Oklo strikes more high grades at Dandoko as Disse gold deposit shows its growth potential
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Oklo Resources is continuing to strike high grade gold at its Disse prospect as the African gold explorer looks to expand the 668,500oz resource at its Dandoko project in Mali.
Assays from Disse returned grades as high as 53g/t as Oklo (ASX:OKU) looks to extend the high grade prospect, which extends for a strike length of 550m and only makes up a small part of the Dandoko resource, most of which is in the shallow Seko oxide deposit.
Disse currently has an inferred resource of 150,000t at 2.57g/t for 12,100oz on wide-spaced 100-150m drill results as of Oklo’s last mineral resource update in March 2021.
With a number of high-grade results recorded as part of a 9000m RC and diamond resource expansion drilling program, the fresh rock target is well positioned for further growth.
The recent results included a single diamond hole with multiple intersections grading up to 25.20g/t, including:
The results of six reverse circulation holes have also been returned. Highlights included:
Oklo is seeking opportunities to grow the 15km long Dandoko project, situated between some of Africa’s biggest gold mines in West Mali, including Barrick Gold’s 18Moz Loulo-Gounkoto, B2Gold’s 7.1Moz Fekola and IAMGOLD’s 2Moz Diakha/Siribaya resource.
Managing director Simon Taylor said the recent results extended the mineralisation at Disse at depth and along strike.
Along with other recent results grading as high as 69.1g/t and 39.9g/t gold, the new drilling numbers add support for potential high-grade shoots plunging to the southeast and continuing at depth that require further drill testing.
“These excellent results further confirm Disse as an emerging high-grade target in fresh rock to complement the largely shallow oxide resource at Seko,” he said.
“The results have extended the mineralisation both at depth and along strike with further drilling planned.”
Oklo has also completed holes at Seko, where assays from drilling beneath the SK2 resource and along strike from the SK1 area are on their way.
“The current 9,000m resource expansion drilling program is making good progress, having now completed additional holes at Seko including a deep diamond hole under SK2 and at targets along strike from SK1 with results pending.”
Oklo is not done yet, with more assay results due during December from the initial 9000m drilling program.
Along with drilling at Disse, Oklo’s drilling team are focusing on shallow oxide and deeper primary gold mineralisation also at Seko and Koko.
The next phase of drilling will be supported by results from a 3D induced polarisation and passive seismic geophysical survey that was completed over the Malian wet season.
Initial drilling is scheduled to be completed early in the March Quarter, with the next phase being planned to follow up recent gold discoveries at the Sari and Kandiole prospects.
Scoping and environmental studies at Dandoko are also “well advanced”.
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.