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Oklo Resources’ drilling elevates Dandoko to a potential district-scale gold discovery

2017/18 field season concluded after identifying a potential regional scale gold camp with two district scale projects.

drill rig
2018/19 drill program planned to begin next month

Oklo Resources Ltd (ASX:OKU) has received final assays from phase II drilling confirming significant gold mineralisation at the Sory and Dabia prospects at its Dandoko Gold Project in Mali.

Highlight results include:

• 44 metres at 1.37 g/t gold from 33 metres including 5 metres at 2.36 g/t gold from 33 metres;
• 25 metres at 2.50 g/t gold from 65 metres including 4 metres at 5.03 g/t gold from 68 metres; and
• 5 metres at 4.85 g/t gold from 31 metres.

 

Oklo managing director Simon Taylor said: “Results from the phase II drill program have elevated the Dandoko Gold corridor to a district scale discovery with significant gold mineralisation now confirmed to the North (Dabia) and South (Sory) of Seko.

“This good news builds momentum for a possible regional scale gold camp with the recent identification of the Kouroufing gold corridor providing a second district scale prospect for the company.

“Compilation of these new and previously announced results are being finalised and we hope to be able to mobilise in mid to late October with a new drill program, following the end of the wet season.”

READ: Oklo Resources discovers gold corridor in initial drilling at Kouroufing Project

Oklo recently identified a gold corridor at the Kouroufing Project in Mali from first pass auger drilling.

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

Taylor added: “The unique position of having a possible regional scale gold camp with two district scale projects concludes a very successful 2017/18 field season and provides a pathway to succeed with our 2019 program”

Quick facts: Oklo Resources Ltd

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ASX:OKU
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Market Cap: $53.66 m
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Oklo Resources has 'pipeline of projects' and 'soon to have 7 drill rigs going'

Oklo Resources Ltd (ASX:OKU) managing director and chief executive Simon Taylor tells Proactive Investors that the Mali-focused gold explorer and developer will have 7 rigs spinning on two of its projects by next week. Plenty of news flow is expected in the short term on the Dandoko...

on 12/3/19

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