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Transaction Announcement Reports
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Project: | Dandoko | |
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Deposit: | Seko | |
Location: | Mali | |
Commodities: | Gold | |
Date: | 7/25/2017 | |
Report Code: | JORC | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 25-7-2017: Oklo Resources Ltd. announces an Exploration/Drilling Update report for its Seko deposit at the Dandoko project. Drilling results incl. 65.6m @ 2.20g/t Au from 85.0m. Oklo Resources Limited (“Oklo” or “the Company”; ASX:OKU) is pleased to annou | |
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 deeper diamond (DD) 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 first pass stratigraphic DD program at Seko was designed to further Oklo’s understanding of the underlying geology and structure and test for depth extensions to the previously reported significant shallow oxide gold mineralisation. The recently completed program, comprising 6 holes for 961m, tested four separate anomalies at Seko (Anomalies 1, 2, 3 and 5, Figure 3). All holes were angled at -55° and achieved a maximum downhole depth of 220.8m (vertical depth ~180m). All holes intersected significant alteration zones in fresh rock over wide intervals variously characterised by silicification and carbonation (ankerite), sulphide and quartz mineralisation. This announcement reports assay results received from the RC pre-collar (0 - 150.6m) to diamond hole DDSEK17-005 (DDH5), which was drilled to a total depth of 220.8m (Figure 2) as a twin hole to DDSEK17-003 which was abandoned at 173m. | |
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