The research note, titled “Kobo Resources – Impressive Definition and Expansion Drilling Ahead of MRE” (dated January 14, 2026), reviews the latest drill results from the ongoing program and highlights the growing confidence in geological continuity, zone expansion, and the Company’s progress toward a maiden Mineral Resource Estimate (MRE).

Key Highlights from the Report Include:

• Continued definition and expansion drilling across multiple zones at the Kossou Gold Project
• Strong drill intercepts from the Jagger Zone, confirming mineralization continuity at depth and along strike
• Additional positive results from the Road Cut Zone, supporting the interpretation of stacked shear-hosted gold systems
• Identification of new structural targets with potential to add ounces beyond the current drilling footprint
• Total drilling at Kossou now exceeding ~34,800 metres across 192 drill holes
• Drilling results support preparations for a maiden Mineral Resource Estimate expected in Q2 2026

Atrium Research has maintained its BUY rating on Kobo Resources and reiterated its target price of $0.60 per share, reflecting confidence in the scale and growth potential of the Kossou Gold Project.

Read the full Atrium Research note (PDF)
This Research Note was commissioned by Kobo Resources and produced independently by Atrium Research, a paid research provider. Readers are encouraged to conduct their own due diligence.