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Oklo Resources Ltd.
Summary
| Project: | Dandoko | |
|---|---|---|
| Deposit: | Seko | |
| Location: | Mali | |
| Commodities: | Gold | |
| Date: | 3/28/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 28-3-2018: Oklo Resources Ltd. announces an Exploration/Drilling Update report for its Seko deposit at the Dandoko project. Drilling results incl. 19m @ 2.41g/t Au from 51m. 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 at the Seko prospect within the Dandoko Project (Figure 1a and 1b), comprising infill and step-out aircore (AC), and deeper reverse circulation (RC) and diamond (DD) drilling. Oklo’s Dandoko Project and adjoining Moussala and Kouroufing 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. DANDOKO GOLD CORRIDOR 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 and more recent Sory discoveries (Figure 1b). The current 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 (Figure 2). The Phase 1 program is scheduled to be completed by the end of March 2018 at an estimated cost of $3.5 million. | |
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