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Oklo Resources Ltd.
Summary
| Project: | Dandoko | |
|---|---|---|
| Deposit: | Dandoko | |
| Location: | Mali | |
| Commodities: | Gold | |
| Date: | 10/22/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 22-10-2019: Oklo Resources Ltd. announces an Exploration/Drilling Update report for its Dandoko deposit at the Dandoko project. Drilling results incl. 50m @ 3.99g/t Au from 0m. Oklo Resources Limited (“Oklo” or “the Company”) is pleased to announce that d | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Simon Taylor (Internal) | |
| ABSTRACT: | Oklo Resources Limited (“Oklo” or “the Company”) is pleased to announce that drilling has recommenced at its flagship Dandoko Project following conclusion of the wet season. Dandoko is located within the Kenieba Inlier of west Mali, approximately 30km east of B2Gold’s 7.1Moz Fekola Mine and 50km south-southeast of Barrick’s 12.5Moz Loulo Mine. The Company currently holds ~500km2 of highly prospective ground in this emerging world-class gold region (Figure 1). Oklo’s Board has approved an initial 10,000m drilling program comprising aircore (AC), reverse circulation (RC) and diamond core (DD) drilling at Seko in advance of a maiden Mineral Resource estimate scheduled for completion early in Q2 2020. The AC rig arrived on site late last week and commenced drilling on Monday (Image 1 & 2). The initial phase of AC drilling is expected to be completed in approximately four weeks’ time, and subject to availability, a RC and DD drilling program will follow immediately thereafter. The program will focus on infill drilling and closing off areas of near surface mineralisation at Seko anomalies SK1-3 and surrounding areas to support the resource estimation work (Figure 2). Assay turnaround time is currently estimated at three weeks. | |
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