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Oklo Resources drilling at Dandoko delivers wide gold zones of up to 52 metres at 1.27 g/t

The company holds around 500 square kilometres of highly prospective ground in an emerging world-class gold region in west Mali.

Oklo Resources Ltd - Oklo Resources drilling at Dandoko delivers wide gold zones of up to 52 metres at 1.27 g/t
Oklo’s program is focusing on infill drilling and closing off areas of near-surface mineralisation

Oklo Resources Ltd’s (ASX:OKU) resource definition drilling at Dandoko project in west Mali, Africa, has returned further wide zones of gold mineralisation.

Best results from the SK1 prospect are 52 metres at 1.27 g/t gold from 26 metres including 3 metres at 3.64 g/t from 61 metres, and a second zone of 27 metres at 1.27 g/t from 130 metres.

These results come from a reverse circulation (RC) program of 11 holes.

Oklo’s managing director Simon Taylor said: “The exceptionally wide zone of mineralisation intersected at the southern end of SK1 along with the nearby hits at SK5 and the Koko prospect are promising indications for Seko to significantly grow in scale.

“Drilling is now underway on this untested priority target that extends for over 2km.”

The 10,000-metre drilling program is the precursor to a maiden mineral resource estimate scheduled for completion in the second quarter.

SK5 results

A further six holes completed at the emerging SK5 trend returned several gold intersections at shallow depths including a highlight of 25 metres at 1.21 g/t gold from 18 metres.

Other notable results are 8 metres at 1.02 g/t from 7 metres, 5 metres at 1.56 g/t from 22 metres and 5 metres at 1.19 g/t from 34 metres.

Next steps

Oklo has expanded the drilling program over the northern part of SK1, where 47 metres at 10.95 g/t from 48 metres was recently reported.

Assay results from this area are expected in the coming weeks.

The company will also conduct follow-up drilling to test SK5 for extensions south towards Koko and north towards SK4.

A second drill rig has arrived on site with follow-up reconnaissance aircore drilling between SK1 and the new Koko discovery in progress.

A series of 100-metre deep holes along 400-metre spaced traverses are planned over this 2-kilometre-long untested target.

Quick facts: Oklo Resources Ltd

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Market: ASX
Market Cap: $99.19 m

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on 12/3/19

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