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Oklo Resources Ltd.
Summary
| Project: | Dandoko | |
|---|---|---|
| Deposit: | Seko | |
| Location: | Mali | |
| Commodities: | Gold | |
| Date: | 9/3/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 3-9-2018: Oklo Resources Ltd. announces an Exploration/Drilling Update report for its Seko deposit at the Dandoko project. Drilling results incl. 40m @ 10.66g/t Au from 25m. 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 update on Seko’s Phase 2 drill program at within the Dandoko Project (Figure 1a and 1b). Oklo’s Dandoko, Moussala, Kouroufing and Kandiole Projects are located in Western Mali, 30km to the east of B2Gold’s 5.15Moz Fekola mine and 50km to the south-southeast of Randgold’s 12.5Moz Loulo mine. PHASE 2 DRILL PROGRAM The Company’s Phase 2 drill program was completed with the onset of the wet season in mid-July with a total of 169 AC holes (for 15,484m), 49 RC holes (for 9,075m) and 31 DD holes (for 7,147m1 ) at Dandoko and 690 holes (for 10,210m) of auger drilling at Kouroufing totalling 41,915m. This announcement comprises results from 2 DD and 23 AC holes. Results from a further 149 AC, 4 RC and 690 auger holes are pending. SEKO ANOMALY 2 METALLURICAL DRILLING The metallurgical program is intended to be suitable to be incorporated in any future scoping studies undertaken at Seko by the Company. As part of the metallurgical test work program announced to the ASX on the 6th August 2018 the Company has completed one DD hole at SK2 to obtain a representative sample within the oxide zone and commenced re-sampling of previously drilled diamond holes within the primary zone (un-oxidised). One PQ DD hole (DDSK18-035) was drilled on cross section 1396360mN at the northern end of the historic artisanal workings which were intersected while drilling. The DD hole intersected numerous high-grade intervals with maximum grades of up to 79.70g/t gold (Figure 2). | |
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