Atrium Research Publishes New Research Note Kobo Resources - Extends Mineralization 150m along Contact Zone Fault

The research note, titled “Kobo Resources – Extends Mineralization 150m along Contact Zone Fault” (dated February 9, 2026), reviews the results from six new drill holes in the Jagger and Road Cut zones, highlighting the successful extension of mineralization at depth and the confirmation of broad continuity ahead of the upcoming resource estimate.

Key Highlights from the Report Include:

• Road Cut Zone Extension: Drilling extended mineralization more than 150m down dip along the Contact Zone Fault, confirming it as a key mineralized structure.
• High-Grade Jagger Results: Drilling at the Jagger Zone confirmed broad and continuous mineralization, returning high-grade intercepts including 26.08 g/t Au over 2.0m and 1.77 g/t Au over 13m.
• Significant Road Cut Intercepts: Hole KDD0142 intersected multiple zones, including 2.39 g/t Au over 4m and 1.89 g/t Au over 6m, demonstrating consistent grades at depth.
• MRE Update: The inaugural Mineral Resource Estimate is now planned for Q2 2026; analysts view this shift from Q1 as positive, as it allows the Company to include these strong drill results in the resource.
• Corporate Update: Kobo announced and closed a non-brokered private placement for gross proceeds of $287K to provide additional flexibility for 2026 exploration programs.

Atrium Research has maintained its BUY rating on Kobo Resources and reiterated its target price of $0.60 per share, noting that the Company continues to stack strong results as it approaches its inaugural resource publication.

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.