viewOklo Resources Ltd

Oklo Resources discovers gold corridor in initial drilling at Kouroufing Project

First-pass drilling has revealed multiple walk-up drill targets for deeper drilling.

map with pin showing country of mali in west africa
Follow-up drilling for after the wet season is now being planned

Oklo Resources Ltd (ASX:OKU) has received first-pass auger drilling results from its 690-hole program at its Kouroufing Project in western Mali.

The shallow geochemical drilling revealed a 6 kilometre gold corridor with numerous gold anomalies of over one kilometre in length and grading over 1 g/t gold.

The best intersections included 8 metres at 14.35 g/t gold from 5 metres, 5 metres at 2.18 g/t gold from 7 metres and 15 metres at 1.25 g/t gold from surface.

READ: Oklo Resources’ drilling reveals high-grade gold and a new mineralised zone in Mali

Oklo’s managing director Simon Taylor said: “The fact that relatively shallow and inexpensive first pass auger drilling has identified a 6 kilometre long corridor of high-grade gold anomalies is a great outcome that should excite our shareholders.

“While the main focus remains on our flagship Dandoko Project, the company will pursue this opportunity with further drilling in the coming season.

“The Kouroufing result validates the Company’s strategy of acquiring a portfolio of highly prospective licences in a globally significant region for gold discovery, and systematically testing them.

“The company now has multiple opportunities for a large-scale discovery in Western Mali.”

Drilling part of the phase II program, assays pending

The 690 hole, 10,210-metre auger geochemical program covering a quarter of the 90.7 square kilometre Kouroufing Project is part of Oklo’s phase II drill program.

The phase II program which is now complete also included 31,706 metres focused on the flagship Dandoko Project.

Assay results remain pending for 4 RC holes at the Sory prospect and 149 aircore holes at Dabia and Sory.

Quick facts: Oklo Resources Ltd

Price: 0.2 AUD

Market: ASX
Market Cap: $100.81 m

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