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Oklo Resources Ltd

Oklo Resources confirms second bedrock discovery at Kouroufing; drilling continues at Dandoko

Oklo’s $5 million drilling program (planned 69,000 metres) at its Kouroufing and Dandoko Gold Projects in Mali are progressing to plan.

drilling
Several auger anomalies pending deeper drill testing

Oklo Resources Ltd (ASX:OKU) has received further encouraging drilling results from its Kouroufing Project, 20 kilometres southeast of the company’s flagship Dandoko Project in west Mali.

First assay results received from wide-spaced, shallow aircore (AC) drilling along a 1.4 kilometre extent of the Kome Target has confirmed significant bedrock gold mineralisation, with peak gold grades of up to 18.2 g/t gold over 2 metres.

Assay results from nine follow-up reverse circulation (RC) and one diamond hole (DD) at the Kouroufing Central prospect also confirmed the presence of narrow zones of high-grade gold mineralisation.

Oklo’s gold projects in west Mali

Best results include:

• Kome: 2 metres at 18.20 g/t gold from 24 metres;
• Kome: 10 metres at 1.29 g/t gold from 36 metres; including 2 metres at 4.11 g/t gold from 44 metres;
• Kome: 2 metres at 8.50 g/t gold from 18 metres;
• Central: 8 metres at 2.96 g/t gold from 62 metres including 2 metres at 8.20 g/t gold from 64 metres;
• Central: 5 metres at 4.23 g/t gold from 34 metres including 2 metres at 9.26 g/t gold from 35 metres.

Importantly, Oklo’s $5 million drilling program (planned 69,000 metres) at its Kouroufing and Dandoko Gold Projects in Mali are progressing to plan with drilling completed at Kouroufing and a multipurpose drilling rig continuing at Dandoko.

Kouroufing Project – Kome Target, location of AC drill traverses over auger drill holes and max gold in hole values and contours

Oklo managing director Simon Taylor said: “The new AC results from Kome have confirmed another bedrock gold discovery within our Kouroufing Project during the 2019 field season.

“With several other auger anomalies pending deeper drill testing, our confidence in the project hosting multiple, high-grade gold trends is growing by the day.

“Meanwhile, the current drilling program at Dandoko along the 12km-long gold corridor is testing between Seko 2 and 3 as well as along the full length of the corridor and is continuing to provide the opportunity to further enhance the company’s already fertile exploration pipeline.”

Kouroufing Project – Central Target - location of AC drill holes over auger drill holes and max gold in hole values and contours.

A multi-purpose drill rig is continuing at Dandoko with 4,250 metres completed out of the planned 16,000 metres program and drilling is in progress at Seko, Dabia and Sory and other targets along the 12kilometre-long Dandoko gold corridor.

This program will also include traverses exploring for potential gold mineralisation between SK2 and SK3.

Kossaya and Sari projects auger drilling

Assay results have now been received from first pass reconnaissance auger geochemical drilling (925 holes for 12,261 metres) over portions of the Kossaya and Sari projects located to the immediate north of the Kouroufing Project.

The results have defined a series of north-south trends with significant composite grades including 7 metres at 4.29 g/t gold, 5 metres at 0.53 g/t gold, 4 metres at 0.61 g/t gold and 5 metres at 0.59 g/t gold that warrant infill drilling.

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Price: $0.11

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