Northwire Canada EditionSunday, August 9, 2026
Northwire
WHN 0.375 −2.6% LME 0.140 +3.7% AAUC 30.49 +5.3% GGM 0.040 +14.3% FDY 6.18 +3.2% MOG 0.640 +3.2% NEXM 3.20 +1.3% NCAU 0.330 +3.1% LUC 0.160 +0.0% BTR 0.140 +0.0% SMRV 0.200 −16.7% BIG 0.880 +3.5% URC 3.89 +0.0% ATY 0.250 −2.0% NRM 0.075 +7.1% WMS 0.040 +0.0% WHN 0.375 −2.6% LME 0.140 +3.7% AAUC 30.49 +5.3% GGM 0.040 +14.3% FDY 6.18 +3.2% MOG 0.640 +3.2% NEXM 3.20 +1.3% NCAU 0.330 +3.1% LUC 0.160 +0.0% BTR 0.140 +0.0% SMRV 0.200 −16.7% BIG 0.880 +3.5% URC 3.89 +0.0% ATY 0.250 −2.0% NRM 0.075 +7.1% WMS 0.040 +0.0%
Drill Results

Kobo Resources identifies four anomalies at Kotobi

KRI · Price

Executive Summary

  • Kobo Resources Inc. has released results from its first-phase grassroots exploration program at its 100%-owned Kotobi project in Côte d'Ivoire, identifying four high-priority gold targets based on soil geochemistry and initial trenching.
  • The company outlined four distinct geochemical anomalies (Kotobi 1, 2, 3, and 4) with gold-in-soil concentrations exceeding 500 ppb Au, with Kotobi 1 showing the strongest potential.
  • Initial trenching at the Kotobi 1 target intersected significant gold mineralization, including a high-grade quartz vein, prompting plans for an aggressive mechanized trenching program followed by drilling expected to begin in early 2026.

Key Details

  • Project Location & Size: The Kotobi project is a 301.8-square-kilometre licence located 20 km east of Bongouanou in central-eastern Ivory Coast, underlain by folded Birimian-aged volcanosediment and metasediment units.
  • Kotobi 1 Target (Primary Focus):
    • Soil Geochemistry: Defined a 700-metre-long north/northwest-trending anomaly on a 25m x 25m grid, located ~150 m west of the contact between metasediments and a granodiorite intrusion. Peak gold-in-soil concentrations reached 1,420 ppb Au.
    • Trench Results: Three trenches (KTR014, KTR015, KTR016) were excavated along a 350-metre strike.
      • KTR014: Intersected 4.0 m at 2.68 g/t Au, including a one-metre-wide subvertical quartz vein assaying 9.64 g/t Au.
      • KTR016: Returned a broad low-grade zone of 18.0 m at 0.88 g/t Au, including 4.0 m at 3.10 g/t Au and 1.0 m at 10.20 g/t Au.
  • Kotobi 2 Target: Located 2 km southeast of Agoua Village; peak gold-in-soil concentrations of 430 ppb Au within a 400-square-metre area.
  • Kotobi 3 Target: Located 3 km east of Brou Akpaoussou Village; peak gold-in-soil concentrations of 610 ppb Au. Anomalous values span a 1,400-metre strike requiring infill sampling.
    • Structural Link: Kotobi 2 and 3 are ~6.3 km apart and may be controlled by the same northeast-trending structure.
  • Kotobi 4 Target: Located 2.4 km west of Assouakro Village in an area with significant artisanal alluvial gold mining. The anomaly extends along an 800-metre strike, is up to 150 metres wide, and has peak gold-in-soil concentrations of 780 ppb Au.
  • Exploration Methodology:
    • Soil sampling grids ranged from 400m x 50m (southern parts) to 25m x 25m (infill in northern parts).
    • Total samples assayed to date: 7,356 soil samples, 46 termite mound samples, 95 shallow pit samples, 79 rock chip samples, and 385 channel samples.
    • Analytical work performed at SGS Ivory Coast using 50-gram fire assay (method FAA505).
  • Future Plans: CEO Edward Gosselin announced an aggressive mechanized trenching program to understand geological controls before drilling, which is expected to commence in early 2026.

Notable Quotes

  • Edward Gosselin, CEO: "Our first phase of work at Kotobi has established a clear foundation for a new exploration pipeline within our Cote d'Ivoire portfolio. I am very encouraged by these results, which outline four well-defined geochemical anomalies with gold-in-soil concentrations exceeding 500 ppb Au along significant strike lengths."
  • Edward Gosselin, CEO: "The compelling gold mineralization intersected in the initial trenches at the Kotobi 1 target suggest that the current soil geochemical anomalies have a bedrock source containing economic gold grades. We will be starting an aggressive mechanized trenching program to better understand the geological controls to gold mineralization at surface before starting drilling, which is expected to begin in early 2026."
Read the original news release →

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