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Oklo Resources Ltd.
Summary
| Project: | Dandoko | |
|---|---|---|
| Deposit: | Seko | |
| Location: | Mali | |
| Commodities: | Gold | |
| Date: | 4/26/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 26-4-2017: Oklo Resources Ltd. announces an Exploration/Drilling Update report for its Seko deposit at the Dandoko project. Drilling results incl. 35m @ 1.86g/t Au from 55m. 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 first pass aircore (AC) 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. Oklo’s Managing Director, Simon Taylor commented: “These further AC drilling results have all but confirmed that we are closing in on a significant bedrock gold discovery at Seko, which is a real credit to the perseverance of our in-country project team. From Seko’s initial discovery by auger drilling in January to the confirmation of wide zones of gold mineralisation at depth in April is a fantastic achievement. Given the wide drill spacing so far, follow-up infill and deeper drilling programs are commencing immediately and we look forward to reporting further positive developments in the near future.” A first pass AC drilling program, comprising 62 holes for 5,250m, was recently completed at Seko along 9 traverses at a spacing of 400m (Figure 2). The program provided initial coverage across five of the Seko auger gold anomalies to confirm the presence of primary mineralisation at depth. This announcement summarises assay results received from 23 holes on drill traverses 6 to 9 (Figure 2). The results from traverses 1 to 3 were previously announced on 30 March 2017 “Significant Gold confirmed in First AC Holes at Seko” and the results from traverses 4 and 5 were announced on 6 April 2017 “New AC Results Bolster Seko Gold Discovery” | |
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