08:22 AM EDT, 09/17/2024 (MT Newswires) -- Kobo Resources ( KBRIF ) said Tuesday that it resumed diamond drilling at the Kossou gold project in Cote d'Ivoire.

The 10,000-meter drill program will target key gold zones identified in previous exploration efforts.

"We are fully funded for this program and into next year, providing us with the resources to aggressively pursue our exploration objectives," Chief Executive Edward Gosselin said. "The key zones we're targeting hold significant potential, and this new program will build on previous success by testing depth extensions and uncharted mineralized areas."

Kobo's share price fell 3.7% yesterday to $0.26.