Mali – Oklo Resources confirms extensions to Seko prospect at Mali gold project

2019/03/08 – Oklo Resources Ltd has confirmed extensions to the Seko gold prospect in recent diamond drilling (DD) at its Dandoko Gold Project in west Mali.

To date, extensive gold anomalies have been outlined by auger drilling at the project with a 12-kilometre gold corridor discovered 24 months ago.

Three diamond holes were drilled with the aim of providing alteration, structural and lithological information to assist in planning the next phase of drilling.

Oklo Resources managing director Simon Taylor said: “We are encouraged by the latest results from Seko, all DD holes intersected significant alteration hosting variable widths of gold mineralisation in fresh rock below the oxide material.

“The drilling has also highlighted that the system remains open at depth and along strike with further drilling to test for extensions and high-grade shoot development.

“At SK2 the presence of altered breccia with sulphide zones in the deepest hole drilled to date provides guidance to test for potential shoots and feeder zones within the primary zone.

“As drilling recommences at Seko, Oklo will have a total of seven drill rigs in operation across its west Mali projects, providing a pipeline of sustained news flow for the coming months.”

Within the SK3 gold system, a hole drilled on the northernmost line intersected two wide zones of gold mineralisation – 30 metres at 1.32 g/t from 126 metres and 41 metres at 0.61 g/t from 216 metres.

Another hole drilled in the south of SK3 intersected a narrow zone of high-grade gold mineralisation and returned 5 metres at 3.33 g/t from 119 metres including 1 metre at 10.50 g/t from 122 metres.

Gold grades up to 2.45g/t

At SK2 hole a hole intersected altered breccia with sulphides hosting gold grades of up to 2.45 g/t gold within wide, low-grade zones including 14 metres at 0.59 g/t from 274 metres and 11 metres at 0.57 g/t from 293 metres.

Further drilling is planned to test for the down plunge extension of the high-grade gold shoot.

Further drilling

A multi-purpose drill rig is being mobilised to the Dandoko project to continue diamond, reverse circulation and aircore drilling at the Seko, Dabia and Sory prospects.

This will bring the total number of drill rigs operating on Oklo’s projects to seven, including a multi-purpose program of DD, RC and AC drilling underway at Kouroufing and a further five auger rigs testing regional targets across Oklo’s west Mali portfolio as part of the company’s $5 million 2019 field season drilling.

Kouroufing project, at which a 6-kilometre gold corridor was discovered during the 2018 field season, is 20 kilometres southeast of Dandoko and both are within the Kenieba Inlier of west Mali.

This region contains B2Gold Corp’s 7.1-million-ounce Fekola project and Barrick Gold Corp’s 12.5 million ounce Loulo mine.

Oklo holds around 500 square kilometres of highly prospective ground in this emerging world-class gold region.

Jessica Cummins / ProactiveInvestors

Sahel-Elite

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