viewOklo Resources Ltd

Oklo Resources continues to grow SK1 anomaly at Dandoko Gold Project in Mali

Assay results from a further 21 reverse circulation and two diamond holes as part of the expanded drilling program have been received over the northern portion of SK1 at Seko.

Oklo Resources Ltd - Oklo Resources continues to grow SK1 gold anomaly at Dandoko Project in west Mali
The Seko deposit is within the wider Dandoko Gold Project in western Mali

Oklo Resources Ltd (ASX:OKU) continues to grow the SK1 anomaly at Seko deposit in west Mali along strike and depth with the latest results returning up to 34 metres at 4.07 g/t gold from 83 metres.

Results have been received from a further 21 reverse circulation (RC) holes and two diamond (DD) holes over the northern portion of SK1.

Gold mineralisation remains open down-dip and along strike with a second rig on-site to accelerate the evaluation of SK1 North.

Extensive gold anomalies have been previously outlined by auger drilling along the 12-kilometre-long Dandoko gold corridor demonstrated by recent drilling success at Seko and several other prospect areas.

Location of Seko gold trends within the Dandoko gold corridor

“Accelerating rate of drilling”

Managing director Simon Taylor said: “The consistent flow of remarkable results from SK1 North is rapidly growing the scale of this new discovery and is also demonstrating that much of the earlier drilling at SK1 was not optimally oriented and therefore ineffective.

“With this new zone remaining open at depth and along strike, we are accelerating the rate of drilling to ensure as much of this mineralisation reports to our maiden resource estimate as possible.

“We look forward to updating the market on further positive developments at Seko in the weeks ahead.”

Within the 34-metre intersection was 11 metres at 6.16 g/t from 99 metres.

Other notable intersections:

  • 22 metres at 3.94 g/t from 76 metres, including 4 metres at 15.04 g/t from 79 metres;
  • 11 metres at 8.55 g/t from 14 metres, including 3 metres at 27.62 g/t from 18 metres; and
  • 7 metres at 10.09 g/t from 38 metres, including 2 metres at 25.25 g/t from 40 metres.

Looking ahead

Results are expected shortly from a deeper RC and DD resource definition drilling program at SK2 and SK3 of 18 holes for 3,365 metres as well as from reconnaissance aircore drilling in progress to the immediate south of Seko towards the Koko discovery.

All new Seko results will be incorporated into the maiden mineral resource estimate scheduled for completion in the June quarter.

Metallurgical test work is also continuing with the first results expected in March.

Quick facts: Oklo Resources Ltd

Price: 0.3 AUD

Market: ASX
Market Cap: $141.69 m

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Oklo Resources Ltd named herein, including the promotion by the Company of Oklo Resources Ltd in any Content on the Site, the Company receives...



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

2 min read