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- Oklo Resources (OKU) has intersected more than 100 grammes per tonne of gold from its Dandoko Project in west Mali
- This result came from a 28-hole reverse circulation program and one diamond hole drilling program
- On top of this result, the SK1 North gold trend at the Seko prospect has been confirmed to stretch beyond 500 metres long and 145 metres deep
- Results for the remaining holes will be announced soon
- Oklo has jumped 31.3 per cent on the market today and shares are trading for 21 cents each
Oklo Resources (OKU) has intersected more than 100 grammes per tonne of gold from its Dandoko Project in west Mali.
This significant result came from a 28 hole reverse circulation (RC) program and one diamond hole program completed at the SK1 North gold trend at the Seko prospect.
Besides the result of one metre at 102.37g/t gold, other high-grade results include two metres at 31.85g/t gold from 24 metres and 10 metres at 30.96g/t gold from 58 metres.
As well as these results, the SK1 North gold trend has been successfully extended to 500 metres in length and 145 metres in depth, this remains open down-dip and along strike to the north.
“With SK1 North emerging as a game-changer for Oklo, all efforts are currently being made to fast track its evaluation prior to finalising our maiden MRE (mineral resource estimate),” Managing Director Simon Taylor commented.
“The step-out drilling has now confirmed the strike length over 500 metres, with the deeper diamond drilling continuing to extend the zone at depth,” he said.
Oklo’s 134 square kilometre Dandoko Project is located within the Kenieba Inlier of west Mali, approximately 30 kilometres east of B2Gold’s 7.1 million-ounce Fekola Project.
Seko
Seko is made up of five auger gold trends, SK1 to SK5, and has a combined strike length of approximately seven kilometres.
Oklo’s program focused on infill drilling and closing off already explored zones of gold mineralisation.
All assays for SK1, SK2, and SK3 aircore (AC), reverse circulation (RC), and diamond core drilling have now been received and reported on.
SK1 North
First drilling on the SK1 North gold trend returned a significant intersection of 47 metres at 10.95g/t gold from 48 metres.
The nature of this intersection prompted the Board of Oklo to allow deeper RC drilling to test this area for higher-grade gold mineralisation.
Follow-up drilling returned results of 55 metres at 7.65g/t gold from 54 metres, 31 metres at 7.12g/t gold from 30 metres, and 51 metres at 4.28g/t gold from 63 metres.
The completed drilling at SK1 North has confirmed that mineralisation extends beyond 500 metres.
“The northernmost traverse indicates that the zone is swinging towards the north and drill coverage is currently being extended over this area,” Simon said.
“We look forward to providing further updates on our progress at SK1 North in the weeks ahead, which so far remain unaffected by the COVID-19 pandemic,” he concluded.
Depth extensions were also targeted with diamond hole RDSK20-062 being the deepest intersection returned.
This hole confirmed that mineralisation extends to a depth of at least 200 metres and returned results of 38 metres at 5.65g/t gold from 159 metres, including, six metres at 30.94g/t gold.
Oklo has jumped 31.3 per cent on the market today and shares are trading for 21 cents each at 1:17 pm AEDT.
