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Oklo Resources Ltd.
Summary
| Project: | Dandoko | |
|---|---|---|
| Deposit: | Seko | |
| Location: | Mali | |
| Commodities: | Gold | |
| Date: | 2/22/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 22-2-2018: Oklo Resources Ltd. announces an Exploration/Drilling Update report for its Seko deposit at the Dandoko project. Drilling results incl. 33m @ 4.97g/t Au from 63m. Oklo Resources Limited (“Oklo” or “the Company”; ASX:OKU) is pleased to announce | |
| 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 2018 Phase 1 drilling program comprising infill and step-out aircore (AC), deeper reverse circulation (RC) and diamond (DD) drilling at Seko and other untested geochemical targets along the Dandoko gold corridor within the Dandoko Project (Figures 1a and 1b). Oklo’s Dandoko Project and adjoining Moussala and Kouroufing Projects are located within the Kenieba Inlier of western Mali and lie within 30km to the east of B2Gold’s 5.15Moz Fekola Mine and 50km to the south-southeast of Randgold’s 12.5Moz Loulo Mine. In late 2016, Oklo initiated a reconnaissance auger geochemistry program over the Dandoko and Moussala projects to explore for new targets concealed under the extensive tracts of lateritic cover. The program delivered early success with the delineation of the 12km long Dandoko gold corridor, including the Seko discovery (Figure 1b). Seko is the only target that had had any detailed follow-up drilling completed with numerous auger geochemistry anomalies yet to be tested. First pass AC drilling has now commenced on other targets within the Dandoko gold corridor. To date, a total of 192 AC holes (for 15,793m), 36 RC holes (for 5,522m) and 5 DD holes (for 830m) have been completed as part of Oklo’s 2018 Phase 1 drilling campaign. This announcement summarises assay results received from the first 60 AC holes completed at the Sory target, located some 2.5km south of Seko, and a further 16 AC holes completed at Seko Anomaly 1 (SK1). Results from the previous 176 AC holes and 26 RC holes were reported to the ASX on 28 November 2017, 5 December 2017, 20 December 2017 and 5 February 2018, with assay results pending from a further 10 RC and 5 DD holes and drilling ongoing. | |
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