Kobo Resources' President and COO, Paul Sarjeant, recently participated in the Grizzle's Fall 2024 #Gold & Silver Roundtable, discussing the advantages of exploring for gold in Côte d'Ivoire. ⛏️ In Côte d'Ivoire since 2014, Kobo had an operating advantage and was an early mover in an underexplored region with high potential 🎯 Nearly 1,200 km² of key target rocks, including the #KossouGoldProject, with logistical benefits from being just 30 km from the capital and next to an operating gold mine ⏱️ Fast 3-4 day assay turnaround times and competitive CAD $225/m drilling costs allow for efficient exploration ✅ Kobo is well-positioned to capitalize on logistical advantages and growing exploration opportunities Watch the first interview of this series below: TSXV:KRI #Gold #Mining #Exploration #CotedIvoire #JuniorMining
Kobo Resources Inc.
Mining
Québec, Québec 2,758 followers
Focused on exploring a compelling new high-grade gold discovery in West Africa. TSXV: KRI
About us
Kobo Resources is a growth-focused gold exploration company with a compelling new gold discovery in Cote d’Ivoire, one of West Africa’s most prolific and developing gold districts, hosting several multi-million-ounce gold mines. The Company’s 100%-owned Kossou Gold Project is located approximately 20 km northwest of the capital city of Yamoussoukro and is directly adjacent to one of the region’s largest gold mines with established processing facilities. The Company is drilling to unlock the potential size and scale of Kossou within 9+ km strike length of highly prospective gold in soil geochemical anomalies with excellent rock and trench sampling results. The Company completed ~6,000 m of RC drilling and ~5,400 m of trenching in 2023 and is planning on additional drilling and trenching in 2024. Significant gold mineralisation has been identified at three main targets within a 300 m wide, 3+ km long, pervasively altered structural corridor defining a potentially large mesothermal gold system. Kobo offers investors the exciting combination of high-quality gold prospects led by an experienced leadership team with in-country experience. Kobo’s common shares trade on the TSX Venture Exchange under the symbol "KRI”.
- Website
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www.koboresources.com
External link for Kobo Resources Inc.
- Industry
- Mining
- Company size
- 11-50 employees
- Headquarters
- Québec, Québec
- Type
- Public Company
- Founded
- 2023
- Specialties
- gold, exploration, Africa, discovery, high quality, and leadership
Locations
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Primary
388, Grande-Allée Est
Québec, Québec G1R 2J4, CA
Employees at Kobo Resources Inc.
Updates
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#Gold production from the largest miners has been in decline since 2010, despite record gold prices. Years of underinvestment between 2014 and 2020 have left the majors struggling to maintain output, while recent efforts to catch up are yielding limited returns. At Kobo Resources Inc., we recognize the enormous opportunity this presents. With our fully funded exploration program at the #KossouGoldProject in Côte d'Ivoire, we are positioned to benefit from increased interest in juniors with well-defined resources and growth potential. As gold majors focus on replenishing reserves and extending mine life, exploration-focused companies like Kobo could play a crucial role in meeting future demand. Read the full article by Ryan D. Long on the underinvestment challenge faced by major gold miners and how it opens doors for exploration-focused companies, below ↓ TSXV:KRI #Gold #Mining #JuniorExploration #KoboResources #InvestmentOpportunities #Exploration #GoldMining
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Kobo Resources Update! We are pleased to announce our CEO, Chairman, and President & COO have all increased their stock holdings in Kobo Resources following the expiration of a blackout period 📈. This signals their continued confidence in the company’s achievements in 2024, particularly the launch of its first diamond drill program at the #KossouGoldProject. Having completed a $7.4 million financing in July 2024 and a favorable gold market, management has confidence in the future of Kobo as we embark inPhase 2 of the diamond drill program at the #KossouGoldProject. Thank you to our investors and partners for your trust and ongoing support! #JuniorMining #GoldSector #InsiderBuying #CompanyGrowth #GoldExploration
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Today we are excited to announce the resumption of #diamonddrilling at our 100%-owned #KossouGoldProject in Côte d'Ivoire. ✅ #Fullyfunded 10,000 m drill program ✅ Multiple high-potential #gold targets ✅ Leveraging the strengths of Mota-Engil ✅ Onsite base camp being established ✅ New water well installation We are fully funded to aggressively pursue our #exploration objectives during this program and into next year, targeting key zones with significant #gold potential, and building on past successes by testing depth extensions and uncharted mineralized areas. Read the full announcement here → https://lnkd.in/g9zVkrpA TSXV: KRI #Africa #Mining #Drilling
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#Gold prices have reached a new high of $2,588/oz, with futures at $2,615/oz, driven largely by increasing expectations of a 0.5% Fed rate cut this week. With gold poised for further gains, Kobo is focused on advancing ongoing exploration efforts at its 100%-owned #KossouGoldProject and strategically positioning itself to capitalize on continued favourable market conditions going forward. Per SP Angel TSXV:KRI #Exploration #Mining #Africa
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From launching our first-ever #diamond drilling program at the #KossouGoldProject in Côte d'Ivoire, to securing strong backing from our strategic partner, Luso Global Mining and Mota-Engil, we've made significant strides in advancing our exploration efforts in 2024 so far. With #gold prices remaining quite favourable, we are well-positioned for continued growth and success. Watch the video to see how we're driving forward and what lies ahead! TSXV:KRI #Exploration #Mining #Africa
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On behalf of the entire Board, we are pleased to welcome Mr. Vivek Dharni, CFA, CAIA, MBA, the Head of Mergers & Acquisitions for Mota-Engil group in Africa and the Middle East, as the newest member of Kobo's Board of Directors. With over 20 years of experience in strategic roles across corporate development and finance, particularly in #Africa, Vivek’s expertise will be an asset as we continue our exploration efforts at the #KossouGoldProject and on the Kotobi Permit. His extensive background in the #mining and #resource sectors, combined with his commitment to sustainable growth, also aligns perfectly with our vision for Kobo’s future in the region. Read the full announcement here → https://lnkd.in/gCpv7vRu TSXV:KRI #Exploration #Gold #WestAfrica
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#Gold equities starting to shine with higher gold prices drawing investors in. With #diamonddrilling at the #KossouGoldProject set to commence imminently and exploration on the Kotobi Permit planned for later this year, Kobo continues to drive forward with strong support from our strategic partner, Luso Global Mining (Mota-Engil). As gold prices remain favourable, we are well-positioned for future success and growth in the months ahead. Via Mining Journal → https://lnkd.in/g24ZxwFg TSXV:KRI #Exploration #Mining #Africa
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Kobo Resources Inc. reposted this
It’s GOLD time 🚀 Join us on X Spaces Thursday at 10:30AM ET Macro: Why it’s go time for gold equities & where you want to fish 🎣 We’ll also be joined by Paul Sarjeant of Kobo Resources Inc. (TSXV:KRI) & Adam Cegielski of First Nordic Metals (TSXV: FNM | OTC: FNMCF) - two international projects with big backers ⚒️ Spaces link: https://lnkd.in/gTNsFzcK
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#Gold is maintaining its level above US$2,500/oz, up by over 30% over last year, with expectations to go even higher. Speculators are pushing gold to new record highs as the market awaits news from Jackson Hole. With gold prices continuing their upward momentum, we're excited to launch the second phase of our diamond drilling program at the #KossouGoldProject in early September. Via Mining Journal → https://lnkd.in/g-trRg_N TSXV:KRI #Exploration #Africa #Mining