Mr. Edward Gosselin reports

KOBO RESOURCES IDENTIFIES MULTIPLE HIGH-PRIORITY GOLD TARGETS AT ITS KOTOBI PROJECT IN COTE D'IVOIRE

Kobo Resources Inc. has released the results of its first-phase grassroots exploration program on its 100-per-cent-owned Kotobi licence covering a 301.8-square-kilometre area. The Kotobi project is situated 20 km east of Bongouanou in central-eastern Ivory Coast, and is underlain by folded Birimian-aged volcanosediment and metasediment units. Main structures are oriented east-northeast/west-southeast to east/southeast/west-northwest.

The company considers this area to be highly prospective for gold mineralization and originally selected the Kotobi project area based on the extensive alluvial artisanal gold diggings in the main drainage channels in northern parts of the permit.

Edward Gosselin, chief executive officer and director of Kobo, commented: "Our first phase of work at Kotobi has established a clear foundation for a new exploration pipeline within our Cote d'Ivoire portfolio. I am very encouraged by these results, which outline four well-defined geochemical anomalies with gold-in-soil concentrations exceeding 500 ppb Au along significant strike lengths. Our systematic exploration approach is successfully outlining multiple areas with significant potential on the property."

He continued: "The compelling gold mineralization intersected in the initial trenches at the Kotobi 1 target suggest that the current soil geochemical anomalies have a bedrock source containing economic gold grades. We will be starting an aggressive mechanized trenching program to better understand the geological controls to gold mineralization at surface before starting drilling, which is expected to begin in early 2026."

Soil geochemistry and initial trench results

Four highly anomalous gold targets have been outlined from the soil geochemistry completed to date (referred to as Kotobi 1, Kotobi 2, Kotobi 3 and Kotobi 4).

Soil sampling on a 25-metre-by-25-metre grid at the Kotobi 1 target has defined a 700-metre-long north/northwest-trending anomaly located approximately 150 m west of the interpreted contact between metasediments and a granodiorite intrusion. The peak gold in soil concentrations reach 1,420 parts per billion gold.

Three trenches (KTR014, KTR015 and KTR016) manually excavated along a 350-metre strike intersected gold mineralization in KTR014 and KTR016. Trench KTR014 intersected 4.0 m at 2.68 grams per tonne Au with a one-metre-wide subvertical quartz vein assaying 9.64 g/t Au. Trench KTR016 returned a broad low-grade zone of 18.0 m at 0.88 g/t Au, including 4.0 m at 3.10 g/t Au and 1.0 m at 10.20 g/t Au.

Kotobi 2 and 3 targets

The Kotobi 2 target is situated two kilometres southeast of Agoua Village with peak gold-in-soil concentrations of 430 ppb Au contained within a 400-square-metre area. The Kotobi 3 target is situated three km east of the Brou Akpaoussou Village with peak gold-in-soil concentrations of 610 ppb Au. There are anomalous gold values scattered across a 1,400-metre strike that require more detailed infill sampling.

The distance between the Kotobi 2 and Kotobi 3 targets is approximately 6.3 km, and the two targets may be controlled by the same apparent northeast-trending structure. There are anomalous soil values in between the two areas, which will be the focus of more detailed infill sampling.

The Kotobi 4 target is located 2.4 km west of Assouakro Village in northern parts of the Kotobi project licence. It is situated in an area where there is significant artisanal alluvial gold mining activity. The anomaly is strong, robust and well developed. The anomaly extends along an 800-metre strike and is up to 150 metres wide. Peak gold-in-soil concentrations reach 780 ppb Au.

Kotobi project background

The Kotobi project is situated within the Birimian Dimbokro-Abengourou belt of the Boaule-Mossi domain within the West African craton. The geology comprises folded Birimian-aged volcanosediment and metasediments. Lithologies on the Kotobi project licence are predominantly metasandstones and siltstones with several small intrusions emplaced along the principal faults. The main structures are oriented east/northeast/west-southeast to east-southeast/west-northwest.

The company considers the area to be highly prospective for gold mineralization. It originally selected the Kotobi project area based on the extensive alluvial artisanal gold diggings in the main drainage channels in northern parts of the permit.

A drone unmanned aerial vehicle magnetic survey was completed across the licence in 2023 by MWH Geosurveys International Inc. The geophysical data were reprocessed and interpreted by Paterson, Grant & Watson (PGW -- Toronto) in 2023. PGW selected two main targets to focus initial exploration. The gold mineralization intersected in trenches detailed in this press release is located within PGW's top priority target area.

Since commencing exploration, the company has assayed 7,356 soil samples, 46 termite mound samples, 95 samples from nine shallow pits, 79 rock chip samples and 385 channel samples in 13 surface exposures and in three manually dug trenches across one of the initial soil anomalies.

There have been several phases of soil sampling on the property. The southern parts of the Kotobi project has been sampled on a 400-metre-by-50-metre grid. More recently, sampling has occurred in northern parts of the property on an 800-metre-by-50-metre grid with infill sampling on 100-metre-by-five-metre grids and in some areas down to 25-metre-by-25-metre grids to better define the soil anomalies.

Sampling, quality assurance/quality control and analytical procedures

Soil samples are collected along grid lines by Kobo crews. Based on soil profile, a typical sample is collected by hand at depths of 30 to 50 centimetres and is typically two kilograms in weight. QA/QC procedures for the soil samples include insertion of a blank, standard and duplicate every 50 samples for control. Trench rock chip samples are collected approximately 30 to 50 cm above the base of the trench using hammers and plastic bags. QA/QC procedures for trench samples include the insertion of one blank, one standard and one duplicate for each sample shipment. Samples are transported to the SGS Ivory Coast facility in Yamoussoukro by Kobo personnel, where the entire sample was prepared for analysis (prep code PRP86/PRP94). Sample splits of 50 grams were then analyzed for gold using 50-gram fire assay as per SGS geochem method FAA505. All QA/QC control samples returned values within acceptable limits.

Review of technical information

The scientific and technical information in this press release has been reviewed and approved by Paul Sarjeant, PGeo, who is a qualified persons as defined in National Instrument 43-101. Mr. Sarjeant is the president, chief operating officer and director of Kobo.

About Kobo Resources Inc.

Kobo Resources is a growth-focused gold exploration company with a compelling new gold discovery in Ivory Coast, one of West Africa's most prolific and developing gold districts, hosting several multimillion-ounce gold mines. The company's 100-per-cent-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.

With over 26,432 metres of diamond drilling, nearly 5,900 metres of reverse circulation drilling and 5,900 metres of trenching completed since 2023, Kobo has made significant progress in defining the scale and prospectivity of its Kossou gold project. Exploration has focused on multiple high-priority targets within a nine-plus-kilometre strike length of highly prospective gold-in-soil geochemical anomalies, with drilling confirming extensive mineralization at the Jagger, Road Cut and Kadie zones. The latest phase of drilling has further refined structural controls on gold mineralization, setting the stage for the next phase of systematic exploration and resource development.

Beyond Kossou, the company is advancing exploration at its Kotobi project and is actively expanding its land position in Ivory Coast with prospective ground, aligning with its strategic vision for long-term growth in-country. Kobo remains committed to identifying and developing new opportunities to enhance its exploration portfolio within highly prospective gold regions of West Africa. 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.

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