QUEBEC CITY, QUEBEC--(Marketwired - July 26, 2017) - Komet Resources Inc. ("Komet" or "the Company") (TSX VENTURE:KMT) is pleased to announce a new set of results from its drilling program completed on the Dabia South permit (previously known as Moussala) in Mali. The new results from RC drilling (true widths of intersects not determined) are from a new zone located South-West of the main gold-rich Kabaya structure that runs North-South and is traced over a strike length of 500 m and a width of 230 m. Drill holes 51 and 52 intersected this new zone over a length of 200 m and a width of 50m. Notable intersections include 2.63 g/t Au over 35 m and 4.84 g/t Au over 11 m. For previously released results, please refer to the press release dated March 27, 2017, and the press release dated May 2, 2017.
Summary table of the results:
| Drill # | From (m) | To (m) | Interval (m) | g/t Au | |
| Km2017rc51 | 2 | 37 | 35 | 2.63 | |
| incl | 23 | 34 | 11 | 4.83 | |
| Km2017rc51 | 50 | 52 | 2 | 0.92 | |
| Km2017rc51 | 58 | 74 | 16 | 0.83 | |
| incl | 58 | 59 | 1 | 1.83 | |
| incl | 66 | 69 | 3 | 1.40 | |
| Km2017rc52 | 10 | 13 | 3 | 1.38 | |
| Km2017rc52 | 31 | 37 | 6 | 3.62 | |
| incl | 33 | 34 | 1 | 11.70 | |
| Km2017rc52 | 41 | 46 | 5 | 0.62 | |
| Km2017rc52 | 50 | 60 | 10 | 1.41 | |
| Km2017rc52 | 68 | 80 | 12 | 1.42 | |
Mr. André Gagné, president and CEO, stated: "This new zone on the Dabia South permit confirms the great potential of the Kabaya target which is still open in all directions."
Samples were analysed by fire assay with AA finish on 50 g sample aliquots at the SGS Laboratory in Bamako, Mali. Drilling supervision and sampling at the drill site were performed by qualified technical staff. The QA/QC program and the processing of results were designed by qualified geologists according to NI 43-101 regulation standards and best industry practices. One blank or standard or duplicate sample was inserted for every 20 samples analyzed.
More information about the corporation is available at: http://kometgold.com.
Jacques Marchand, P.Eng. P.Geo., is the Qualified Person who has reviewed this news release and is responsible for the technical information presented herein.
