Kobo Resources trenches 2.27 g/t gold over 10 metres at Kossou, Ivory Coast
Kobo Resources Inc.’s [TSXV-KRI] positive trenching results have confirmed significant gold soil anomalies at its Kadie zone, and the prospective and undrilled target has been elevated to drill-ready status as part the exploration strategy at its 100%-owned Kossou gold project, Cote d’Ivoire, Africa (Ivory Coast). Additionally, the company confirmed on surface its Jagger shear zone hosts strong gold mineralization over a strike length in excess of 1.4 km following the completion of additional trench work.
Edward Gosselin, CEO and director of Kobo, commented: “We continue to make notable advancements in our exploration efforts at the Kossou gold project, including the further understanding of structural controls to the gold mineralization within the Jagger and Kadie zones. Notably, the Kadie zone has been elevated to drill-ready status following trenching results that confirm the source of substantial gold in soil anomalies. The company has identified three distinct areas within the Kadie zone, with all demonstrating structural and lithological characteristics similar to the highly promising Jagger shear zone. With initial trenching at the Kadie zone returning grades such as 5.16 g/t gold over 11 metres (KTR036), the team is eager to commence the upcoming drill program to unlock the mineralization potential within this new and highly prospective target.
“Following recent trenching and further analysis of drilling results at the Jagger zone, gold mineralization has been confirmed over a strike extent of over 1.4 km within the Jagger shear zone, reinforcing its prospectivity with mineralization open to the north, south and at depth. As we continue to collaborate with our structural geologist at site, our team remains committed to further understanding and uncovering the full potential of these mineral-rich zones, setting the stage for exciting future developments at the Kossou gold project.”
Trenching at the Kadie zone has confirmed a bedrock source of the significant gold in soil anomalies, and based on its current geological understanding, the company intends to add this previously undrilled target to its overall drill program.
The Kadie zone is a series of west-northwest trending gold in soil anomalies overlying a weathered mafic volcanic sequence cut by narrow feldspar porphyry dykes. Two generations of gold bearing veins are recognized at the Kadie zone, which are associated within a brittle north-south trending shear zone(s). The strongest gold intervals at the Kadie zone correspond to the northwest trending veins system developed within silicified zones of the associated shear zones.
The Kadie zone targets have structural and lithological characteristics similar to those found at the prospective Jagger gold bearing shear zone.
In total, the combined Kadie zone soil anomalies extend approximately 750 metres along strike based on geological evidence. The three identified anomalies at the Kadie zone have been named Kadie 1, Kadie 2 and Kadie 3.
KTR038 returned 1.19 g/t gold over 6 metres and 2.27 g/t gold over 10 metres (Kadie 3); KTR039 returned 5.03 g/t gold over 4 metres (Kadie 3).
Previous trenching results from the Kadie zone (Kadie 2) returned 2.73 g/t gold over 22 metres, including 5.16 g/t gold over 11 metres with the most recent trenches KTR038 and KTR039 being located at Kadie 3.
Jagger Shear zone Confirmed to Host Strong Gold Mineralization over a Strike Extent in excess of 1.4 km: KTR044 returned 1.18 g/t gold over 7 metres (Jagger zone); KTR045 returned 1.40 g/t gold over 4 metres (Jagger zone).
Trenches KTR044 and KTR046 were completed south of previously excavated trenches KTR030 and KTR030a and have successfully demonstrated that the Jagger shear zone system extends an additional 125 metres south into an area where gold in soil evidence was previously weak due to overburden cover. Consequently, the company interprets that the Jagger shear zone system continues between the main Jagger zone drill area and the 300-metre gap to drill holes KRC012 and KRC013. As a result, this area has now been identified as a potential target for future drilling.
KTR045 was excavated near the previous drill section at the Jagger zone (holes KRC047 and KRC048), and results from this trench as well as drill holes KRC047 and KRC048 have confirmed the presence of the Jagger shear zone system with grades comparable to those in previous drilling results.
The recent work performed confirms the presence of strong gold mineralization in the Jagger shear zone system over a strike extent in excess of 1.4 km. Through recent drilling on this target, the Company believes mineralization remains open to both the north and south and remains open to depth along its extent. The Company plans to further explore the potential of this shear zone as part of its ongoing drill program.
The 100%-owned Kossou gold project is located approximately 20 km northwest of the capital city of Yamoussoukro and is directly adjacent to Perseus Mining’s Yaoure Gold Mine, one of the region’s largest gold mines with established processing facilities.
The Company has identified multiple shear zones with gold mineralization as part of its maiden drill program. Drilling and exploration work remain ongoing to unlock the potential size and scale of the Kossou gold project within a strike length of more than 9 km of highly prospective zones, including the Road Cut zone, the Jagger zone, and the Kadie zone.