Proactive Investors - Run By Investors For Investors

Oklo Resources drill results show potential of Seko’s SK3 target

Another batch of assays from the completed 41,000+ metre drill program has been received.
 Location of latest results with completed AC infill drill traverses, RC and DD drillholes over Seko Anomalies SK1-SK5 and Gold Trends
A broad intersection of 115 metres at 0.49 g/t gold was drilled at SK3

Oklo Resources Ltd (ASX:OKU) has received more results from its phase II drilling program at the Seko prospect within the Dandoko Project, Mali.

The latest results are from 17 reverse circulation (RC) holes and nine diamond holes drilled at the SK3 target where oxide gold mineralisation was sampled in previous aircore drilling.

Results feature 20 metres at 3.03 g/t gold from 209 metres depth.

READ: Oklo Resources’ substantial shareholder Resolute Mining increases its stake

Oklo’s managing director Simon Taylor said: “These new results from our recently completed phase II drill program confirm the company’s belief that the Dandoko Gold Project has the potential to host a significant gold resource.

“The program delivered 31,706 metres of new drilling at Dandoko, producing excellent results.

“We look forward to receiving the final results and in addition the first assays from our Kouroufing Project located some 20 kilometres south west of Dandoko.

“With approximately 500 square kilometres of highly prospective landholdings now acquired around Dandoko, Oklo is a dominant player in a world-class gold exploration region.

“With plenty of drilling to follow over what is a largely unexplored area, the company is excited to release its results to market as they become available.”

Results show discovery potential at SK3

Results demonstrate the potential for further discoveries at SK3 with the significant new intersection of 20 metres at 3.03 g/t gold intersected in the most northern line of drilling.

Significant intersections from other drill holes, testing for extensions to the broad zone of oxide gold mineralisation at SK3 include 28 metres at 2.20 g/t gold from 155 metres depth.

Assays still remain pending

Although the phase II drilling program is complete, assay results still remain pending:

• 2 diamond and 20 aircore holes from SK2;
• 4 RC holes testing the Sory prospect 1.5 kilometres south of Seko;
• 149 reconnaissance aircore holes testing Dabia and Sory; and
• 690 shallow auger holes testing the Kouroufing Project.

View full OKU profile View Profile

Oklo Resources Ltd Timeline

Related Articles

1513112117_pershing-jpeg.jpg
December 13 2017
The Toronto-listed firm's main asset is the Relief Canyon Mine in Pershing County, Nevada..
periodic table
September 10 2018
W Resources should be in production from La Parrilla next year
Gold
June 14 2018
In April, Vast also acquired an indirect interest of 23.75% in the Eureka gold mine

© Proactive Investors 2018

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use