Oklo Resources Limited (ASX:OKU) believes recent drilling has highlighted the potential for the Seko Prospect at its flagship Dandoko Project in Mali to host large, gold mineralised systems.
This follows the receipt of further assay results received from two step-out diamond holes from its expanded drilling programme of ~3,000m completed over the northern portion of SK1 at Seko.
Managing Director, Simon Taylor, said the results of from the two holes have confirmed down dip continuity of the high-grade gold mineralisation with significant intersections 30m at 8.54 g/t gold from135m including 7m at 30.69 g/t gold from 142m and 13m at 15.80 g/t gold from 91m including 4m at 46.65g/t gold from 92m.
He said gold mineralisation is now confirmed down dip to 170m (vertical depth of ~130m) and remains open at depth.
The step-out DD programme is additional to the ~10,000m resource definition drilling programme at Seko, comprising infill aircore (AC), reverse circulation (RC) and diamond core (DD) drilling in advance of the maiden Mineral Resource estimate scheduled for completion early in Q2 2020.
The initial phase of drilling returned a spectacular intersection of 47m at 10.95g/t gold from 48m at the northern end of SK1, following which Oklo’s Board approved an additional 3,000m of drilling to test this emerging zone of high-grade gold mineralisation. A further 38 holes for 3,804m have since been completed over this zone.
The company recently announced assay results from the first 11 RC and two DD holes of the follow-up program covering the northern portion of SK1. These results confirmed the presence of a wide zone of gold mineralisation extending over a strike length of ~250m, which remains open to the northeast and at depth.
Significant intersections reported included 55m at 7.65g/t gold from 54m, 51m at 4.28g/t gold from 63m, 31m at 7.12g/t gold from 30m and 29m at 2.46g/t gold from 51m.
“These extremely impressive results from the two step-out DD holes in the north of SK1 continue to grow the size of this emerging zone of high-grade gold mineralisation,” Mr Taylor said.
Our focus is now on the next batches of assay results from the step-out holes drilled immediately along strike to the northeast and southwest.
“We also look forward to reporting on our progress with the deeper RC and DD resource drilling programme at Seko along with the reconnaissance AC drilling to the south of SK1 towards the Koko discovery.”
Oklo’s Dandoko Project is located within the Kenieba Inlier of west Mali, approximately 30km east of B2Gold’s 7.1Moz Fekola Project and 50km south-southeast of Barrick’s 12.5Moz Loulo Project. The Company currently holds ~500km2 of highly prospective ground in this emerging world-class gold region.
Extensive gold anomalies have previously been outlined by auger drilling along the 12km-long Dandoko gold corridor. The potential of this corridor to host large, gold mineralised systems has been demonstrated by the recent drilling success at Seko and several other nearby prospect areas.