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Kobo Resources Inc. ( (TSE:KRI) ) has shared an announcement.
Kobo Resources Inc. has reported promising diamond drill results from its Kossou Gold Project, highlighting significant gold mineralization at the Jagger and Road Cut Zones. These findings, part of an ongoing 12,000–15,000 meter drilling program, reinforce the company’s confidence in the project’s potential and are crucial for the upcoming maiden Mineral Resource Estimate. The results underscore the continuity of gold-bearing shears and the strategic importance of the Contact Zone Fault, suggesting substantial implications for the company’s future exploration and development efforts.
The most recent analyst rating on (TSE:KRI) stock is a Buy with a C$0.55 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. operates in the mining industry, focusing on the exploration and development of gold resources. The company is primarily engaged in advancing its Kossou Gold Project in Côte d’Ivoire, West Africa, with a strong emphasis on identifying high-grade gold mineralization zones.
Average Trading Volume: 91,149
Technical Sentiment Signal: Sell
Current Market Cap: C$31.25M
For a thorough assessment of KRI stock, go to TipRanks’ Stock Analysis page.