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Oklo Resources (ASX:OKU) progresses resource growth drilling at Dandoko

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ASX:OKU
01 September 2021 15:20 (AEST)
Oklo Resources (OKU) - Managing Director and CEO, Simon Taylor

Source: Oklo Resources

Oklo Resources (OKU) has reported high-grade gold results from the Disse deposit which is part of the Dandoko Project in Mali.

These results come from 26 holes holes drilled at Disse as part of a 14,000-metre drilling program at the Seko resource area.

The Disse deposit extends for 550 metres and contributed in a minor way to the Dandoko Maiden Mineral Resource Estimate (MRE) which was released in March this year.

The maiden MRE stands at 11.3 million tonnes at 1.83 grams of gold per tonne (g/t) for 668,500 ounces of contained gold across the Seko, Koko, Disse and Diabarou deposits.

Since then, the company has stayed focused on testing new and existing targets in more detail to assess resource growth potential.

Newest results from Disse include six metres at 13.05g/t gold from 72 metres including two metres at 32.55g/t gold including one metre at 39.9g/t gold, and three metres at 11g/t gold from 101 metres including one metre at 26g/t gold.

Managing Director Simon Taylor was pleased with the results.

“Disse is an emerging high-grade target following the confirmation of potential shoot development in fresh rock to complement the largely shallow oxide resource at Seko,” he said.

“We are now busy planning the next phase of drilling and have retained the current drill rig which is scheduled to resume work in September following the conclusion of the wet season. We look forward to the receipt of outstanding assay results, including from the recent Sari discovery.”

Drilling is currently on hold for the wet season but drilling is expected to recommence this month.

The company is also undertaking technical and environmental studies, data reviews and detailed survey work.

Company shares ended the day trading in the grey at 12 cents.

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