Assay results received from shallow infill geochemical auger drilling at the Seko discovery return numerous intersections greater than 1.0 g/t gold.
Results include 21 metres at 1.59 g/t gold.
The Seko gold anomalies are up to 2.0 kilometres long and have returned individual bedrock sample grades from shallow auger drilling of up to 4.26 g/t gold.
Simon Taylor, managing director, commented: “Our confidence in a potential new gold discovery at Seko within the Dandoko Project is growing by the day.
“We look forward to receiving the results from the current deeper aircore drilling program, which hopefully will realise Oklo’s ambition of becoming a significant gold company in West Africa.”
Drill result details
To date, a total of 5,395 auger holes for 62,891 metres have been completed at the Dandoko and Moussala projects.
Infill auger drilling at 25 metre centres has now been completed along the previously reported 400 metre spaced reconnaissance lines and along additional 200 metre-spaced infill lines.
Significant results include:
- 21 metres at 1.59 g/t gold from surface including 12 metres at 2.40 g/t gold and 4 metres at 3.74 g/t gold;
- 9 metres at 2.4 g/t gold from surface;
- 5 metres at 3.88 g/t gold from 8 metres; and
- 6 metres at 2.8 g/t gold from 13 metres.
Assay results received to date successfully confirm five extensive, coherent gold anomalies at Seko.
Significantly, two of the recent auger holes penetrated up to 21 metres, twice the average depth of the reconnaissance geochemical drilling and returned significant bedrock mineralisation.
A 5,000 metre program of deeper aircore drilling over 5 of the Seko anomalies along 9 traverses is underway in advance of follow-up aircore and targeted reverse circulation drilling.
Six auger drill rigs continue to advance geochemical coverage over the Dandoko and Moussala projects as part of the company’s fully-funded and aggressive exploration strategy.
Results continue to suggest that the Seko gold discovery has the potential to host a value-add gold deposit.
With over 62,000 metres of drilling now complete at the two projects and more planned, exploration based news flow is expected to continue.
Oklo shares have doubled year to date, currently priced at $0.22.
The Dandoko and Moussala projects are located within the Kenieba Inlier of western Mali and lie within 30 kilometres of B2Gold’s 5.15 million ounce Fekola project and 50 kilometres of Randgold’s 12.5 million ounce Loulo mine.
The drilling programs are fully funded and continue to be a constant source of news flow for Oklo.