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Oklo Resources Ltd.
Summary
| Project: | Dandoko | |
|---|---|---|
| Deposit: | Seko | |
| Location: | Mali | |
| Commodities: | Gold | |
| Date: | 3/15/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 15-3-2017: Oklo Resources Ltd. announces an Exploration/Drilling Update report for its Seko deposit at the Dandoko project. Drilling results incl. 21m @ 1.59g/t Au from 0m. 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 update on its auger and aircore (AC) drilling campaigns at the Dandoko Project in western Mali. 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. To date, a total of 5,395 auger holes for 62,891m have been completed at Dandoko and Moussala at an average hole depth of 11m from the 40,000m Phase 1 (completed) and 25,000m Phase 2 drilling campaigns. The location of these holes is shown in Figure 2. The auger geochemical program was designed to improve the geological and geochemical understanding of the prospective target areas within the projects by cheaply and efficiently penetrating below the extensive tracts of lateritic and transported cover. This announcement summarises the latest batch of assay results received from 25m-spaced infill auger holes drilled along the initial 400m reconnaissance lines that discovered the Seko area (refer ASX release dated 21 December 2016), and along 200m infill lines. Oklo’s Managing Director, Simon Taylor commented: “Our confidence in a potential new gold discovery at Seko within the Dandoko Project is growing by the day. We look forward to receiving the results from the current deeper AC drilling program, which hopefully will realise Oklo’s ambition of becoming a significant gold company in West Africa.” | |
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