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Oklo Resources intersects more wide zones of gold mineralisation at Seko

Assay results received from infill drilling has extended the main zone of gold mineralisation further north.

Oklo Resources Ltd - Oklo Resources intersects more wide zones of gold mineralisation at Seko
Maiden resource estimate scheduled for completion in Q2 2020

Oklo Resources Ltd (ASX:OKU) has revealed further assay results from its 10,000-metre drilling program currently in progress at the Seko prospect within the Dandoko Project in Mali.

The drilling program, comprising aircore (AC), reverse circulation (RC) and diamond core (DD) drilling, is the precursor to a maiden resource estimate scheduled for completion early in Q2 2020.

Oklo’s gold projects in west Mali

Seko comprises five coherent auger gold trends (SK1-5) with a combined strike length of about 7 kilometres.

Assay results received from infill drilling at SK3 extends the main zone of gold mineralisation further north. Significant intersections include:

  • 20 metres at 3.08g/t gold from 81 metres to the end of the hole including 11 metres at 4.46g/t gold from 89 metres;
  • 50 metres at 1.55g/t gold from 43 metres including 30 metres at 2.17g/t gold from 43 metres and 10 metres at 3.14g/t gold from 53 metres;
  • 14 metres at 2.65g/t gold from 140 metres including 5 metres at 5.21g/t gold from 147 metres; and
  • 8 metres at 5.26g/t gold from 45 metres including 3 metres at 10.23g/t gold from 45 metres.

Previous and new results from AC, RC and DD drill holes over Seko Anomalies SK1-SK5

Oklo managing director Simon Taylor said: “The latest results from SK3 complement the recently announced outstanding results from SK1 and SK2.

“The infill drilling program continues to outline additional zones of shallow gold mineralisation and is improving our understanding of the extensive Seko gold system by the day.

“We look forward to reporting the balance of assay results from the remaining 25 holes while our expanded, deeper drilling program progresses.”

Background

Oklo’s Dandoko Project is within the Kenieba Inlier of west Mali, about 30 kilometres east of B2Gold’s (TSE:BTO) 7.1 Moz Fekola Project and 50km south-southeast of Barrick’s (NYSE:GOLD) 12.5Moz Loulo Project.

The company currently holds about 500 square kilometres of highly prospective ground in this emerging world-class gold region.

Extensive gold anomalies have previously been outlined by auger drilling along the 12 kilometre-long Dandoko gold corridor.

Seko gold trends within the Dandoko gold corridor

The potential of this corridor to host large, gold mineralised systems has been demonstrated by the recent drilling success at Seko and several other nearby prospect areas.

Further assay results are expected in coming weeks from the remaining 25 of the total 57 AC/RC holes drilled at Dandoko.

Quick facts: Oklo Resources Ltd

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ASX:OKU
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