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Oklo Resources Ltd.

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Summary

Project:

Dandoko

Deposit:Seko
Location:Mali
Commodities:Gold
Date:8/16/2017
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:16-8-2017: Oklo Resources Ltd. announces an Exploration/Drilling Update report for its Seko deposit at the Dandoko project. Drilling results incl. 74m @ 2.12g/t Au from 85m. Oklo Resources Limited (“Oklo” or “the Company”; ASX:OKU) is pleased to provide t
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 first pass stratigraphic diamond drilling (DD) 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 first pass stratigraphic DD program at Seko comprised 6 reconnaissance holes (for 961m) to further Oklo’s understanding of the geology and structure below the deep weathering profile and to test for potential depth extensions to the previously reported significant shallow oxide gold mineralisation at four separate anomalies (Anomalies 1, 2, 3 and 5, Figure 2). All DD holes were angled at -55° and achieved a maximum down hole depth of 220.8m (vertical depth ~180m), except for hole DDSEK17-002 which was abandoned prematurely in poor ground at a down hole depth of 45m. Significant alteration zones in fresh rock over wide intervals where encountered in the 5 deeper holes variously characterised by silicification and carbonation (ankerite), and sulphide and quartz mineralisation. This announcement reports assay results received from the diamond holes DDSEK17-001 to DDSEK17-006 (DDH 1-6 in Figure 2), excluding abandoned hole DDSEK17-002 as no samples were submitted for analysis.

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