Latest news with #Kossou
National Post
a day ago
- Business
- National Post
Kobo Resources Intersects 21.5 m at 1.14 g/t Au and 20.0 m at 1.41 g/t Au at the Jagger Zone and Files FY 2025 Financial Results
Article content All reported holes intersected gold mineralization, reinforcing continuity and improving structural understanding at the Jagger Zone Results support the Company's systematic exploration and targeting approach for further resource definition at Kossou Article content QUEBEC CITY — Kobo Resources Inc. (' Kobo' or the ' Company ') (TSX.V: KRI) is pleased to announce additional diamond drill results from the ongoing exploration program at its 100%-owned Kossou Gold Project (' Kossou ') in Côte d'Ivoire. Results from the Jagger Zone continue to confirm broad zones of mineralisation and extend the footprint of gold-bearing structures along strike and at depth. Article content Article content Diamond Drill Results – Highlights: Article content Jagger Zone: Article content Edward Gosselin, CEO and Director of Kobo commented: 'These latest results reinforce the scale and continuity of gold mineralisation at the Jagger Zone. We are encouraged by the width and tenor of the intercepts, which continue to validate our structural model and further support our systematic exploration approach at Kossou. With drilling still underway across our other high-priority targets, we are well-positioned to advance Kossou toward its maiden resource estimate next year as our exploration work continues.' Jagger Zone Drilling Highlights Scale and Continuity Results from seven diamond drill holes (KDD0080 to KDD0086), completed on sections JZ 525 to JZ 725 within the Jagger Zone, have been received and continue to expand the Company's understanding of this highly prospective target (see Figure 1). Article content Gold mineralisation is hosted within and along the contacts of quartz feldspar porphyry and diorite intrusions, as well as within sheared contacts of basaltic massive and pillowed flow units. These structures define significant, laterally and vertically continuous gold-bearing zones that are traceable along strike and down dip. Notably, wide mineralised intervals in hole KDD0084, including 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 Figure 2), demonstrate the presence of multiple stacked gold zones across the broader Jagger Shear Zone. Article content On section JZ 700, gold mineralisation continues to demonstrate strong continuity and consistent geological associations observed in earlier drilling. Notable intercepts include 20.0 m at 1.41 g/t Au* from 106.0 m, including 5.0 m at 3.70 g/t Au, and 7.0 m at 1.20 g/t Au from 154.0 m. These results support the broader interpretation of the Jagger Shear Zone as a robust, multi-zone gold system and correlate well with previously reported drill holes and surface trench KTR030a (see Figure 3 for Section JZ 700.) Article content Geological and Structural Setting of Gold Mineralisation at Kossou and the Jagger Zone Article content Gold mineralisation at Kossou is hosted within a N-S trending, steeply west-dipping deformation corridor associated with the regional Contact Zone Fault, which separates basaltic volcanic flows from volcano-sedimentary rocks. Within this corridor, the 'Jagger Shear Corridor', brittle-ductile shear zones act as the primary structural controls on gold emplacement, particularly where lithological contrasts occur between basaltic units and intrusive rocks, including diorite and quartz-feldspar porphyry dykes. Article content At the Jagger Zone, the main shear system is developed within a zone approximately 70-m wide and is closely associated with intrusive contacts. Drill core analysis has identified multiple quartz vein generations related to mineralisation. The V1 vein set consists of quartz veins and veinlets parallel to the S1 foliation, commonly occurring within the main shear zones and bearing gold. The dominant mineralized structures, however, are V2A veins, which trend west-northwest to northwest and are prominent both within and adjacent to the shears. A secondary vein set, V2B, is characterized by sub-horizontal hairline fractures and veinlets, which carry only sporadic gold mineralisation. Article content Drilling to date indicates that gold mineralisation pinches and swells along strike and at depth, consistent with structurally controlled orogenic gold systems commonly found within the Birimian terrane of West Africa. Article content Table 1: Summary of Significant Diamond Drill Hole Results Article content 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. Article content The Company also reports the filing of its audited consolidated financial statements for the twelve-month period ended March 31, 2025, and related management's discussion and analysis. Copies of these financial statements and related management's discussion and analysis can be found on the Company's issuer profile on SEDAR+ at as well as on the Company's website at Article content Sampling, QA/QC, and Analytical Procedures Article content 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. Core samples are drilled HQ to below oxidation level and then is reduced to NQ for the remainder of the drill hole. 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 (split of the 1 m original sample) every 20 samples. All QAQC control samples returned values within acceptable limits. Article content Review of Technical Information Article content The scientific and technical information in this press release has been reviewed and approved by Paul Sarjeant, 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. Article content About Kobo Resources Inc. Article content Kobo Resources is a growth-focused gold exploration company with a compelling new gold discovery in Côte d'Ivoire, one of West Africa's most prolific and developing gold districts, hosting several multi-million-ounce gold mines. The Company's 100%-owned Kossou Gold Project is located approximately 20 km northwest of the capital city of Yamoussoukro and is directly adjacent to one of the region's largest gold mines with established processing facilities. Article content With over 15,000 metres of diamond drilling, nearly 5,900 metres of reverse circulation (RC) drilling, and 5,900 metres of trenching completed since 2023, Kobo has made significant progress in defining the scale and prospectivity of its Kossou's Gold Project. Exploration has focused on multiple high-priority targets within a 9+ km strike length of highly prospective gold-in-soil geochemical anomalies, with drilling confirming extensive mineralisation at the Jagger, Road Cut, and Kadie Zones. The latest phase of drilling has further refined structural controls on gold mineralisation, setting the stage for the next phase of systematic exploration and resource development. Article content Beyond Kossou, the Company is advancing exploration at its Kotobi Permit and is actively expanding its land position in Côte d'Ivoire with prospective ground, aligning with its strategic vision for long-term growth in-country. Kobo remains committed to identifying and developing new opportunities to enhance its exploration portfolio within highly prospective gold regions of West Africa. 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 TSX Venture Exchange under the symbol 'KRI'. For more information, please visit Article content 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 known and unknown 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. Article content Article content Article content Contacts Article content For further information, please contact: Article content
Yahoo
a day ago
- Business
- Yahoo
Kobo Resources Intersects 21.5 m at 1.14 g/t Au and 20.0 m at 1.41 g/t Au at the Jagger Zone and Files FY 2025 Financial Results
All reported holes intersected gold mineralization, reinforcing continuity and improving structural understanding at the Jagger Zone Results support the Company's systematic exploration and targeting approach for further resource definition at Kossou QUEBEC CITY, June 19, 2025--(BUSINESS WIRE)--Kobo Resources Inc. ("Kobo" or the "Company") (TSX.V: KRI) is pleased to announce additional diamond drill results from the ongoing exploration program at its 100%-owned Kossou Gold Project ("Kossou") in Côte d'Ivoire. Results from the Jagger Zone continue to confirm broad zones of mineralisation and extend the footprint of gold-bearing structures along strike and at depth. Diamond Drill Results – Highlights: Jagger Zone: KDD0081 8.0 m at 2.13 g/t Au from 140.0 metres ("m"), including 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, including 10.25 m at 0.80 g/t Au, from 128.0 m and 2.0 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, including 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, including 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, including 5.0 m at 3.70 g/t Au from 121.0 m and including 2.0 m at 8.47 g/t Au from 123.0 m Edward Gosselin, CEO and Director of Kobo commented: "These latest results reinforce the scale and continuity of gold mineralisation at the Jagger Zone. We are encouraged by the width and tenor of the intercepts, which continue to validate our structural model and further support our systematic exploration approach at Kossou. With drilling still underway across our other high-priority targets, we are well-positioned to advance Kossou toward its maiden resource estimate next year as our exploration work continues." Jagger Zone Drilling Highlights Scale and Continuity Results from seven diamond drill holes (KDD0080 to KDD0086), completed on sections JZ 525 to JZ 725 within the Jagger Zone, have been received and continue to expand the Company's understanding of this highly prospective target (see Figure 1). Gold mineralisation is hosted within and along the contacts of quartz feldspar porphyry and diorite intrusions, as well as within sheared contacts of basaltic massive and pillowed flow units. These structures define significant, laterally and vertically continuous gold-bearing zones that are traceable along strike and down dip. Notably, wide mineralised intervals in hole KDD0084, including 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 Figure 2), demonstrate the presence of multiple stacked gold zones across the broader Jagger Shear Zone. On section JZ 700, gold mineralisation continues to demonstrate strong continuity and consistent geological associations observed in earlier drilling. Notable intercepts include 20.0 m at 1.41 g/t Au* from 106.0 m, including 5.0 m at 3.70 g/t Au, and 7.0 m at 1.20 g/t Au from 154.0 m. These results support the broader interpretation of the Jagger Shear Zone as a robust, multi-zone gold system and correlate well with previously reported drill holes and surface trench KTR030a (see Figure 3 for Section JZ 700.) Geological and Structural Setting of Gold Mineralisation at Kossou and the Jagger Zone Gold mineralisation at Kossou is hosted within a N-S trending, steeply west-dipping deformation corridor associated with the regional Contact Zone Fault, which separates basaltic volcanic flows from volcano-sedimentary rocks. Within this corridor, the "Jagger Shear Corridor", brittle-ductile shear zones act as the primary structural controls on gold emplacement, particularly where lithological contrasts occur between basaltic units and intrusive rocks, including diorite and quartz-feldspar porphyry dykes. At the Jagger Zone, the main shear system is developed within a zone approximately 70-m wide and is closely associated with intrusive contacts. Drill core analysis has identified multiple quartz vein generations related to mineralisation. The V1 vein set consists of quartz veins and veinlets parallel to the S1 foliation, commonly occurring within the main shear zones and bearing gold. The dominant mineralized structures, however, are V2A veins, which trend west-northwest to northwest and are prominent both within and adjacent to the shears. A secondary vein set, V2B, is characterized by sub-horizontal hairline fractures and veinlets, which carry only sporadic gold mineralisation. Drilling to date indicates that gold mineralisation pinches and swells along strike and at depth, consistent with structurally controlled orogenic gold systems commonly found within the Birimian terrane of West Africa. Table 1: Summary of Significant Diamond Drill Hole Results BHID East North Elev. Az. Dip Length From(m) To (m) Int.(m) Aug/t Target 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: Cut-off using 2.0 m at 0.30 g/t Au Intervals are reported with no more than 3 m of internal dilution of less than 0.3 g/t Au except where indicated* 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. The Company also reports the filing of its audited consolidated financial statements for the twelve-month period ended March 31, 2025, and related management's discussion and analysis. Copies of these financial statements and related management's discussion and analysis can be found on the Company's issuer profile on SEDAR+ at as well as on the Company's website at Sampling, QA/QC, 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. Core samples are drilled HQ to below oxidation level and then is reduced to NQ for the remainder of the drill hole. 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 (split of the 1 m original sample) every 20 samples. All QAQC control samples returned values within acceptable limits. Review of Technical Information The scientific and technical information in this press release has been reviewed and approved by Paul Sarjeant, 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. About Kobo Resources Inc. Kobo Resources is a growth-focused gold exploration company with a compelling new gold discovery in Côte d'Ivoire, one of West Africa's most prolific and developing gold districts, hosting several multi-million-ounce gold mines. The Company's 100%-owned Kossou Gold Project is located approximately 20 km northwest of the capital city of Yamoussoukro and is directly adjacent to one of the region's largest gold mines with established processing facilities. With over 15,000 metres of diamond drilling, nearly 5,900 metres of reverse circulation (RC) drilling, and 5,900 metres of trenching completed since 2023, Kobo has made significant progress in defining the scale and prospectivity of its Kossou's Gold Project. Exploration has focused on multiple high-priority targets within a 9+ km strike length of highly prospective gold-in-soil geochemical anomalies, with drilling confirming extensive mineralisation at the Jagger, Road Cut, and Kadie Zones. The latest phase of drilling has further refined structural controls on gold mineralisation, setting the stage for the next phase of systematic exploration and resource development. Beyond Kossou, the Company is advancing exploration at its Kotobi Permit and is actively expanding its land position in Côte d'Ivoire with prospective ground, aligning with its strategic vision for long-term growth in-country. Kobo remains committed to identifying and developing new opportunities to enhance its exploration portfolio within highly prospective gold regions of West Africa. 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 TSX Venture Exchange under the symbol "KRI". For more information, please visit Twitter: @KoboResources | LinkedIn: Kobo Resources 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 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 known and unknown 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. View source version on Contacts For further information, please contact: Edward GosselinChief Executive Officer and Director1-418-609-3587ir@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Associated Press
a day ago
- Business
- Associated Press
Kobo Resources Intersects 21.5 m at 1.14 g/t Au and 20.0 m at 1.41 g/t Au at the Jagger Zone and Files FY 2025 Financial Results
QUEBEC CITY--(BUSINESS WIRE)--Jun 19, 2025-- Kobo Resources Inc. (" Kobo' or the " Company ") ( TSX.V: KRI ) is pleased to announce additional diamond drill results from the ongoing exploration program at its 100%-owned Kossou Gold Project (' Kossou ') in Côte d'Ivoire. Results from the Jagger Zone continue to confirm broad zones of mineralisation and extend the footprint of gold-bearing structures along strike and at depth. This press release features multimedia. View the full release here: Diamond Drill Results – Highlights: Jagger Zone: Edward Gosselin, CEO and Director of Kobo commented: 'These latest results reinforce the scale and continuity of gold mineralisation at the Jagger Zone. We are encouraged by the width and tenor of the intercepts, which continue to validate our structural model and further support our systematic exploration approach at Kossou. With drilling still underway across our other high-priority targets, we are well-positioned to advance Kossou toward its maiden resource estimate next year as our exploration work continues.' Jagger Zone Drilling Highlights Scale and Continuity Results from seven diamond drill holes (KDD0080 to KDD0086), completed on sections JZ 525 to JZ 725 within the Jagger Zone, have been received and continue to expand the Company's understanding of this highly prospective target (see Figure 1). Gold mineralisation is hosted within and along the contacts of quartz feldspar porphyry and diorite intrusions, as well as within sheared contacts of basaltic massive and pillowed flow units. These structures define significant, laterally and vertically continuous gold-bearing zones that are traceable along strike and down dip. Notably, wide mineralised intervals in hole KDD0084, including 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 Figure 2), demonstrate the presence of multiple stacked gold zones across the broader Jagger Shear Zone. On section JZ 700, gold mineralisation continues to demonstrate strong continuity and consistent geological associations observed in earlier drilling. Notable intercepts include 20.0 m at 1.41 g/t Au* from 106.0 m, including 5.0 m at 3.70 g/t Au, and 7.0 m at 1.20 g/t Au from 154.0 m. These results support the broader interpretation of the Jagger Shear Zone as a robust, multi-zone gold system and correlate well with previously reported drill holes and surface trench KTR030a (see Figure 3 for Section JZ 700.) Geological and Structural Setting of Gold Mineralisation at Kossou and the Jagger Zone Gold mineralisation at Kossou is hosted within a N-S trending, steeply west-dipping deformation corridor associated with the regional Contact Zone Fault, which separates basaltic volcanic flows from volcano-sedimentary rocks. Within this corridor, the 'Jagger Shear Corridor', brittle-ductile shear zones act as the primary structural controls on gold emplacement, particularly where lithological contrasts occur between basaltic units and intrusive rocks, including diorite and quartz-feldspar porphyry dykes. At the Jagger Zone, the main shear system is developed within a zone approximately 70-m wide and is closely associated with intrusive contacts. Drill core analysis has identified multiple quartz vein generations related to mineralisation. The V1 vein set consists of quartz veins and veinlets parallel to the S1 foliation, commonly occurring within the main shear zones and bearing gold. The dominant mineralized structures, however, are V2A veins, which trend west-northwest to northwest and are prominent both within and adjacent to the shears. A secondary vein set, V2B, is characterized by sub-horizontal hairline fractures and veinlets, which carry only sporadic gold mineralisation. Drilling to date indicates that gold mineralisation pinches and swells along strike and at depth, consistent with structurally controlled orogenic gold systems commonly found within the Birimian terrane of West Africa. Table 1: Summary of Significant Diamond Drill Hole Results 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. The Company also reports the filing of its audited consolidated financial statements for the twelve-month period ended March 31, 2025, and related management's discussion and analysis. Copies of these financial statements and related management's discussion and analysis can be found on the Company's issuer profile on SEDAR+ at as well as on the Company's website at Sampling, QA/QC, 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. Core samples are drilled HQ to below oxidation level and then is reduced to NQ for the remainder of the drill hole. 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 (split of the 1 m original sample) every 20 samples. All QAQC control samples returned values within acceptable limits. Review of Technical Information The scientific and technical information in this press release has been reviewed and approved by Paul Sarjeant, 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. About Kobo Resources Inc. Kobo Resources is a growth-focused gold exploration company with a compelling new gold discovery in Côte d'Ivoire, one of West Africa's most prolific and developing gold districts, hosting several multi-million-ounce gold mines. The Company's 100%-owned Kossou Gold Project is located approximately 20 km northwest of the capital city of Yamoussoukro and is directly adjacent to one of the region's largest gold mines with established processing facilities. With over 15,000 metres of diamond drilling, nearly 5,900 metres of reverse circulation (RC) drilling, and 5,900 metres of trenching completed since 2023, Kobo has made significant progress in defining the scale and prospectivity of its Kossou's Gold Project. Exploration has focused on multiple high-priority targets within a 9+ km strike length of highly prospective gold-in-soil geochemical anomalies, with drilling confirming extensive mineralisation at the Jagger, Road Cut, and Kadie Zones. The latest phase of drilling has further refined structural controls on gold mineralisation, setting the stage for the next phase of systematic exploration and resource development. Beyond Kossou, the Company is advancing exploration at its Kotobi Permit and is actively expanding its land position in Côte d'Ivoire with prospective ground, aligning with its strategic vision for long-term growth in-country. Kobo remains committed to identifying and developing new opportunities to enhance its exploration portfolio within highly prospective gold regions of West Africa. 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 TSX Venture Exchange under the symbol 'KRI'. For more information, please visit Twitter: @KoboResources | LinkedIn: Kobo Resources 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 Statement on Forward-looking Information:View source version on CONTACT: For further information, please contact:Edward Gosselin Chief Executive Officer and Director 1-418-609-3587 [email protected] KEYWORD: EUROPE UNITED KINGDOM NORTH AMERICA CANADA INDUSTRY KEYWORD: MINING/MINERALS NATURAL RESOURCES SOURCE: Kobo Resources Inc. Copyright Business Wire 2025. PUB: 06/19/2025 07:30 AM/DISC: 06/19/2025 07:28 AM
National Post
15-05-2025
- Business
- National Post
Kobo Resources Reports Strong Gold Intercepts of 8.0 m at 2.07 g/t Au and 8.0 m at 2.16 g/t Au and Improves Structural Understanding at Kossou
Article content Latest diamond drill results confirm strong gold continuity across the Jagger Shear Zone, with 8.0 m at 2.07 g/t Au and 8.0 m at 2.16 g/t Au Improved understanding of structural controls and geology supports expanding mineralised zones at the Jagger Zone target All four holes intersected gold-bearing shear structures, validating the Company's exploration model and highlighting near-surface potential Article content Article content QUEBEC CITY — Kobo Resources Inc. (' Kobo' or the ' Company ') (TSX.V: KRI) is pleased to announce results from the first four diamond drill holes of the Company's current exploration program at its 100%-owned Kossou Gold Project (' Kossou ') in Côte d'Ivoire, West Africa. The new holes targeted the Jagger Zone and returned multiple high-grade gold intercepts while significantly improving the Company's understanding of the geology and structural controls that host mineralisation across this priority target. Article content Jagger Zone Diamond Drill Results – Highlights: Article content Edward Gosselin, CEO and Director of Kobo commented: 'We continue to deliver strong results at our Kossou Gold Project. Our latest drill results strengthen our understanding of the continuity of gold mineralisation at the Jagger Zone and continue to validate the broader structural model we've been developing at Kossou. In addition, new intercepts indicate additional mineralisation in the footwall of the Jagger Shear Zone within 'Jagger Structure 6' and additional drilling is warranted to further define this target.' Article content He continued: 'Gold mineralisation at the Jagger Zone occurs within an approximately 70-m wide zone of shearing and is closely associated with the quartz feldspar porphyry and diorite intrusives within the basalts, part of an overall 200 m wide deformation zone that has been mapped the length of the Jagger-Road Cut Zone area. This improved understanding of the structural controls gives us greater confidence in our ability to define additional mineralised zones and strategically advance the project going forward. As our 2025 diamond drilling campaign progresses, we remain focused on uncovering additional near-surface mineralization as we work to unlock the broader potential of Kossou.' Article content Drill hole KDD0077, completed on Jagger Section JZ650, was drilled to test the continuity of mineralisation between previously drilled in holes KRC006 and KRC007 ( see press release July 24, 2023). The hole successfully confirmed the predicted continuity of the Jagger Shear Zone and its associated gold-bearing structures. Notably, Jagger Structure 6 (' JS6 ') was intersected near the bottom of the hole, returned 5.0 m at 1.88 g/t Au, highlighting its potential as a significant but relatively underexplored gold-bearing shear zone. JS6 will be prioritized for additional drill testing in future phases. See Figure 2 for cross section JZ650. Detailed collar information and intercepts for all four holes are provided in Table 1. Article content Drill hole KDD0078, completed on section JZ625, demonstrated continuity of the Jagger Shear Zone and higher-grade mineralisation, similar to what has been observed in previous drilling. The hole is projected onto section JZ600 (see Figure 3), and demonstrates strike continuity of gold mineralisation across the zone. Importantly, KDD0078 also intersected significant mineralisation within JS6, returning 4.0 m at 2.39 g/t Au, reinforcing the structure's potential as a key mineralized target. Article content Drill hole KDD0079, completed on section JZ575, continued to demonstrate strong correlation between the overall Jagger Shear Zone and associated higher-grade gold mineralized intervals. Consistent with previous drilling, KDD0079 intersected JS6, returning a broad zone of 14.0 m grading 0.87 g/t Au. Article content Additional shear zones with anomalous gold values were encountered in all four diamond drill holes on the footwall side of JS6, suggesting potential for additional mineralised shear zones within the volcanic package approaching the first order Contact Fault Zone. Article content The gold mineralisation at Kossou is localized within a broad, north-south–trending and steeply west-dipping deformation corridor with an estimated width of approximately 200 m, consisting of anastomosing second- and third-order fault zones in close proximity to the first-order Contact Zone Fault that separates basaltic volcanics from volcano-sedimentary rocks. Article content The brittle-ductile shears and faults in the area serve as the primary structural controls on gold mineralization. The development of shears at the Jagger Zone is strongly influenced by lithological competency contrasts between basalt and diorite/quartz feldspar porphyry dykes within the volcanic package. Article content The main zone of shearing at the Jagger Zone occurs within an approximately 70-m wide corridor and is closely associated with the quartz feldspar porphyry and diorite intrusives within the basalts. Article content The primary vein types intersected in the drill core are V1 quartz veins and veinlets, which are parallel to the S1 foliation and are gold-bearing within the main shear zones. The dominant gold-bearing veins are V2A veins, which trend WNW to NW and are prominent within and in close proximity to the shears. A relatively minor set of sub-horizontal V2B veinlets and hairline fractures contains sporadic mineralization. Article content Recent drilling has shown that JS6, situated approximately 100 m in the footwall of the main Jagger Shear Zone, contains a consistent and laterally persistent shear zone, with all four of the latest diamond drill holes intersecting this structure. Article content The results of these four diamond drill holes demonstrate that gold intersections occurred where predicted, providing evidence of relatively good along-strike continuity within this part of the shear zone. Article content Drill hole KDD0076 was completed using an azimuth of 045° to test the effectiveness of the current drill orientation. In contrast, drill holes KDD0077 through KDD0079 were completed at the standard 070° azimuth. Results from this test confirm that the 070° orientation remains optimal for targeting the mineralized structures at Jagger, and that no adjustments to the current drilling pattern are necessary. Article content BHID East North Elev. Az. Dip Depth From (m) To (m) Int. (m) Au g/t Target KDD0076 229029 775272 354 45 -50 244.05 38.0 40.0 2.0 4.13 Jagger 45.0 47.0 2.0 2.66 Jagger 54.0 60.0 6.0 1.20 Jagger 88.0 91.0 3.0 0.63 Jagger 98.0 102.0 4.0 0.70 Jagger 192.0 197.0 5.0 0.58 Jagger KDD0077 229029 775272 354 70 -50 221.05 34.0 44.0 10.0 1.13 Jagger 56.0 64.0 8.0 2.07 Jagger incl. 61.0 64.0 3.0 4.23 Jagger 83.0 85.6 2.6 1.17 Jagger 90.9 92.6 1.8 0.57 Jagger 106.0 109.0 3.0 0.43 Jagger 185.0 190.0 5.0 1.88 Jagger KDD0078 229006 775291 351 70 -50 242.05 55.0 58.0 3.0 3.08 Jagger 64.0 70.0 6.0 1.64 Jagger incl. 64.0 65.0 1.0 8.47 Jagger 95.0 102.3 7.3 1.63 Jagger 105.9 109.0 3.1 0.48 Jagger 197.0 201.0 4.0 2.39 Jagger KDD0079 228991 775311 344 70 -50 242.05 45.0 53.0 8.0 2.16 Jagger incl. 48.0 50.0 2.0 5.20 Jagger 61.0 69.4 8.4 1.64 Jagger incl. 64.0 69.4 5.4 2.23 Jagger 108.5 116.0 7.5 0.99 Jagger 120.0 129.0 9.0 0.44 Jagger 198.0 212.0 14.0 0.87 Jagger incl. 198.0 208.0 10.0 0.96 Jagger incl. 198.0 204.0 6.0 1.33 Jagger Notes: Cut-off using 2.0 m at 0.30 g/t Au Article content 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. Article content Sampling, QA/QC, and Analytical Procedures Article content Drill core (HQ/NQ) 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 (split of the 1 m original sample) every 20 samples. All QAQC control samples returned values within acceptable limits. Article content The scientific and technical information in this press release has been reviewed and approved by Paul Sarjeant, 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. Article content Kobo Resources is a growth-focused gold exploration company with a compelling new gold discovery in Côte d'Ivoire, one of West Africa's most prolific and developing gold districts, hosting several multi-million-ounce gold mines. The Company's 100%-owned Kossou Gold Project is located approximately 20 km northwest of the capital city of Yamoussoukro and is directly adjacent to one of the region's largest gold mines with established processing facilities. Article content With over 15,000 metres of diamond drilling, nearly 5,900 metres of reverse circulation (RC) drilling, and 5,900 metres of trenching completed since 2023, Kobo has made significant progress in defining the scale and prospectivity of its Kossou's Gold Project. Exploration has focused on multiple high-priority targets within a 9+ km strike length of highly prospective gold-in-soil geochemical anomalies, with drilling confirming extensive mineralisation at the Jagger, Road Cut, and Kadie Zones. The latest phase of drilling has further refined structural controls on gold mineralisation, setting the stage for the next phase of systematic exploration and resource development. Article content Beyond Kossou, the Company is advancing exploration at its Kotobi Permit and is actively expanding its land position in Côte d'Ivoire with prospective ground, aligning with its strategic vision for long-term growth in-country. Kobo remains committed to identifying and developing new opportunities to enhance its exploration portfolio within highly prospective gold regions of West Africa. 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 TSX Venture Exchange under the symbol 'KRI'. For more information, please visit Article content 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 known and unknown 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. Article content Article content Article content Article content Contacts Article content Article content Article content
Business Wire
15-05-2025
- Business
- Business Wire
Kobo Resources Reports Strong Gold Intercepts of 8.0 m at 2.07 g/t Au and 8.0 m at 2.16 g/t Au and Improves Structural Understanding at Kossou
QUEBEC CITY--(BUSINESS WIRE)--Kobo Resources Inc. (" Kobo' or the " Company") (TSX.V: KRI) is pleased to announce results from the first four diamond drill holes of the Company's current exploration program at its 100%-owned Kossou Gold Project (' Kossou ') in Côte d'Ivoire, West Africa. The new holes targeted the Jagger Zone and returned multiple high-grade gold intercepts while significantly improving the Company's understanding of the geology and structural controls that host mineralisation across this priority target. Jagger Zone Diamond Drill Results – Highlights: Edward Gosselin, CEO and Director of Kobo commented: 'We continue to deliver strong results at our Kossou Gold Project. Our latest drill results strengthen our understanding of the continuity of gold mineralisation at the Jagger Zone and continue to validate the broader structural model we've been developing at Kossou. In addition, new intercepts indicate additional mineralisation in the footwall of the Jagger Shear Zone within 'Jagger Structure 6' and additional drilling is warranted to further define this target.' He continued: 'Gold mineralisation at the Jagger Zone occurs within an approximately 70-m wide zone of shearing and is closely associated with the quartz feldspar porphyry and diorite intrusives within the basalts, part of an overall 200 m wide deformation zone that has been mapped the length of the Jagger-Road Cut Zone area. This improved understanding of the structural controls gives us greater confidence in our ability to define additional mineralised zones and strategically advance the project going forward. As our 2025 diamond drilling campaign progresses, we remain focused on uncovering additional near-surface mineralization as we work to unlock the broader potential of Kossou.' Drill hole KDD0077, completed on Jagger Section JZ650, was drilled to test the continuity of mineralisation between previously drilled in holes KRC006 and KRC007 (see press release July 24, 2023). The hole successfully confirmed the predicted continuity of the Jagger Shear Zone and its associated gold-bearing structures. Notably, Jagger Structure 6 (' JS6 ') was intersected near the bottom of the hole, returned 5.0 m at 1.88 g/t Au, highlighting its potential as a significant but relatively underexplored gold-bearing shear zone. JS6 will be prioritized for additional drill testing in future phases. See Figure 2 for cross section JZ650. Detailed collar information and intercepts for all four holes are provided in Table 1. Drill hole KDD0078, completed on section JZ625, demonstrated continuity of the Jagger Shear Zone and higher-grade mineralisation, similar to what has been observed in previous drilling. The hole is projected onto section JZ600 (see Figure 3), and demonstrates strike continuity of gold mineralisation across the zone. Importantly, KDD0078 also intersected significant mineralisation within JS6, returning 4.0 m at 2.39 g/t Au, reinforcing the structure's potential as a key mineralized target. Drill hole KDD0079, completed on section JZ575, continued to demonstrate strong correlation between the overall Jagger Shear Zone and associated higher-grade gold mineralized intervals. Consistent with previous drilling, KDD0079 intersected JS6, returning a broad zone of 14.0 m grading 0.87 g/t Au. Additional shear zones with anomalous gold values were encountered in all four diamond drill holes on the footwall side of JS6, suggesting potential for additional mineralised shear zones within the volcanic package approaching the first order Contact Fault Zone. Understanding Gold Controls at the Kossou Gold Project The gold mineralisation at Kossou is localized within a broad, north-south–trending and steeply west-dipping deformation corridor with an estimated width of approximately 200 m, consisting of anastomosing second- and third-order fault zones in close proximity to the first-order Contact Zone Fault that separates basaltic volcanics from volcano-sedimentary rocks. The brittle-ductile shears and faults in the area serve as the primary structural controls on gold mineralization. The development of shears at the Jagger Zone is strongly influenced by lithological competency contrasts between basalt and diorite/quartz feldspar porphyry dykes within the volcanic package. The main zone of shearing at the Jagger Zone occurs within an approximately 70-m wide corridor and is closely associated with the quartz feldspar porphyry and diorite intrusives within the basalts. The primary vein types intersected in the drill core are V1 quartz veins and veinlets, which are parallel to the S1 foliation and are gold-bearing within the main shear zones. The dominant gold-bearing veins are V2A veins, which trend WNW to NW and are prominent within and in close proximity to the shears. A relatively minor set of sub-horizontal V2B veinlets and hairline fractures contains sporadic mineralization. Recent drilling has shown that JS6, situated approximately 100 m in the footwall of the main Jagger Shear Zone, contains a consistent and laterally persistent shear zone, with all four of the latest diamond drill holes intersecting this structure. The results of these four diamond drill holes demonstrate that gold intersections occurred where predicted, providing evidence of relatively good along-strike continuity within this part of the shear zone. Drilling Orientation Testing Completed Drill hole KDD0076 was completed using an azimuth of 045° to test the effectiveness of the current drill orientation. In contrast, drill holes KDD0077 through KDD0079 were completed at the standard 070° azimuth. Results from this test confirm that the 070° orientation remains optimal for targeting the mineralized structures at Jagger, and that no adjustments to the current drilling pattern are necessary. Table 1: Summary of Significant Diamond Drill Hole Results 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, QA/QC, and Analytical Procedures Drill core (HQ/NQ) 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 (split of the 1 m original sample) every 20 samples. All QAQC control samples returned values within acceptable limits. Review of Technical Information The scientific and technical information in this press release has been reviewed and approved by Paul Sarjeant, 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. About Kobo Resources Inc. Kobo Resources is a growth-focused gold exploration company with a compelling new gold discovery in Côte d'Ivoire, one of West Africa's most prolific and developing gold districts, hosting several multi-million-ounce gold mines. The Company's 100%-owned Kossou Gold Project is located approximately 20 km northwest of the capital city of Yamoussoukro and is directly adjacent to one of the region's largest gold mines with established processing facilities. With over 15,000 metres of diamond drilling, nearly 5,900 metres of reverse circulation (RC) drilling, and 5,900 metres of trenching completed since 2023, Kobo has made significant progress in defining the scale and prospectivity of its Kossou's Gold Project. Exploration has focused on multiple high-priority targets within a 9+ km strike length of highly prospective gold-in-soil geochemical anomalies, with drilling confirming extensive mineralisation at the Jagger, Road Cut, and Kadie Zones. The latest phase of drilling has further refined structural controls on gold mineralisation, setting the stage for the next phase of systematic exploration and resource development. Beyond Kossou, the Company is advancing exploration at its Kotobi Permit and is actively expanding its land position in Côte d'Ivoire with prospective ground, aligning with its strategic vision for long-term growth in-country. Kobo remains committed to identifying and developing new opportunities to enhance its exploration portfolio within highly prospective gold regions of West Africa. 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 TSX Venture Exchange under the symbol "KRI'. For more information, please visit Twitter: @KoboResources | LinkedIn: Kobo Resources 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 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 known and unknown 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.
