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Oklo Resources (ASX:OKU) receives positive results from Seko prospect, Mali

Mining
ASX:OKU
08 April 2020 05:00 (AEST)
Oklo Resources (ASX:OKU) - Managing Director, Simon Taylor

Source: 121 Mining Investment Events

Oklo Resources (OKU) has received positive results from recently completed metallurgical test work on samples from the Seko prospect.

Seko is situated within Oklo’s Dandoko Project which lies 30 kilometres east of B2Gold’s 7.1 million-ounce Fekola Project in west Mali.

This metallurgical test work program consisted of gravity separation, flotation test work, and leach work.

The work was completed by ALS Metallurgy in Perth and was overseen by Lycopodium Minerals.

Approximately three separate samples were tested, including; soft oxide mineralisation with a grade of four grammes per tonne gold, transitional mineralisation grading 6.5g/t gold, and hard rock mineralisation grading three grammes per tonne gold.

These samples came from the SK2 gold trend at Seko.

Test work has revealed that carbon content, tellurium (silver-white metal) content, silver content, and mercury content is low.

All these low contents are ideal, as it makes the gold easier to extract, and it enables only the highest quality mineral to be extracted.

These results show that Seko has straightforward metallurgical characteristics which make it ideal for exploration.

Leach recoveries have also shown that up to 94 per cent oxide can be collected and between 85 and 88 per cent of gold can be recovered, while flotation gold recoveries sit between 91 and 95 per cent.

“The metallurgical test work results are highly encouraging in confirming the likelihood of a simple gold processing flowsheet at Seko,” Managing Director Simon Taylor commented.

“The test work results complement the excellent progress that the company is making with its resource definition drilling program at the SK1 North discovery, both of which will be essential elements in informing the forthcoming scoping study,” he added.

This program was designed to provide initial information for the upcoming scoping study for Seko and the results will provide key data for future targets.

Oklo has ended the day 9.52 per cent in the green with shares trading for 23 cents each in a $99.18 million market cap.

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