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Oklo Resources (ASX:OKU) confirms broad gold zones at Dandoko

Mining
ASX:OKU
11 March 2021 04:00 (AEST)
Oklo Resources (ASX:OKU) - Managing Director, Simon Taylor

Source: 121 Mining Investment Events

Oklo Resources (OKU) has received a fresh batch of results from shallow reconnaissance aircore drilling at its Dandoko Project in west Mali, Africa.

Following the identification of targets through auger geochemical drilling and field work, this drilling program is testing additional targets along the 15-kilometre Dandoko gold corridor.

Pleasingly, the latest results have confirmed broad zones of gold mineralisation at the Selingouma North and Koko areas for follow-up testing.

Results from Selingouma North include 12 metres at 2.41g/t gold from surface including three metres at 6.39g/t gold from six metres and nine metres at 0.41g/t gold from 39 metres.

Koko East returned six metres at 1.23g/t gold from 18 metres and four metres at 1.21g/t gold from 76 metres including one metre at 3.41g/t gold.

Koko Northeast and South returned three metres at 1.04g/t gold from 24 metres, 15 metres at 0.53g/t gold from 33 metres, six metres at 0.55g/t gold from 39 metres and six metres at 0.51g/t gold from 63 metres.

“The latest results from shallow reconnaissance aircore drilling on targets along the 15-kilometre Dandoko gold corridor to continue to confirm the potential for further growth opportunities in close proximity to Seko,” Managing Director Simon Taylor said.

Oklo previously conducted resource definition drilling at the Seko prospect, and all samples have now been dispatched for analysis. Once Oklo receives the assays, they’ll be incorporated into the upcoming maiden mineral resource estimate.

The reconnaissance drilling is ongoing and will follow up on the results received today.

Company shares ended the day trading 8.82 per cent in the green to close at 18.5 cents.

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