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Oklo Resources' drilling continues to extend district-scale gold potential in Mali

Published: 11:26 03 May 2018 AEST

Mali map
Phase II drilling program is well advanced

Oklo Resources Ltd (ASX:OKU) has received positive gold assay results from aircore drill testing of anomalies at Dabia, located north of the Seko gold discovery in its Dandoko project in Mali.

The drill holes successfully intersected grades of up to 12 g/t gold along with multiple intercepts of anomalous to low-grade mineralisation.

These include 15 metres at 2.05 g/t gold including 9 metres at 3.02 g/t gold, 22 metres at 0.87g/t gold including 8 metres at 1.87 g/t gold, and 8 metres at 2.64 g/t gold.

READ: Oklo Resources raises $15 million in oversubscribed placement to progress Mali gold projects

Oklo’s Dandoko Project and adjoining Moussala and Kouroufing Projects are located within the Kenieba Inlier of western Mali.

The projects are 30 kilometres to the east of B2Gold’s (TSE:BTO) 5.15 million ounce Fekola Mine and 50 kilometres to the southeast of Randgold’s (LON:RRS) 12.5 million ounce Loulo Mine.

Exploration in late 2016 discovered what is now the 12-kilometre long Dandoko gold corridor, including the Seko and more recent Sory discoveries.

READ: Oklo Resources' drilling extends gold zone to a depth of 185 metres in Mali

Oklo’s ongoing phase II drilling campaign is now well advanced with a total of 26 aircore holes, 33 reverse circulation holes and 21 diamond drilling holes completed to date.

Significantly, assay results from the recent aircore, reverse circulation and diamond drilling holes completed at Seko remain outstanding.

Assay results from the labs have slowed considerably during the current peak field season in Mali and adjacent projects in West Africa, with a turnaround of up to 40-45 days currently being experienced.

Oklo has planned further infill aircore drilling in advance of more targeted reverse circulation and diamond drilling.

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