Kobo Resources Reports 97% Gold Recovery from Kossou Project in Côte d'Ivoire

Kobo Resources Inc. reported strong metallurgical results from its 100%-owned Kossou Gold Project in Côte d'Ivoire, with average gold recoveries of approximately 97% from SGS test work.

The metallurgical program achieved overall gold recoveries ranging from approximately 94% to 99%, averaging about 97%. The results confirm that Kossou mineralisation responds well to a conventional processing route used by several operating gold mines in Côte d'Ivoire. Two drill rigs continue to advance resource definition and exploration drilling at Kossou ahead of an inaugural Mineral Resource Estimate expected in the second half of 2026.

For gold and precious metals traders, positive metallurgical results from a development-stage project can signal potential future supply additions, though the timeline to production remains years away. The high recovery rates suggest the project may have favorable economics, which could attract investment interest in the developer. Traders can monitor gold price movements and project developments on NowPrice's live gold dashboard.

Investors will watch for the upcoming Mineral Resource Estimate in H2 2026, which will provide a clearer picture of the project's size and grade. Further drilling results and any updates on permitting or financing will also be key catalysts. The gold market remains focused on macroeconomic factors such as central bank policies and inflation data, which continue to drive price action.