Kobo Resources Inc. report the discovery of new high-grade gold mineralisation following additional trenching at the Road Cut Zone (?RCZ?) and positive results from continued exploration work at the Kadie and Jagger zones at the Company?s 100%-owned Kossou Gold Project. KTR070: 4.44 g/t Au over 28 metres (?m?), including 6.54 g/t Au over 18 m, KTR069: 2.50 g/t Au over 6 m and KTR073: 2.03 g/t Au over 5 m. Recent trenching at the RCZ has uncovered an important new discovery of high-grade gold mineralisation located east of the main drill target from the reverse circulation drill program completed earlier this year. These trenches at the RCZ are located on the eastern edge of a strong gold-in-soil geochemical anomaly that had not previously been trenched or drilled (Figure 1).

This new zone is also located 120 m to the west of the prospective Contact Zone Fault that has been identified as a significant first order structure that may provide pathways for gold mineralisation along a 300 m wide and greater than 2 km long structural corridor mapped by the Company. Gold mineralisation within these trenches is associated with both a N-NW trending shear zone and the high-grade gold values are associated with cross-cutting W-NW and easterly striking quartz vein sets as defined by the recent structural study completed at Kossou in September (Figure 2). These are the same structural controls and associations that control significant mineralisation at both the Jagger and Kadie zones and correspond to the regional picture being developed by the Company.

Three N-S trenches were excavated and sampled at the Kadie Zone to further evaluate and map cross-cutting vein sets (Figure 3). Mapping and assay results in all three trenches have confirmed the presence of W-NW and easterly striking high-grade quartz vein sets (up to 50.70 g/t over 1 m) cross-cutting the dominant N-S shear and support gold in soil geochemical anomalies that indicate of 750+ m of strike extent at the Kadie Zone. Based on these results, the Company will plan to drill the Kadie Zone target during the upcoming drill program.

Continued trenching at the Jagger Zone has confirmed significant gold grades east of the core of the Jagger shear zone in trench KTR062 (Figure 3). Broad zones of gold mineralisation have been identified in a northly trending shear structure parallel to the main Jagger shear zone. Additionally, mapping has identified various zones of high-grade quartz veins cross-cutting the main northerly shear zone in concurrence with the known structural trends.

Similarly, KTR066 has mapped the Jagger shear zone north of drill holes KRC010 and KRC011 with broad zones of sub 1 g/t Au material within the main shear structure. Trench KTR067, a N-S trench, tested the main Jagger shear zone north of drill hole KRC047 and successfully identified the main N-S Jagger shear zone and several zones of the high-grade cross-cutting vein sets. These results suggest the zone remains open to the north as predicted by the gold-in-soil geochemical anomaly and previous drilling.