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Oklo Resources Ltd

Oklo Resources’ substantial shareholder Resolute Mining increases its stake

Oklo is leveraged to the prolific greenstone belts of Western Mali.

african gold
Shares worth over $2 million acquired

Oklo Resources Ltd (ASX:OKU) has received a substantial vote of confidence from leading African gold producer Resolute Mining Limited (ASX:RSG).

Resolute Mining has increased its stake in Oklo from 8.78% to 10.29% via the purchase of about 5.9 million ordinary shares worth over $2 million.

Oklo recently received excellent results from preliminary metallurgical test work completed on samples collected from the Seko prospect at its Dandoko Project in Mali.

The company is leveraged to the prolific greenstone belts of Western Mali, with four other projects in the same region as Dandoko, including the recently-acquired Kouroufing and Kandiole Sud assets.

Quick facts: Oklo Resources Ltd

Price: $0.14

Market: ASX
Market Cap: $49.68 m
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on 12/3/19

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