Oil & Energy
Kobo Resources Says Kossou Project Gold Recoveries Averaged 97%
Kobo Resources (KRI.V) on Wednesday said gold recoveries from its Kossou project in Cote d'Ivoire averaged 97%.Employing a conventional gravity and cyanidation flowsheet, samples that were collected from the Jagger and Road Cut Zones at Kossou yielded overall gold recoveries ranging from 94% to 99%, the company said.Chief executive Edward Gosselin described the results as "highly encouraging" as the company advances the project toward a mineral resource estimate later this year.Kobo Resources shares were last seen unchanged at $0.20 on the TSX Venture Exchange.
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