Oklo Resources Ltd (ASX:OKU)

Oklo Resources Ltd (ASX:OKU)

Share Price
$ 0.17
0.005 (3.03 %)
Market Cap
$60.33 m
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Oklo Resources Ltd

Oklo Resources Ltd (ASX:OKU) is focussed on the exploration and development of a gold portfolio in West Africa.

Market: ASX:OKU
52-week High/Low: A$0.320 / A$0.100
Sector: Gold & silver [new T2]
Market Cap: $60.33 m
Website: www.okloresources.com
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Big Picture – A Deep Dive Examination of Oklo Resources Ltd

Oklo Resources Ltd Snapshot

Oklo is an ASX listed company (ASX:OKU) with offices located in Sydney, Australia and Mali, West Africa. The Board delegates to the Managing Director the responsibility for managing the day to day operations.

Dandoko Project

The Dandoko Project covers 134km2 within the Kenieba Inlier of west Mali in close proximity to numerous world class gold deposits including B2Gold’s 5.15Moz Fekola gold project 30km to the west and Randgold’s 12.5Moz Loulo Gold Mine 50km to the north-northwest.

(click here for more information on this project)

Moussala Project

Oklo’s Moussala permit is strategically located within the prolific Kenieba Inlier approximately 15km to the west of Oklo’s Dandoko Project and 15km east of B2Gold’s 5.15 Moz Fekola gold mine.

(click here for more information on this project)

Socaf Project

Oklo’s Socaf permit covers 224km2 of a sparsely outcropping inlier of Birimian volcanics interpreted as a northern continuation of the regional scale Senegal-Mali Shear Zone (“SMSZ”).

(click here for more information on this project)

Yanfolila Project

Oklo’s Yanfolila permit is located in southern Mali, 45km north of Avnel Gold’s Kalana gold mine (2.1Moz) and 35km east of Hummingbird Resources’ Komana gold project (1.8Moz).

(click here for more information on this project)


Last updated 3rd December 2018

Michael Fotios
Non-Executive Chairman

Mr Fotios is a geologist, specialising in economic geology with extensive experience in exploration throughout Australia, taking projects from exploration to feasibility. Mr Fotios has previously held positions with Homestake Australia Limited and Sons of Gwalia Limited and was formerly Managing Director of Tantalum Australia NL (now ABM Resources Limited) and Galaxy Resources Limited.

More recently, he served as Non-Executive Director of Northern Star Resources Limited and Stirling Resources Limited and is currently on the Board of Eastern Goldfields Limited (Executive Chairman), Horseshoe Metals Limited (Non Executive Chairman), Pegasus Metals Limited (Non Executive Director) and Redbank Copper Limited (Executive Chairman). He is also founder and Executive Chairman of unlisted investment company, Investment Limited.

Simon Taylor
Managing Director

Mr Taylor is a geologist with over 25 years’ experience in exploration, project assessment and development in the resources sector. He has had a diversified career as a resources professional providing services to resource companies and financial corporations. This has been at both a technical and corporate level. His experience spans a range of commodities including gold, fertilisers (phosphate and potash), base metals, nickel, uranium, coal and coal seam methane. Whilst his experience includes Australia a majority of his projects have been in international countries including Brazil, Turkey, Uganda, Tanzania, Mali, China, UK and North America.

His experience includes providing consulting services to resource companies and financial corporations as a resource analyst. His corporate experience includes project appraisal, advice on placements and fundraising. He is currently a non-executive director with Chesser Resources Limited and has held former directorships with Aguia Resources Limited (Managing Director), Bondi Mining Limited and Probiomics Limited. He is a member of the Australian Institute of Geoscientists and a graduate of Sydney University.

Dr Bathily Mamadou
Principle Geologist

Geologist with over 30 years experience in Mali including BHP and Randgold at Morila, Syama and Yanfolila. Awarded a “Knighthood” for services to the Mali mining industry.

Dr Madani Diallo
Technical Consultant
MSc Geochemistry & Mineralogy, PhD Geochemistry, Knight of National Order of Mali – Chevalier de l’Ordre National

Dr Diallo has and outstanding track record for over 30 years of successful exploration in Africa.  During his lengthy career Dr Diallo on several occasions has directly lead the teams that discovered several large gold deposits including the multi million ounce deposits of Syama, Morila , Sadiola and Essakane. Dr Diallo is a director of several companies focussed on precious and industrial minerals in the region. He also advises private and government agencies involved with the financing of resource related projects. Dr Diallo was until recently a Director of the Sadiola and Yatela Mines (IamGold/AngloGold Ashanti JV), Director of AngloGold Ashanti in Mali.

He has also held position of Vice-President of the Mali Chamber of Mines,  President of the Association of Geoscientists in Mali and Director of BIB-UBA bank in Burkina Faso. He has also been honoured with the second highest distinction in Mali “Knight of National Order” for his contribution to the development of the Mali mining industry.

Andrew Boyd
Technical Consultant
BSc. (Melb)

Mr Boyd is a geophysicist with over 20 years exploration and mining experience.  More recently Mr Boyd was General Manager - Geoscience for ASX listed Papillion Resources before its merger with TSX listed B2 Gold, valuing Papillion Resources at around AUD600 million.  Prior to working with Papillion Resources, Mr Boyd was General Manager - Geoscience with Mantra Resources before its takeover by ARMZ/Uranium One for AUD1.02 billion.

Bathily Mamadou
Principal Geologist

Geologist with over 30 years experience in Mali including BHP and Randgold at Morila, Syama and Yanfolila. Awarded a “Knighthood” for services to the Mali mining industry.

Lara Iacusso
Chief Financial Officer

Ms Iacusso has over 25 years’ experience in providing financial advisory services in Australia and overseas across a wide range of industries including natural resources. She specialises in providing advice to emerging companies relating to corporate transactions and strategies, including due diligence, financial structuring, feasibility studies, capital raisings, financial governance and commercial matters. She is an experienced board member, chief financial officer and corporate adviser. Ms Iacusso is an independent consultant and previously worked in an executive role at Transocean Securities. Prior to joining Transocean, she was Corporate Finance Partner at Deloitte.

Ms Iacusso currently acts for a number of listed and unlisted clients. She has specific experience in working with mining and exploration companies in Mali and is responsible for day to day financial management, implementing appropriate systems and governance, treasury and risk management and commercial matters.

Last updated 3rd December 2018

Registered office

Level 5, 56 Pitt Street
Sydney NSW 2000

T: +61 2 8319 9233

Australian office

Level 5, 56 Pitt Street
Sydney NSW 2000

T: +61 2 8319 9233

Mali Office

Operating as Africa Mining Sarl
Rue 841, Porte 57,
BP 366 Faladje Sema Bamako


Mr Michael Fotios, Non-Executive Chairman
Mr Simon Taylor, Managing Director & CEO
Dr Madani Diallo, Executive Director, Country Manager

Management & Consultants

Mr Simon Taylor, Managing Director & CEO
Dr Madani Diallo, Country & Exploration Manager
Mr Andrew Boyd, General Manager – Exploration
Mr Bathily Mamadou, Principal Geologist
Ms Lara Iacusso, Chief Financial Officer

Company Secretary

Louisa Martino, Company Secretary

Registered Office

Level 5, 56 Pitt Street, Sydney NSW 2000

T: +61 2 8823 3110
F: +61 2 9252 8466

Share Registry

Computershare Investor Services Pty Ltd
Level 11, 172 St Georges Terrace
Perth WA 6000

T: +61 8 9323 2000
F: +61 8 9323 2033

Last updated 3rd December 2018

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