Overview

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. Cote d’Ivoire is recognized as a top tier gold province underlain by Paleoproterozoic Birimian Group rocks that host significant gold reserves and is a high priority target for many gold companies. The Company’s 100%-owned Kossou Gold Project (Kossou) 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.

  • Highly-Experienced Management Team with Strategic Partner
  • Ongoing Drilling Continues to Identify Strong Gold Mineralisation
  • Proximity to Nearby Operator with Similar Gold Mineralisation
  • Mining Friendly Jurisdiction with Untapped Potential
  • Portfolio of Highly Prospective Gold Properties 


The Company holds two key research permits totaling 412.2 km2 - the Kossou Permit and the Kotobi Research Permit. Kobo has two additional pending research permit applications totaling 679 km2. All projects and potential projects are underlain by Birimian host rocks in central Côte d’Ivoire. 

Proximity to Nearby Operator Considered an Asset

Kobo is focusing exploration efforts primarily on the Kossou Gold Project, covering 147 km2 of highly prospective greenstone belts immediately adjacent to one of the countries largest gold mines. Key gold showings lie within 5 to 7 kilometers of the Yaouré Mine operated by Perseus Mining Ltd. Kobo's exploration efforts at Kossou are focsued on advancing three highly prospective gold zones, namely the Jagger Zone, the Road Cut Zone and the Kadie Zone. Importantly, Kossou's geological setting and proximity to Yaouré give the Kossou project a decided advantage compared to many exploration opportunities.

As per the Perseus Mining website, the Yaouré Gold Mine has Measure and Indicated Resources of 2.4 million ounces gold and Proven and Probable Reserves of 2.07 million ounces gold at 1.73 g/t Au. The Yaouré Gold Mine poured its first gold in December 2020 and declared commercial production in March 2021. The mine is expected to produce more than 210,000 oz gold per year over the first 5 years with an average AISC of US$1,104 per ounce. Overall mine life is currently estimated at 12 years.

2023 in Review