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Oklo Resources Ltd

Oklo Resources appoints Simon O’Loughlin as non-executive chairman

He is currently the chairman of Petratherm Ltd and Chesser Resources and a non-executive director of Bod Australia.

drilling
The company’s 2019 field season is well underway in Mali

Oklo Resources Ltd (ASX:OKU) has appointed Simon O’Loughlin as non-executive chairman of the company.

O’Loughlin is the founding member of O’Loughlins Lawyers, an Adelaide based medium- sized, specialist commercial law firm.

He also holds accounting qualifications and has had extensive involvement with companies in the resources sector.

O’Loughlin has been involved in the listing and back-door listing of numerous companies on the ASX and the National Stock Exchange.

He is currently the chairman of Petratherm Ltd (ASX:PTR) and Chesser Resources (ASX:CHZ) and a non-executive director of Bod Australia (ASX:BDA).

Oklo has advised that Michael Fotios has resigned from the board to attend to his other business interests and for personal reasons.

READ: Oklo Resources ramps up $5 million gold drilling program in Mali

The company’s 2019 field season is well underway with four drill rigs now in operation across its Dandoko and Kouroufing Projects in west Mali.

The $5 million drilling program consists of 35,000 metres of aircore, reverse circulation and diamond drilling and about 25,000 metres of low-cost shallow auger drilling.

Oklo’s Dandoko and Kouroufing Projects are about 30 kilometres east of B2Gold’s (TSE:BTO) 7.1 million ounces (Moz) Fekola Mine and 50 kilometres southeast of Randgold’s (LON:RRS) 12.5 Moz Loulo Mine.

Quick facts: Oklo Resources Ltd

Price: $0.11

Market: ASX
Market Cap: $45.32 m
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