08:28 AM EDT, 08/13/2024 (MT Newswires) -- Kobo Resources ( KBRIF ) , which gained 5.5% yesterday, on Tuesday announced final assay results from the remaining seven drill holes as part of the company's diamond drilling program at its Kossou Gold Project in Cote d'Ivoire.
These results are part of the completed 4,368.5 metres of diamond drilling across 25 holes on the company's three key gold targets: Jagger Zone, Road Cut Zone, and Kadie Zone.
"The final results from our initial diamond drilling program underscore the strong potential of the Kossou Gold Project, particularly with high-grade intercepts, including 14 metres at 2.91 g/t Au and 6 metres at 5.47 g/t Au from the Jagger Zone, confirming the continuity and depth of mineralization at this key gold target," said CEO Edward Gosselin. "These findings not only build upon our previous exploration work, but they are providing a solid basis for the upcoming diamond drilling program set to start in September."
In the Road Cut Zone, the Diamond drill hole KDD0020, drilled 50 m north of KDD0012, intersected significant shearing but yielded only 2.0 m at 0.30 g/t Au from 48.0 m.
In the Kadie Zone, KDD0024 which tested the Kadie 2 anomaly 50 m southeast of KDD0004 returned several gold mineralization zones (2.0 m at 3.95 g/t Au from 17.0 m and 7.0 m at 1.91 g/t Au, including 2.0 m at 5.76 g/t Au from 64.0 m depth).