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Komet Resources Inc.

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Summary

Project:

Dabia South

Deposit:Kabaya
Location:Mali
Commodities:Gold
Date:1/21/2019
Report Code:NI43-101
Report Type:Resource Estimation
Project Stage:Pursuing Resource Increase/Upgrade
Report details:21-1-2019: Komet Resources Inc. announces a Resource Estimation report for its Kabaya deposit at the Dabia South project. Initial mineral resource estimate at the project. January 21, 2019 - Quebec City - Komet Resources inc. (TSX-V: KMT) (“Komet” or the
Resources:(Resource): 3.17Mt @ 1.03g/t Au (Ind.), 0.96Mt @ 1.14g/t Au (Inf.)
CP/QP:[Resources]: Yann Camus (SGS Canada Inc.)
ABSTRACT:January 21, 2019 - Quebec City - Komet Resources inc. (TSX-V: KMT) (“Komet” or the “Company”) is pleased to report an initial mineral resource estimate for the Kabaya gold prospect drill prospect, located in the southern part of its Dabia Sud exploration permit (“the Property”) in Western Mali, West Africa. L. Werner Claessens, CEO states : “Komet is pleased to report a maiden resource estimate for the Kabaya Prospect. The resource block model suggests excellent potential for significant extensions of the gold deposit at depth and laterally to the south-west and north-west. This exploration success clearly warrants the continuation of the drill program in order to further expand resources. Moreover the same approach of systematic exploration will be implemented for the other large gold-in-soil anomalies in the north and east parts of the Dabia Sud property with the objective of discovering new gold deposits. From a mining point of view a heap leach scenario is the most viable option to potentially mine this saprolite resource as a startup project”.

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