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Oklo Resources Ltd.

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Summary

Project:

Dandoko

Deposit:Diabarou, Disse
Location:Mali
Commodities:Gold
Date:2/21/2017
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:21-2-2017: Oklo Resources Ltd. announces an Exploration/Drilling Update report for its Diabarou, Disse deposit at the Dandoko project. Drilling results incl. 2m @ 50g/t Au from 74m. Oklo Resources Limited (“Oklo” or “the Company”; ASX: OKU) is pleased to
Resources:x
CP/QP:[Overall Report]: Simon Taylor (Internal)
ABSTRACT:Oklo Resources Limited (“Oklo” or “the Company”; ASX: OKU) is pleased to announce the following update on further assay results received from the recently completed Phase 1 auger and RC drilling campaign at the Dandoko and Moussala projects in western Mali (Figure 1). The Dandoko and Moussala Projects are located within the Kenieba Inlier of western Mali and lie within 30km to the east of B2Gold’s 5.15Moz Fekola Project and 50km to the south-southeast of Randgold’s 12.5Moz Loulo Mine. A program of 46 RC drill holes for a total of 6,540m was completed in January at the Diabarou prospect within the Dandoko Project. Diabarou is located some 4km to the east of the Seko area and was discovered through soil sampling (Figure 2). The step-out program was designed to test for strike extensions to the previously outlined high grade gold mineralisation on 100 metre spaced lines over a total strike length of 900m (Figure 4). Further high-grade gold intercepts have been returned from the latest drilling. The zone of high grade mineralisation that was initially outlined at Diabarou remains open at depth. The open pit potential of this high grade zone will be further assessed. At the Disse prospect, assay results are pending from the 7 RC holes completed testing for extensions to the previously reported high grade gold zones from AC drilling.

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