Kobo Resources Expands Gold Mineralisation at Kossou with High-Grade Results from Road Cut and Jagger Zones
Kobo uncorks 2 meters of 75 g/t gold at Kossou, lighting a fire under a battered stock.
On May 26, 2026, Kobo Resources announced diamond drill results from eight additional holes at the Jagger and Road Cut Zones of its 100%-owned Kossou Gold Project in Côte d’Ivoire. The standout intercept is 2.0 m at 75.29 g/t Au (including 1.0 m at 150.0 g/t Au) in the Jagger Zone. Other notable results include 7.0 m at 5.67 g/t Au in the Road Cut Zone and multiple multi-meter intervals in both zones. The company also provided an operations update: over 42,000 m of drilling across 222 holes completed to date; 5,330 m drilled in 2026 with a target of 10,000–15,000 m; a second drill rig is expected on site in June; metallurgical test work on composite samples is underway; and the Kotobi Permit is set to see its first drilling in late June. A maiden Mineral Resource Estimate (MRE) for Kossou is on track for the second half of 2026.
The latest results mark a significant escalation in grade intensity at Kossou. The 2 m at 75.29 g/t Au intercept, including a half-meter grading 150 g/t, is the highest-grade interval ever reported by the company and one of the standout Bonanza-grade hits in the sector. This release substantially improves confidence in the presence of a high-grade core within the Jagger shear system, which could transform the economic potential of the deposit.
Viewed in the context of historical news, the project has been delivering consistent, wide zones of mineralization with grades typically between 1 and 4 g/t Au, punctuated by occasional higher-grade spikes (e.g., 2 m at 26.08 g/t in February 2026 and 7 m at 5.06 g/t in March 2026). This new result dwarfs all prior high-grade intercepts and strongly suggests that the Jagger Zone hosts a robust, coarse-gold component that could meaningfully boost the overall resource grade.
While the broader drill program continues to demonstrate continuity and scale, this particular release is genuinely new, unexpected, and market-moving for a junior explorer of Kobo’s size. It is not merely a follow-up to previous announcements—it changes the conversation around the project’s upside. The news comes at a time when Kobo’s share price has been under severe pressure, having fallen from $0.35 in March to $0.23, testing multi-month support. Therefore, the high-grade discovery has the potential to act as a sentiment reset and a catalyst for re-rating, assuming follow-up drilling can replicate such grades.
The rating is Material – Positive because the intercept is exceptional, exceeds expectations, and can materially alter the project’s perceived value.
- Kobo Resources Inc. is a junior gold exploration company listed on the TSX Venture Exchange (ticker: KRI). It is focused on acquiring and developing gold properties in Côte d’Ivoire, West Africa.
- Flagship Asset: The 100%-owned Kossou Gold Project (Côte d’Ivoire). The project covers multiple gold-bearing shear zones: Jagger, Road Cut, Kadie, and Shadow. Exploration has been ongoing since 2023, with over 42,000 m of diamond drilling completed to date. The company is aiming for a maiden Mineral Resource Estimate in H2 2026.
- Other Projects:
- Kotobi Permit (301.8 km²) – High-priority gold-in-soil anomalies and trench results; initial drilling expected late June 2026.
- Yakassé Project – Earn-in agreement to acquire up to 90% interest (74.06 km²) in a historically high-grade corridor.
- Nesdave earn-in agreements (Agnibilekro) – Early-stage work.
- Management and Technical Team:
- Edward Gosselin – CEO & Director (owns ~18.81% of shares as of mid-2024).
- Paul Sarjeant, P.Geo. – President & COO, Qualified Person.
- Dr. Clay E. Postlethwaite – Technical Advisor (appointed 2025), former Newmont Africa manager.