenor of the intercepts, which proceed to validate our structural mannequin and additional help our systematic exploration strategy at Kossou. With drilling nonetheless underway throughout our different high-priority targets, we’re well-positioned to advance Kossou towards its maiden useful resource estimate subsequent yr as our exploration work continues.”

Jagger Zone Drilling Highlights Scale and Continuity

Outcomes from seven diamond drill holes (KDD0080 to KDD0086), accomplished on sections JZ 525 to JZ 725 inside the Jagger Zone, have been acquired and proceed to increase the Firm’s understanding of this extremely potential goal (see Determine 1).

Gold mineralisation is hosted inside and alongside the contacts of quartz feldspar porphyry and diorite intrusions, in addition to inside sheared contacts of basaltic large and pillowed movement items. These buildings outline important, laterally and vertically steady gold-bearing zones which might be traceable alongside strike and down dip. Notably, broad mineralised intervals in gap KDD0084, together with 8.0 m at 1.41 g/t Au from 88.0 m and 21.5 m at 1.14 g/t Au* from 106.0 m (see Determine 2), display the presence of a number of stacked gold zones throughout the broader Jagger Shear Zone.

On part JZ 700, gold mineralisation continues to display robust continuity and constant geological associations noticed in earlier drilling. Notable intercepts embody 20.0 m at 1.41 g/t Au* from 106.0 m, together with 5.0 m at 3.70 g/t Au, and seven.0 m at 1.20 g/t Au from 154.0 m. These outcomes help the broader interpretation of the Jagger Shear Zone as a sturdy, multi-zone gold system and correlate effectively with beforehand reported drill holes and floor trench KTR030a (see Determine 3 for Part JZ 700.)

Geological and Structural Setting of Gold Mineralisation at Kossou and the Jagger Zone

Gold mineralisation at Kossou is hosted inside a N-S trending, steeply west-dipping deformation hall related to the regional Contact Zone Fault, which separates basaltic volcanic flows from volcano-sedimentary rocks. Inside this hall, the “Jagger Shear Hall”, brittle-ductile shear zones act as the first structural controls on gold emplacement, notably the place lithological contrasts happen between basaltic items and intrusive rocks, together with diorite and quartz-feldspar porphyry dykes.

On the Jagger Zone, the principle shear system is developed inside a zone roughly 70-m broad and is carefully related to intrusive contacts. Drill core evaluation has recognized a number of quartz vein generations associated to mineralisation. The V1 vein set consists of quartz veins and veinlets parallel to the S1 foliation, generally occurring inside the principle shear zones and bearing gold. The dominant mineralized buildings, nonetheless, are V2A veins, which pattern west-northwest to northwest and are outstanding each inside and adjoining to the shears. A secondary vein set, V2B, is characterised by sub-horizontal hairline fractures and veinlets, which carry solely sporadic gold mineralisation.

Drilling thus far signifies that gold mineralisation pinches and swells alongside strike and at depth, in keeping with structurally managed orogenic gold programs generally discovered inside the Birimian terrane of West Africa.

Desk 1: Abstract of Vital Diamond Drill Gap Outcomes

BHID

East

North

Elev.

Az.

Dip

Size

From
(m)

To (m)

Int.
(m)

Au
g/t

Goal

KDD0080

228997

775340

338

70

-50

233.05

32.00

34.00

2.00

1.80

Jagger

49.00

51.00

2.00

2.18

Jagger

60.00

61.00

1.00

2.31

Jagger

70.00

76.00

6.00

0.91

Jagger

100.00

102.20

2.20

0.99

Jagger

115.00

117.00

2.00

0.59

Jagger

126.00

127.00

1.00

1.86

Jagger

181.00

182.00

1.00

1.10

Jagger

201.00

207.05

6.05

0.67

Jagger

incl.

205.00

207.05

2.05

1.43

Jagger

221.85

223.00

1.15

1.19

Jagger

KDD0081

228958

775353

333

70

-50

266.05

31.00

32.00

1.00

2.02

Jagger

45.00

46.00

1.00

1.52

Jagger

70.00

72.40

2.40

1.04

Jagger

78.00

80.00

2.00

0.67

Jagger

123.00

124.00

1.00

1.49

Jagger

130.00

133.00

3.00

1.15

Jagger

140.00

148.00

8.00

2.13

Jagger

incl.

140.00

142.00

2.00

7.00

Jagger

175.10

176.20

1.10

1.79

Jagger

KDD0082

228973

775257

364

70

-50

293.05

22.00

23.00

1.00

1.51

Jagger

104.00

105.00

1.00

6.61

Jagger

110.00

111.00

1.00

1.42

Jagger

128.00

158.00

30.00

0.64*

Jagger

incl.

128.00

138.25

10.25

0.80

Jagger

incl.

143.00

145.00

2.00

1.90

Jagger

incl.

148.00

158.00

10.00

0.60

Jagger

161.40

164.00

2.60

0.65

Jagger

KDD0083

229013

775240

361

70

-50

236.05

32.00

33.00

1.00

3.73

Jagger

62.00

63.00

1.00

3.17

Jagger

71.00

72.00

1.00

8.42

Jagger

80.00

84.00

4.00

0.87

Jagger

100.00

101.00

1.00

1.33

Jagger

104.00

105.00

2.00

1.29

Jagger

109.40

117.00

7.60

0.35

Jagger

123.00

130.00

7.00

1.18

Jagger

138.00

144.00

6.00

2.07

Jagger

161.00

163.60

2.60

1.04

Jagger

KDD0084

229018

775216

361

70

-50

164.05

67.00

69.00

2.00

0.83

Jagger

80.00

83.00

3.00

1.00

Jagger

88.00

96.00

8.00

1.41

Jagger

106.00

127.50

21.50

1.14*

Jagger

incl.

106.00

110.00

4.00

1.99

Jagger

incl.

115.00

119.00

4.00

1.27

Jagger

incl.

126.00

127.50

1.50

4.93

Jagger

KDD0085

228982

775175

358

70

-50

182.05

83.00

84.00

1.00

2.38

Jagger

106.00

126.00

20.00

1.41*

Jagger

incl.

113.00

117.00

4.00

1.25

Jagger

incl.

121.00

126.00

5.00

3.70

Jagger

incl.

123.00

125.00

2.00

8.47

Jagger

154.00

161.00

7.00

1.20

Jagger

169.00

172.00

3.00

1.38

Jagger

KDD0086

229024

775165

345

70

-50

143.00

71.60

73.00

1.40

1.63

Jagger

82.00

89.00

7.00

1.04

Jagger

95.00

107.00

12.00

0.68

Jagger

118.00

123.00

5.00

0.69

Jagger

Notes:

Minimize-off utilizing 2.0 m at 0.30 g/t Au

Intervals are reported with not more than 3 m of inside dilution of lower than 0.3 g/t Au besides the place indicated*

An correct dip and strike and controls of mineralisation are unconfirmed presently and the true width of mineralisation are unconfirmed presently. Drill holes are deliberate to intersect mineralised zones perpendicular to interpreted targets. All intercepts reported are downhole distances.

The Firm additionally experiences the submitting of its audited consolidated monetary statements for the twelve-month interval ended March 31, 2025, and associated administration’s dialogue and evaluation. Copies of those monetary statements and associated administration’s dialogue and evaluation could be discovered on the Firm’s issuer profile on SEDAR+ at www.sedarplus.ca in addition to on the Firm’s web site at www.koboresources.com .

Sampling, QA/QC, and Analytical Procedures

Drill core was logged and sampled by Kobo personnel at website. Drill cores had been sawn in half, with one half remaining within the core field and the opposite half secured into new plastic pattern luggage with pattern quantity tickets. Core samples are drilled HQ to beneath oxidation stage after which is diminished to NQ for the rest of the drill gap. Samples are transported to the SGS Côte d’Ivoire facility in Yamoussoukro by Kobo personnel the place your entire pattern was ready for evaluation (prep code PRP86/PRP94). Pattern splits of fifty grams had been then analysed for gold utilizing 50g Hearth Assay as per SGS Geochem Methodology FAA505. QA/QC procedures for the drill program embody insertion of a certificated requirements each 20 samples, a clean each 20 samples and a replica pattern (break up of the 1 m authentic pattern) each 20 samples. All QAQC management samples returned values inside acceptable limits.

Overview of Technical Data

The scientific and technical info on this press launch has been reviewed and permitted by Paul Sarjeant, P.Geo., who’s a Certified Individuals as outlined in Nationwide Instrument 43-101. Mr. Sarjeant is the President and Chief Working Officer and Director of Kobo.

About Kobo Assets Inc.

Kobo Assets is a growth-focused gold exploration firm with a compelling new gold discovery in Côte d’Ivoire, one in all West Africa’s most prolific and creating gold districts, internet hosting a number of multi-million-ounce gold mines. The Firm’s 100%-owned Kossou Gold Mission is positioned roughly 20 km northwest of the capital metropolis of Yamoussoukro and is straight adjoining to one of many area’s largest gold mines with established processing amenities.

With over 15,000 metres of diamond drilling, practically 5,900 metres of reverse circulation (RC) drilling, and 5,900 metres of trenching accomplished since 2023, Kobo has made important progress in defining the dimensions and prospectivity of its Kossou’s Gold Mission. Exploration has centered on a number of high-priority targets inside a 9+ km strike size of extremely potential gold-in-soil geochemical anomalies, with drilling confirming intensive mineralisation on the Jagger, Street Minimize, and Kadie Zones. The newest part of drilling has additional refined structural controls on gold mineralisation, setting the stage for the following part of systematic exploration and useful resource growth.

Past Kossou, the Firm is advancing exploration at its Kotobi Allow and is actively increasing its land place in Côte d’Ivoire with potential floor, aligning with its strategic imaginative and prescient for long-term progress in-country. Kobo stays dedicated to figuring out and creating new alternatives to boost its exploration portfolio inside extremely potential gold areas of West Africa. Kobo presents traders the thrilling mixture of high-quality gold prospects led by an skilled management group with in-country expertise. Kobo’s frequent shares commerce on the TSX Enterprise Change underneath the image “KRI”. For extra info, please go to www.koboresources.com .

Twitter: @KoboResources | LinkedIn: Kobo Assets Inc.

NEITHER THE TSXV NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSXV) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Cautionary Assertion on Ahead-looking Data:

This information launch incorporates “forward-looking info” and “forward-looking statements” (collectively, “forward-looking statements”) inside the that means of the relevant Canadian securities laws. All statements, aside from statements of historic truth, are forward-looking statements and are based mostly on expectations, estimates and projections as on the date of this information launch. Any assertion that entails discussions with respect to predictions, expectations, beliefs, plans, projections, targets, assumptions, future occasions or efficiency (typically however not all the time utilizing phrases similar to “expects”, or “doesn’t count on”, “is predicted”, “anticipates” or “doesn’t anticipate”, “plans”, “finances”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such phrases and phrases or stating that sure actions, occasions or outcomes “could” or “may”, “would”, “may” or “will” be taken to happen or be achieved) usually are not statements of historic truth and could also be forward-looking statements Ahead-looking statements are essentially based mostly upon quite a lot of estimates and assumptions that, whereas thought-about affordable, are topic to identified and unknown dangers, uncertainties, and different components which can trigger the precise outcomes and future occasions to vary materially from these expressed or implied by such forward-looking statements. Such components embody, however usually are not restricted to: common enterprise, financial, aggressive, political and social uncertainties; and the delay or failure to obtain board, shareholder or regulatory approvals. There could be no assurance that such statements will show to be correct, as precise outcomes and future occasions may differ materially from these anticipated in such statements. Accordingly, readers mustn’t place undue reliance on the forward-looking statements and data contained on this information launch. Besides as required by legislation, Kobo assumes no obligation and/or legal responsibility to replace the forward-looking statements of beliefs, opinions, projections, or different components, ought to they alter, besides as required by legislation.

View supply model on businesswire.com: https://www.businesswire.com/information/dwelling/20250619919405/en/

For additional info, please contact:

Edward Gosselin
Chief Government Officer and Director
1-418-609-3587
ir@kobores.com



Tags: BlastGoldMiningMundaProgresses
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