Oklo kicks off resource expansion drilling at Dandoko project to ‘unlock its true potential’
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Oklo Resources has begun drilling at its flagship Dandoko project in Mali with the aim of expanding its initial mineral resource estimate (MRE) of 11.3 million tonnes at 1.83g/t gold for 668,500 ounces of contained gold.
This encompasses the Seko, Koko, Disse and Diabarou deposits that collectively make up the Seko gold system – which remains open either along strike or at depth.
The initial 9,000m drilling program will cover these priority targets:
Oklo Resources (ASX:OKU) expects the first assay results in November.
Seko already contains a total measured, indicated and inferred resource of 10.09 million tonnes at 1.87g/t for 606,500 ounces of gold within the total Dandoko MRE.
This program will focus on resource growth opportunities including both shallow oxide and deeper primary gold mineralisation at Seko, Disse and Koko.
“Since announcing our initial MRE in March 2021 we remain focused on growing the Seko gold system, which remains open below the extensive zones of oxide mineralisation and building on the emerging targets at Koko South and Disse,” Oklo Resources managing director Simon Taylor said.
“We will continue to aggressively explore this extensive system and unlock its true potential through drilling during the current field season.”
The company’s next phase of deep drilling will follow-up the recent discoveries at Sari and Kandiole.
In September mineralisation at Sari was proven to extend into the fresh rock below the discovery hole with hits such as 7m grading 2.64g/t gold from 42m including 2m at 8.1g/t and 11m at 1.02 g/t from 65m.
Plus, Sari is within 10km of Seko at a reasonable trucking distance, so it has high potential to form part of Oklo’s resource growth strategy.
“Deeper conceptual drilling will be guided by the results from the 3D IP and passive seismic surveys completed over the wet season with the results currently being modelled,” Taylor said.
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.