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Oklo Resources Ltd.

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Summary

Project:

Dandoko

Deposit:Seko
Location:Mali
Commodities:Gold
Date:9/4/2017
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:4-9-2017: Oklo Resources Ltd. announces an Exploration/Drilling Update report for its Seko deposit at the Dandoko project. Drilling results incl. 74m @ 2.12g/t Au from 85m. Oklo’s Managing Director, Simon Taylor commented: “In late 2016 we initiated a rec
Resources:x
CP/QP:[Overall Report]: Simon Taylor (Internal)
ABSTRACT:Oklo’s Managing Director, Simon Taylor commented: “In late 2016 we 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. This program delivered early success with the delineation of a 12km long gold corridor at Dandoko, including the Seko discovery. Results to date from follow-up AC drilling programs at Seko have outlined several significant zones of shallow bedrock gold mineralisation with primary gold mineralisation also confirmed in deeper stratigraphic diamond holes. Our team is currently planning further follow-up drilling programs and we look forward to reporting on our aggressive exploration plans for Seko and elsewhere within the Dandoko gold corridor in the near future.” Oklo Resources Limited (“Oklo” or “the Company”; ASX:OKU) is pleased to provide the following report on its recently completed infill and step-out aircore (AC) drilling campaign at the Seko prospect within the Dandoko Project (Figure 1). This announcement summarises assay results received from the final 33 AC holes (18% of the overall program) from Anomalies 1 and 2 at Seko and provides an overview of all drill results from the highly successful 2016-17 drilling campaign. The recently completed 182 hole (for 11,517m) AC drilling program at Seko successfully confirmed potential for a large mineralised system at Seko. AC drilling (holes average vertical depth of 56m) on 100m spaced step-out and infill traverses at Seko outlined significant bedrock gold mineralisation at all 5 gold trends with limited stratigraphic diamond drilling confirming a primary source to the oxide gold mineralisation at depth. A summary of all significant drill results received to date by anomaly is provided in Table 2 and in Figure 3, which also includes an interpretation of the mineralised envelopes. Planning is currently underway on the 2017-18 field program which will commence upon cessation of the current wet season. Further details will be provided in the near future.

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