Seko drilling continues to deliver the goods for gold explorer Oklo
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Oklo Resources’ Seko gold deposit is continuing to show its enormous growth potential.
Oklo Resources (ASX:OKU) released the last assay results from its 2021 drilling program at the Dandoko project in Mali, with strong gold numbers from targets at Seko demonstrating its growing scale.
Dandoko is in prime real estate, surrounded by multi-million-ounce deposits like B2 Gold’s 7.1Moz Fekola and Barrick’s 12.5Moz Loulo mine.
Seko already contains a total measured, indicated and inferred resource of 10.09Mt at 1.87g/t for 606,500oz of gold, with a total resource across the Dandoko project of 11.3Mt at 1.83g/t for 668,500oz.
Step out and infill results released from the last drilling at the SK1 South and Central targets showed strong widths and grades, including:
19m at 2.42g/t gold from 12m, including,
3m at 4.88g/t gold from 17m
23m at 1.27g/t gold from 23m, including,
2m at 6.08g/t gold from 25m
4m at 6.41g/t gold from 72m, including,
1m at 23.90g/t gold from 73m, and
10m at 1.62g/t gold from 20m, including,
3m at 3.90g/t gold from 20m.
Drilling for potential depth extensions outside the pit shell at SK1 South also delivered good hits, the best of which came in at:
28m at 1.46g/t gold from 93m, including,
2m at 4.88g/t gold from 93m, and
6m at 2.96g/t gold from 102m.
Oklo also received promising results in infill drilling at the SK2 target and in shallow reconnaissance aircore at SK5, immediately outside the existing gold resource at Seko and close to SK1 South.
“The latest results continue to highlight the significant growth potential of Seko and SK1 South in particular, where significant mineralisation was intersected outside of the pit shell which constrained the resource to a vertical depth of 125m,” Oklo managing director Simon Taylor said.
“These latest results coupled with the recently announced extensions at Koko South and Disse provide the company with a strong platform to add to the Seko resource base during the forthcoming field season.”
Oklo is now well placed to begin its 2022 field program, with 9000m of aircore, RC and diamond drilling approved by the explorer’s board.
Drilling is set to begin at the high-grade Disse target this week, where 3D IP and seismic surveys collected over the wet season will be used to establish targets for deep drilling.
The initial 9000m program is aiming to identify resource growth opportunities at the Seko, Disse and Koko deposits, with scoping and environmental studies also ongoing.
“The Board has approved an initial budget for the 2022 field season and with our technical team back on site, we anticipate the resumption of drilling by the end of this week,” Taylor said.
“The program will test the high-grade gold targets at Disse and at depth under SK2 with further deep drilling planned on other targets at Seko once the processed results from the 3D IP and passive seismic survey are available to assist in defining potential high-grade feeder mineralisation 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.