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Oklo Resources Ltd.

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Summary

Project:

Dandoko

Deposit:Seko
Location:Mali
Commodities:Gold
Date:4/6/2017
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:6-4-2017: Oklo Resources Ltd. announces an Exploration/Drilling Update report for its Seko deposit at the Dandoko project. Drilling results incl. 54m @ 1.37g/t Au from 0m. Oklo Resources Limited (“Oklo” or “the Company”; ASX:OKU) is pleased to announce th
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 new AC drilling results over the second anomaly further strengthens our belief that a large gold system exists at Seko. The results received to date have far exceeded our expectations especially as holes are still at a wide spacing on 400m lines and 50m apart along section. Planning is now well underway for the next phase of detailed AC drilling. We look forward to reporting further positive developments at Seko.” 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. Assay results from the remaining 4 AC traverses are expected over the coming fortnight.

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