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Oklo Resources Ltd.
Summary
| Project: | Dandoko | |
|---|---|---|
| Deposit: | Seko | |
| Location: | Mali | |
| Commodities: | Gold | |
| Date: | 5/22/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 22-5-2018: Oklo Resources Ltd. announces an Exploration/Drilling Update report for its Seko deposit at the Dandoko project. Drilling results incl. 62m @ 5.26g/t Au from 3m. 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 2018 Phase 2 drilling program at the Seko prospect within the Dandoko Project (Figure 1a and 1b). Oklo’s Dandoko Project and adjoining Moussala, Kouroufing and Kandiole Projects are located within the Kenieba Inlier of western Mali and lie 30km to the east of B2Gold’s 5.15Moz Fekola mine and 50km to the south-southeast of Randgold’s 12.5Moz Loulo mine The current multifaceted drilling programs have been designed to test for both strike and depth extensions to the previously encountered oxide gold mineralisation through AC drilling to a vertical depth of circa 80m and deeper RC and DD drilling to vertical depths of between 180-200m at Seko Anomaly 2 (SK2) and Seko Anomaly 3 (SK3), as well as testing other regional targets along the Dandoko gold corridor and within the Kouroufing Project. The 2018 Phase 2 program is targeting the completion of 50,000m of drilling prior to the onset of the wet season in July and includes auger, aircore (AC), reverse circulation (RC) and diamond drilling (DD) at an estimated cost of $5 million. To date, a total of 33 RC holes (for 6,095m) and 21 DD holes (for 2,116.7m RC pre-collar and 3,192m DD) have been completed as part of the Phase 2 program at Seko and 107 AC holes (for 10,837m) at Dabia. | |
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