TSXV: KRI $0.33
FWB: Q1Z €0.19
Gold price USD 2,637.79/oz
November 13, 2025

Atrium Research Publishes New Research Note on Kobo's Strong Exploration Progress at Kotobi

Atrium Research has released a new Research Note on Kobo Resources Inc. (TSXV: KRI) following the Company’s initial trenching results from the 100%-owned Kotobi Gold Project in Côte d’Ivoire.

The note, titled “Trenching Identifies High-Priority Targets at Kotobi Project,” provides a detailed analysis of the Company’s first-phase grassroots exploration program, which successfully outlined multiple high-priority gold anomalies and confirmed bedrock-hosted mineralization at the Kotobi 1 Target.

Key highlights from the report include:

  • Multiple coherent gold-in-soil anomalies across the Kotobi license, with >500 ppb Au concentrations over significant strike lengths
  • Confirmation of a bedrock source for high-grade trench results
  • Significant trench intercepts at the Kotobi 1 Target, including:
    • 1.30 g/t Au over 9m, including 2.68 g/t Au over 4m, and 9.64 g/t Au over 1m
    • 0.88 g/t Au over 18m, including 3.10 g/t Au over 4m, and 10.20 g/t Au over 1m
  • Identification of four priority targets: Kotobi 1, Kotobi 2, Kotobi 3, and Kotobi 4
  • Strong potential for a district-scale mineralized system supported by soil sampling, trenching, UAV magnetic surveys, and artisanal mining data
  • Plans for a mechanized trenching program and a first drilling campaign in early 2026

Atrium Research has maintained its BUY rating on Kobo Resources and increased its target price to $0.60 per share (previously $0.55), representing a 161% return from current levels.

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.

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