- Oklo Resources (OKU) has received further results from first pass aircore (AC) drilling at its Kandiole Project in Mali, West Africa
- Up to 14,000 metres of drilling will be undertaken at the project to target mineral resource extensions along the strike and depth
- Oklo recently drilled 66 AC holes to test the previously identified KN1 gold in auger geochemical anomaly
- Drilling successfully intercepted multiple gold intersections with up to 4.81g/t gold returned
- The drilling also identified a potential new gold discovery which lies 20 kilometres southwest of the Seko mineral resource
- Follow-up auger drilling will now be undertaken to define the extent of the target
- Oklo has ended the day 2 per cent in the red with shares trading at 12.3 cents
Oklo Resources (OKU) has received further results from first pass aircore (AC) drilling at its Kandiole Project in Mali, West Africa.
Up to 14,000 metres of drilling will be undertaken at the project to target mineral resource extensions along strike and at depth.
Oklo recently drilled 66 AC holes, for 4467 metres, at the project to test the previously identified KN1 gold in auger geochemical anomaly.
Drilling successfully intercepted multiple gold intersections with a best result of three metres at 4.81g/t gold returned.
Other results include three metres at 4.24g/t gold, three metres at 3.92g/t gold and three metres at 1.81g/t gold.
Pleasingly, this mineralisation is associated with a one kilometre-long by 150 metre wide auger gold anomaly.
The drilling also identified a potential new gold discovery which lies 20 kilometres southwest of the Seko mineral resource.
Follow-up auger drilling will now be undertaken to define the extent of the target.
“It’s still early days at Kandiole, however we consider the potential extent of this new target, along with the other undrilled auger anomalies, as extremely promising with holes returning intersections of greater than 4g/t gold,” Managing Director Simon Lawson said.
“Given the early success at Kandiole and Sari, planning is well advanced for the follow-up evaluation of these targets in the near future.”
Oklo has ended the day 2 per cent in the red with shares trading at 12.3 cents.