Oklo Resources gears up for Seko drilling program in Mali gold belt
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Special Report: West Africa gold explorer Oklo Resources is following up recent exploration success at its Dandoko project in Mali by resuming drilling along strike at its Seko prospect.
Seko is a large, shallow, high-grade discovery that is being developed within Oklo Resources’ (ASX:OKU) flagship Dandoko project and is ringed by a host of gold mines including B2 Gold’s 7.1 million ounce Fekola mine and Barrick Gold’s 17.9 million ounce Loulo-Gounkoto complex.
Dandoko is located adjacent to the Senegal-Mali Shear Zone, a prolific gold-mining area in Mali.
The post-wet season drilling program is for 15,000m and focused on the 3 km-long Seko 1 (“SK1”) North to Koko trend, which is open at depth and along strike. First assay results are due in November.
Drilling to date has outlined significant oxide gold mineralisation at SK1 North to depths of up to 200m.
“With the gold mineralisation at SK1 remaining open at depth and along strike, we will continue to aggressively explore this extensive system and add to our knowledge of the overall resource potential,” managing director, Simon Taylor, said.
Three drill rigs are involved in the latest drilling at Seko, including diamond drilling to test fresh rock for mineralisation below the broad oxide gold zone, as well as shallow reverse circulation infill drilling on areas of near surface oxide hosted mineralisation.
70,000m of shallow reconnaissance auger drilling undertaken in 2016 and 2017 across the Dandoko project produced a 15km-long trend of gold anomalies, which the company has systematically tested with significant follow-up drill programs.
These drill programs have been highly successful, with hits including 49m at 12.83 grams per tonne (g/t), and 47m at 10.95 g/t.
The excellent results at Dandoko have established the project as a potential tier-one gold prospect, said the company.
The company’s technical team is led by Dr Madani Diallo, former Africa exploration manager for BHP, who was involved in several gold discoveries in Mali adding up to 30 million ounces.
“We continue to see business as normal in Mali which has moved swiftly to install a transitional president and government and all international borders are open,” said Taylor.
“Importantly, our senior expatriate geologists have returned to Mali, the first time since the COVID-19 outbreak.”
Oklo holds 500 sqkm of exploration tenements in Mali’s emerging world-class gold region, with all current work fully funded through a strong cash position of circa $19.7 million.
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.