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Oklo Resources Ltd.

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Summary

Project:

Kouroufing

Deposit:Kouroufing
Location:Mali
Commodities:Gold
Date:5/27/2019
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:27-5-2019: Oklo Resources Ltd. announces an Exploration/Drilling Update report for its Kouroufing deposit at the Kouroufing project. Drilling results incl. 2m @ 18.20g/t Au from 24m. The new AC results from Kome have confirmed another bedrock gold discove
Resources:x
CP/QP:[Overall Report]: Simon Taylor (Internal)
ABSTRACT:The new AC results from Kome have confirmed another bedrock gold discovery within our Kouroufing Project during the 2019 field season. With several other auger anomalies pending deeper drill testing, our confidence in the Project hosting multiple, high-grade gold trends is growing by the day. Meanwhile, the current drilling program at Dandoko along the 12km-long gold corridor is testing between Seko 2 and 3 as well as along the full length of the corridor and is continuing to provide the opportunity to further enhance the Company’s already fertile exploration pipeline.” - said Simon Taylor, Managing Director - Oklo Resources. Oklo Resources Limited (“Oklo” or “the Company”; ASX:OKU) is pleased to announce further encouraging assay results from its Kouroufing Project, located 20km southeast of the Company’s flagship Dandoko Project in west Mali (Figure 1). This announcement summarises assay results received from first pass aircore (AC) drilling over the Kome auger anomaly and initial reverse circulation (RC) and diamond (DD) drilling at Kouroufing Central (previously referred to as Kouroufing North and South) (Figure 2). Results are also reported from shallow auger drilling over portions of the Kossaya and Sari Projects located to the immediate north of the Kouroufing Project (Figure 1). The results form part of the Company’s ongoing 2019 drilling campaign, with significant progress already made at the Kouroufing and Dandoko Projects. Oklo’s Dandoko, Kouroufing, Kandiole, Kossaya, Moussala and Sari Projects are located in west Mali, 30km to the east of B2Gold’s 7.1Moz Fekola mine and 50km to the south-southeast of Barrick’s 12.5Moz Loulo mine (Figure 1). The Company currently holds ~ 500km2 of highly prospective ground in this world-class gold region.

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