Announcement • Aug 06

Kobo Resources Expands Gold Mineralisation Across Multiple Structures At the Road Cut Zone Ahead of Inaugural Mineral Resource Estimate

Kobo Resources Inc. reported diamond drill results from twelve additional holes completed at the Road Cut Zone at its 100%-owned Kossou Gold Project in Côte d’Ivoire. Drilling continues to expand gold mineralisation across three principal structures at the Road Cut Zone: the Main Road Cut Shear, Artisanal Shear and Contact Zone Fault, with all zones remaining open at depth. With more than 47,850 m now completed across 240 drill holes, including more than 10,700 m since the beginning of 2026, the company continues to advance resource definition and exploration drilling toward an inaugural Mineral Resource Estimate expected in Fourth Quarter 2026. Diamond drill holes KDD0161 to KDD0172 were completed across approximately 400 m of strike between sections RCZ200 and RCZ600. The holes were designed to test multiple targets within the Road Cut Zone, including the Main Road Cut Shear, Artisanal Shear and mineralisation associated with the Contact Zone Fault. Gold mineralisation is hosted in foliated and sheared basalts associated with V1 and V2 vein sets within the shear zones. Mineralised V2 vein sets also extend beyond the principal shear zones into unfoliated basalt host rocks and volcanosedimentary rocks along the Contact Zone Fault. Gold mineralisation has also been intersected in V2 vein sets hosted within, and immediately adjacent to, quartz-feldspar porphyry intrusive rocks. Five drill holes completed between sections RCZ450 and RCZ600 intersected the targeted Main Road Cut Shear. On section RCZ550, KDD0168 returned 7.0 m at 4.16 g/t Au from 193.0 m and 3.0 m at 1.55 g/t Au from 205.0 m, while KDD0164 returned 3.0 m at 1.89 g/t Au from 117.0 m and 6.0 m at 0.45 g/t Au from 133.0 m. Mineralisation remains open at depth. Additional significant intercepts were recorded in the hanging wall of the Main Road Cut Shear. KDD0168 returned 4.0 m at 2.71 g/t Au from 150.0 m and 5.0 m at 0.93 g/t Au from 162.0 m, associated with V2 veins hosted in quartz-feldspar porphyry or unfoliated basalts. KDD0164 also intersected 4.0 m at 1.12 g/t Au from 61.0 m. KDD0168 returned several significant intercepts at the Artisanal Shear, including 18.0 m at 0.64 g/t Au from 336.0 m, including 5.0 m at 0.88 g/t Au and 5.0 m at 1.09 g/t Au. The Artisanal Shear has now been tested to approximately 150 m below surface and remains open at depth. At the Contact Zone Fault, the hole intersected 2.0 m at 2.38 g/t Au from 374.0 m along the contact between the volcanic and volcanosedimentary packages. Further drilling beneath this hole is warranted. On section RCZ600, KDD0167 intersected several zones of gold mineralisation associated with the Main Road Cut Shear, highlighted by 2.0 m at 21.10 g/t Au from 321.0 m. Additional intervals of 3.0 m at 1.11 g/t Au from 299.0 m and 2.0 m at 0.45 g/t Au from 311.0 m further define the Main Road Cut Shear at approximately 200 m below surface. The hole was extended to test the Contact Zone Fault and intersected three additional zones of mineralisation, including 2.0 m at 2.36 g/t Au from 453.0 m. Mineralisation remains open at depth across both targets. Additional zones of gold mineralisation were encountered in the hanging wall of the Main Road Cut Shear, including 4.0 m at 1.35 g/t Au from 160.0 m, 3.0 m at 3.67 g/t Au from 189.0 m, including 1.0 m at 10.10 g/t Au, and 8.0 m at 1.34 g/t Au. These zones are associated with V2 veins hosted in unfoliated basalts distal to the principal shear systems. KDD0170 was drilled on section RCZ500 to test multiple mineralised zones and returned a key intercept of 8.0 m at 2.65 g/t Au from 355.0 m, including 3.30 m at 5.99 g/t Au, associated with the Contact Zone Fault. Mineralisation was intersected approximately 175 m below surface and remains open at depth. The company plans additional drilling above and below KDD0170 to further test the extent of mineralisation along the structure. KDD0170 also intersected several hanging-wall zones associated with V2 veins in unfoliated basalts, including 4.0 m at 0.99 g/t Au from 11.0 m and 15.0 m at 0.64 g/t Au from 81.0 m, including 9.0 m at 0.81 g/t Au. The hole also extended mineralisation at the Artisanal Shear to depth, returning 5.0 m at 0.69 g/t Au from 288.0 m and confirming the presence of strong shearing at least 125 m below surface. Two diamond drillholes were completed on section RCZ450 targeting the Artisanal Shear and the Contact Zone Fault shear. Hole KDD0172 was successful in intersecting a broad, lower grade zone of mineralisation corresponding to the Artisanal Shear returning 14.0 m at 0.73 g/t Au from 235.0 m, including subintervals of 1.0 m at 4.03 g/t Au, 1.0 m at 2.28 g/t Au and 1.0 m at 2.48 g/t Au that define the extents of the shear at this depth. The hole also intersected 2.0 m at 1.08 g/t Au at the Contact Zone Fault. Hole KDD0169 was also drilled on the same section and undercut KDD0172 and represents approximately 50 m depth offset. The hole intersected 2.0 m at 2.71 g/t Au from 313.0 m corresponding to the Artisanal Shear and intersected 2.0 m at 0.42 g/t Au from 372.0 m at the Contact Zone Fault, extending the system to approximately 150 m below surface. Based on these results shear zones with gold mineralisation persist at depth. Both drill holes intersected zones of gold mineralisation in the hanging wall to the shear package. KDD0169 cut 5.0 m at 1.46 g/t Au from 108.0 m and 5.0 m at 0.71 g/t Au from 199.0 m. In KDD0172 mineralisation was intersected right from surface with 3.0 m at 3.23 g/t Au and 5.0 m at 1.21 g/t Au from 70.0 m. These intercepts are all associated with V2 veins in unfoliated basalt units. The company continues to advance an extensive exploration program at Kossou, where more than 47,850 m of drilling has now been completed to date across 240 holes. Recent drilling has focused on expanding and defining the Road Cut Main Shear, Artisanal Shear and Contact Zone Fault, while the broader two-drill program continues to advance the Jagger, Road Cut and Kadie Zones and evaluate additional targets across the project's 9+ km prospective strike length. This release reports results from twelve drill holes completed across multiple targets within the Road Cut Zone. Drill core was logged and sampled by Kobo personnel at site. Drill cores were sawn in half, with one half remaining in the core box and the other half secured into new plastic sample bags with sample number tickets. Core samples are drilled using HQ core barrels to below the level of oxidation and then reduced to NQ core barrels for the remainder of the bore hole. Samples are transported to the SGS Côte d’Ivoire facility in Yamoussoukro by Kobo personnel where the entire sample was prepared for analysis.

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