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Komet Resources Inc.

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Summary

Project:

Dabia South

Deposit:Kabaya
Location:Mali
Commodities:Gold
Date:9/6/2018
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:6-9-2018: Komet Resources Inc. announces an Exploration/Drilling Update report for its Kabaya deposit at the Dabia South project. Drilling results incl. 33m @ 1.33g/t Au from 45m. September 6, 2018—Quebec City—Komet Resources Inc. (TSX-V: KMT) (“Komet” or
Resources:x
CP/QP:[Overall Report]: Pascal van Osta (Internal)
ABSTRACT:September 6, 2018—Quebec City—Komet Resources Inc. (TSX-V: KMT) (“Komet” or the “Company”) is pleased to announce further encouraging results from a reverse circulation (RC) drill program that was completed this year on the Kabaya prospect in the southeastern part of the company’s Dabia South exploration property, located in western Mali, West Africa (Figures 1 and 2). This RC drilling campaign extended the drill grid north and south of the Kabaya Main zone and completed the drill grid pattern over the Kabaya southwest zone (Figure 3). A total of 3,029 metres in 38, inclined and shallow step-out and infill drill holes (Km2018rc01-38) were realized to a vertical depth of around 65 m and defined gold mineralization with good grade continuity in the thick weathered rock profile (80 m of saprolite; Figure 3, 4 and 5). Gold mineralization systems were initially intercepted in both zones underneath a cluster of soil geochemistry anomalies in previous exploration drill campaigns (Robex Resources 2013–2014 and Komet Resources 2017; Figure 3). Highlights of the drill results include 1.63 g/t over 17 m from 6 m; 1.06 g/t over 28 m from 30 m in Km2018RC12 and 1.60 g/t over 18 m from 8 m in Km2018rc15 in the Kabaya southeast zones, and 1.26 g/t over 33 m from 45 m in Km2018rc31, located in the northern part of the prospect, one of the last drill holes of the campaign and possibly indicating a new zone of economic gold mineralization.

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