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Oklo Resources Ltd.
Summary
| Project: | Dandoko | |
|---|---|---|
| Deposit: | Seko | |
| Location: | Mali | |
| Commodities: | Gold | |
| Date: | 8/14/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 14-8-2017: Oklo Resources Ltd. announces an Exploration/Drilling Update report for its Seko deposit at the Dandoko project. Drilling results incl. 28m @ 3.38g/t Au from 2m. Oklo Resources Limited (“Oklo” or “the Company”; ASX:OKU) is pleased to provide th | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Simon Taylor (Internal) | |
| ABSTRACT: | Oklo Resources Limited (“Oklo” or “the Company”; ASX:OKU) is pleased to provide the following progress report on its infill and step-out aircore (AC) drilling campaign at the Seko prospect within the Dandoko Project (Figure 1). 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 drilling program was 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 70m and deeper diamond (DD) drilling to a vertical depth of circa 180m. The infill and step-out AC drilling program at Seko comprised 182 holes (for 11,517m) on 100m spaced step-out and infill traverses along three of the Seko Trends from five of the anomalies previously drill tested (Figure 2). 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. This announcement summarises assay results received from a further 59 AC holes, which successfully confirmed the presence of further significant zones of oxide gold mineralisation at Anomalies 1, 2 and 3 (Figure 2). All new significant drill hole intersections are summarised in Table 1 with individual assay results ≥0.1g/t gold presented in Table 3. | |
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