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Staff Writer

Oklo Resources says first assay results from its air core drilling campaign have revealed a new gold discovery within its Dandoko gold project in Mali.

The company’s 2018 drilling program comprises infill and step-out aircore (AC), deeper reverse circulation (RC) and diamond (DD) drilling at Seko target and other untested geochemical targets along the Dandoko gold corridor at the project.

Five lines of wide-spaced, shallow AC drilling (60 holes for 3,917m) over 1.8km completed at the Sory target, located some 2.5km south of Seko, intersected grades of up to 13.3g/t gold and multiple zones of anomalous to low grade mineralisation including 14m at 1.31g/t gold, 5m at 2.82g/t gold and 5m at 2.27g/t gold.

The results further confirm the Dandoko gold corridor as a district scale trend with the potential to host further significant gold discoveries.

At Seko, drilling is ongoing with further significant intersections received from 16 infill and step-out AC holes at Seko Anomaly 1 (SK1) testing for extensions to previously reported shallow, oxide gold mineralisation.

Significant new results include 33m at 4.97g/t gold from 63m, ending in mineralisation; including 13m at 9.69g/t gold from 64m

A third drill rig will be mobilised to accelerate diamond core (DD) drilling targeting extensions to the known oxide gold mineralisation into fresh rock at Anomalies SK2 and SK3.

The Dandoko project covers 134km2 within the Kenieba Inlier of west Mali in close proximity to numerous world class gold deposits including B2Gold’s 5.15Moz Fekola gold project 30km to the west and Randgold’s 12.5Moz Loulo Gold Mine 50km to the north-northwest.

Shares in Oklo were last trading at 41c.

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