Oklo Resources: Deeper Drilling Confirms Extensions at Seko
Sydney, NSW / March 8, 2018 / JMN Wire / Oklo Resources Limited (ASX: OKU) (“Oklo” or “the Company”;) is pleased to announce the following progress report on its 2018 Phase 1 drilling program at the Seko prospect within the Dandoko Project (Figure 1a and 1b), comprising infill and step-out aircore (AC), and deeper reverse circulation (RC) and diamond (DD) drilling.
Oklo’s Dandoko Project and adjoining Moussala and Kouroufing Projects are located within the Kenieba Inlier of western Mali and lie 30km to the east of B2Gold’s 5.15Moz Fekola Mine and 50km to the south-southeast of Randgold’s 12.5Moz Loulo Mine.
- First assay results received from diamond (DD) and reverse circulation (RC) drill holes testing for depth extensions to the broad zone of oxide gold mineralisation at Seko Anomaly 2 (SK2).
- Further significant primary gold mineralisation intersected including:
- 45m at 4.38g/t gold from 96m in DD hole DDSK18-007, including 9m at 11.02g/t gold from 103m;
- 18m at 4.41g/t gold from 128m in RC hole RCSK18-036, which was abandoned in mineralisation with the final metre returning 15.10g/t gold; and
- 25m at 2.24g/t gold from 191m in RC hole RCSK18-029, which is the deepest intersection to date.
- Results to date successfully outline depth extensions to the primary gold mineralisation at SK2, with results from a further 3 DD holes pending.
- Observations from the drill core confirm similar alteration assemblages to other world-class gold mines in the district, including Fekola (B2Gold) and Gounkoto (Randgold).
- Structural logging of drill core in progress to assist in targeting continuations to the high grade gold mineralisation.
- Two drill rigs currently operating, with a third rig mobilised to accelerate the Phase 1 program. DD drilling currently underway at SK3.