08:57 AM EDT, 03/25/2025 (MT Newswires) -- Kobo Resources ( KBRIF ) said Tuesday that it continues to advance exploration at the Kossou gold project in Cote d'Ivoire.

The company said it is analyzing results from a recently completed 10,000-meter diamond drill program to optimize plans for its largest drill program to date at Kossou, which is expected to begin in the second quarter.

"As we prepare to launch our largest drill program to date in Q2 2025, we remain focused on systematically advancing the Kossou gold project and further defining its resource potential, reinforced by recent strong insider commitment to our strategy," CEO Edward Gosselin said.

Kobo is also pursuing early-stage exploration at its Kotobi permit and preliminary grassroots work as part of two earn-in agreements with Nesdave Mining.

"We are actively progressing regional exploration at our Kotobi Permit and initiating early groundwork on the Nesdave permits to expanding our footprint in Cote d'Ivoire's highly prospective gold districts," Gosselin said.

Kobo's share price gained 1.8% on Monday to $0.29 on the TSXV.