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Oklo Resources Ltd.
Summary
| Project: | Dandoko | |
|---|---|---|
| Deposit: | Seko | |
| Location: | Mali | |
| Commodities: | Gold | |
| Date: | 7/12/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 12-7-2017: Oklo Resources Ltd. announces an Exploration/Drilling Update report for its Seko deposit at the Dandoko project. Drilling results incl. 17m @4.04g/t Au from 16m. Oklo Resources Limited (“Oklo” or “the Company”; ASX:OKU) is pleased to announce t | |
| 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 progress report on its infill and step-out aircore (AC) and deeper diamond (DD) drilling campaigns at the Seko prospect within the Dandoko Project (Figure 1). The drilling programs were designed to test for both strike and depth extensions to the significant shallow oxide gold mineralisation previously encountered at Seko, through AC drilling to a vertical depth of circa 80m and deeper DD drilling to a vertical depth of circa 180m. Oklo’s Dandoko Project and adjoining Moussala Project 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. The recently completed AC drilling program at Seko (183 holes for 11,517m) comprised predominantly 100m spaced step-out and infill traverses along three of the Seko Trends where previous reconnaissance AC drilling intersected significant widths of shallow, oxide gold mineralisation from 5 of the anomalies tested (Figure 2). This announcement summarises assay results received from the first 89 holes from Anomalies 1 and 3. Each drill traverse was completed in a ‘heel-to-toe’ manner and resulted in a nominal 50m drill spacing. All holes were angled at -55° and achieved an average downhole depth of 86m (vertical depth ~70m) and a maximum downhole depth of 102m (vertical depth ~83m). The holes generally encountered saprolitic clays with the majority terminating within weathered bedrock. Only a small number of holes ended in fresh rock (greywacke with a strong carbonate component), indicating a deep and extensive weathering profile at Seko. | |
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