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Oklo Resources (ASX:OKU) - Managing Director & CEO, Simon Taylor - The Market Herald
Managing Director & CEO, Simon Taylor
Source: Proactive Investors
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  • Oklo Resources (OKU) has extended the emerging SK1 South hanging wall zone at the Dandoko Project in Africa
  • Oklo is conducting resource and reconnaissance drilling which successfully extended the lode down-dip from a previous gold intersection
  • Additionally, the drilling program returned grades of up to 17.8g/t gold and 42.6g/t gold
  • The resource portion of the program has been completed and assay results will be incorporated into an upcoming mineral resource update
  • Oklo ended the day with shares trading in the grey to close at 17 cents

Oklo Resources (OKU) has received more drilling results from infill and step-out resource definition drilling at the Dandoko Project in west Mali, Africa.

The latest results have successfully extended the emerging SK1 South hanging wall zone down-dip from a previous shallow gold intersection of 10 metres at 4.04g/t gold from 11 metres.

RDSK21-104 is the hole that successfully extended the lode and returned 35 metres at 1.36g/t gold from 61 metres including five metres at 5.34g/t and one metre at 13.6g/t gold.

Best results from another include 14 metres at 4.17g/t gold from 155 metres including three metres at 17.8g/t gold and one metre at 42.6g/t gold.

"We are highly encouraged by the wide zone of hydrothermal alteration emerging within the hanging wall at SK1 South associated with medium to high-grade gold mineralisation," Managing Director Simon Taylor said.

The resource portion of the drilling program has been completed and all samples will be dispatched for analysis. Once results are received, they'll be incorporated into a mineral resource estimate this month. Reconnaissance aircore drilling is ongoing.

Oklo ended the day with shares trading in the grey to close at 17 cents.

OKU by the numbers
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