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Kobo Resources Inc. ( (TSE:KRI) ) just unveiled an announcement.
Kobo Resources reported new diamond drilling results from its Kossou Gold Project in Côte d’Ivoire, confirming strong and continuous gold mineralisation within the established Jagger and Road Cut Zones and identifying additional gold-bearing structures beyond previously defined areas. Notable intersections include 8.0 metres at 3.02 g/t gold at the Jagger Zone and 6.0 metres at 2.59 g/t gold at the Road Cut Zone, along with deeper mineralisation that remains open at depth. The company has now drilled more than 34,800 metres across 192 holes at Kossou, and the latest results expand the mineralised footprint and target inventory, reinforcing the project’s scale and growth potential as drilling progresses toward an initial resource definition, with implications for enhancing Kobo’s project pipeline and positioning within the West African gold exploration space.
The most recent analyst rating on (TSE:KRI) stock is a Buy with a C$0.60 price target. To see the full list of analyst forecasts on Kobo Resources Inc. stock, see the TSE:KRI Stock Forecast page.
More about Kobo Resources Inc.
Kobo Resources Inc. is a Canada-based mineral exploration company focused on advancing its 100%-owned Kossou Gold Project in Côte d’Ivoire. Operating in the gold exploration and development sector, the company targets structurally controlled gold systems, with drilling campaigns aimed at defining resources and expanding mineralised zones to build scale within a prospective West African gold district.
Average Trading Volume: 72,830
Technical Sentiment Signal: Sell
Current Market Cap: C$29.2M
For an in-depth examination of KRI stock, go to TipRanks’ Overview page.