Oklo has uncovered further evidence there is more gold to be found below its Seko SK2 deposit with deep drilling returning high-grade gold.

The 5m intersection grading 5.46 grams per tonne (g/t) gold from a depth of 235m includes a higher grade zone of 1m at 22g/t gold from 238m and adds to the company’s growing confidence that the system hosts substantial depth potential.

Adding further interest, Oklo Resources’ (ASX:OKU) reconnaissance aircore drilling targeting a blind geophysical target has paid off with the intersection of a significant 19m interval of gold grading 0.94g/t from a depth of just 56m.

Geochemical analysis using hand-held XRF shows a similar arsenic-copper response to the SK3 deposit, indicating that this target may represent a northern strike extension.

Likewise, reconnaissance drilling along the 4.5km SK1–Koko–Bembala trend has intersected further wide zones of gold mineralisation such as 12m at 1.43g/t gold from 21m, confirming that the structure is a significant mineralised trend.

Managing director Simon Taylor said the results marked a successful conclusion to the company’s first phase resource drilling, which has already seen significant potential to grow the Seko resource of 11.34Mt grading 1.83g/t gold, or 668,500oz of contained gold, from the exceptional high-grade intersections returned to date from Disse.

“The new results from SK2 highlight excellent potential to extend this significant lode at depth, which exhibits similar geological attributes to the other large gold systems in the region including the Yalea/Gounkoto deposits within Barrick Gold’s 18Moz Loulo/Gounkoto complex located ~50km the northwest,” he added.

“Importantly the discovery and development of these deposits started as a series of oxide open pits before developing into significant underground systems in the primary zone.

“Our team is currently planning the next phase of drilling, which in addition to the Seko targets, will follow-up on the recent satellite discoveries at Sari and Kandiole.”

Dandoko project

Dandoko is located within the Kenieba Inlier of west Mali, about 30km east of B2Gold’s 7.1Moz Fekola Project and 50km south-southeast of Barrick Gold’s 18Moz Loulo/ Gounkoto complex.

Oklo’s recent drilling has focused on the Seko, Koko and Bembala areas, that forms part of the Seko resource.

Besides deep drilling at SK2 intersecting high-grade primary gold about 60m below the SK2 resource shell and the reconnaissance hole hitting a potential extension of SK3, several holes have also intersected gold at the northern end of the SK3 pit shell that are outside the resource model.

Planning is underway for the next phase of drilling to follow-up on these results along with other targets at Seko, Disse and Koko and the recent satellite discoveries at Sari and Kandiole.




This article was developed in collaboration with Oklo Resources, a Stockhead advertiser at the time of publishing.


This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.