Oklo gold hits provide further support for Seko resource growth

Drilling at Oklo’s Dandoko project in Mali has intersected significant intervals of near-surface gold, highlighting the potential for resource growth at Seko.

Notable results from the step-out drilling include 3m grading 11 grams per tonne (g/t) gold within a broader 18m zone at 2.05g/t gold from 9m, and 3m at 5.13g/t gold within a 12m zone at 2.33g/t gold from 48m.

Additionally, reconnaissance drilling a further 750m to the south returned a 3m hit at 5.45g/t gold from 6m while hits such as 3m at 4.61g/t gold from 12m and 9m at 1.05g/t gold from 60m have followed up on previous gold intersections at Selingouma.

Oklo Resources (ASX:OKU) adds that its 14,000m resource growth program at Dandoko and the follow-up 2,000m program at the new Sari discovery are now completed with assays pending.

“The latest results extend the SK1 – Koko zone a further 500m to the south, to an overall length of 3.4km. Our key mission since announcing the MRE in March is to grow the resource and these results have confirmed potential to achieve this,” managing director Simon Taylor said.

“With the first phase of our resource growth initiative successfully completed, including an additional 2,000m at the new Sari discovery with further assay results pending, we are now busy planning the next phase of drilling.

“We have retained the current drill rig which is scheduled to resume work in September immediately following the wet season.

“In the meantime, we are completing a 3D IP survey and passive seismic survey to assist in targeting potential high-grade feeder mineralisation in fresh rock below the extensive oxide mineralisation at Seko.”

Dandoko project

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

The project itself already has a resource of 668,500oz of gold, most of which is in the measured and indicated categories.

However, this is just the beginning, a point that Oklo has started to address with the recently completed drill program.

The company has extended the existing drill contract, which will resume in September after the end of the wet season.

Work programs in progress include technical and environmental studies, compilation of all outstanding assay results and planning for the next phase of drilling.

It will also carry out detailed surveys to assist in targeting potential high-grade feeder zones in fresh rock below the extensive oxide mineralisation.

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.