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Oklo Resources Ltd.

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Summary

Project:

Dandoko

Deposit:Seko
Location:Mali
Commodities:Gold
Date:3/30/2017
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:30-3-2017: Oklo Resources Ltd. announces an Exploration/Drilling Update report for its Seko deposit at the Dandoko project. Drilling results incl. 36m @ 1.08g/t Au from 23m. 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 initial AC drilling results over just one of the Seko anomalies provide promising indications for a large gold system at depth. The Seko discovery extends over a large area and these results from just 3 wide-spaced lines is a very encouraging start. In particular, the broad halos of gold mineralisation intersected add to our confidence in the potential of the 12km long Dandoko gold corridor. We look forward to receiving further positive results from the other six lines of AC holes.” 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 25 holes on the first three drill traverses.

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