The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Oklo Resources has extended the Seko gold system at its Dandoko Gold Project
  • High-grade intersections up to 27.4g/t gold were returned
  • Results confirm the strong potential for the Seko gold system to grow in extent with several priority targets outlined for follow up assessment

Oklo Resources has further extended the Seko gold system within its Dandoko Gold Project after drilling identified new high-grade gold zones.

The flagship Dandoko Project is located within the Kenieba Inlier of West Mali approximately 30 kilometres east of B2Gold’s 7.1 million ounces Fekola Project.

Oklo currently holds 500 square kilometres of highly prospective ground.

At Dandoko, extensive gold anomalies have previously been outlined by auger drilling along a 12-kilometre long gold corridor.

The potential exists for this corridor to host large gold mineralised systems which were identified from recent drilling success at Seko and several other nearby prospect areas.

Assay results from 118 air core (10,342 metres), 7 reverse circulations (1252 metres) and 1 diamond drill (258 metres) holes at Seko have been received.

The shallow air core holes were designed to explore for blind mineralisation between the three main Skeo gold trends and for extensions along strike.

As part of this program, two long air core traverses were completed across the Seko gold trend (SK1-3) and the RC holes were designed to follow up previous mineralisation.

However, several of the holes didn’t reach target depth due to ground conditions.

Air core drilling at SK1 returned a number of significant gold results to the east, south and west.

To the west, 4 metres at 14.12g/t gold was returned and 2 metres at 9.15g/t gold was returned from the south and southwest.

To the east, multiple zones intersected significant gold mineralisation such as 2 metres at 7.13g/t gold and 10 metres at 2.33g/t gold.

Oklo is highly encouraged by the discovery of further altered breccia which has strong similarities to the main gold mineralisation zone at SK2.

Air core traverses at SK3 successfully intersected further gold mineralisation to the east, with a better intersection of 10 metres at 1.37g/t gold.

The two RC holes drilling to the north of SK3 identified several narrow zones of gold mineralisation with the best intersection of 1 metre at 16.40g/t gold.

Further assay results are expected in the coming weeks from drilling completed at the Selingouma prospect and the Lomona prospect.

These latest drill results have provided positive indications that the Seko gold system remains open with several new priority targets outlines for follow up evaluation following the current wet season.

Oklo is presently compiling 3D geological models of the gold mineralisation at Seko using property software to assist in the understanding of this complex gold system.

These models will also assist in planning the next phase of exploratory drilling at Seko.

OKU by the numbers
More From The Market Online

Renascor signs Indigenous Land Use Agreement for Siviour Graphite Project

Renascor Resources has finalised an Indigenous Land Use Agreement with the Barngarla Determination Aboriginal Corporation RNTBC.

Sayona sells $13.7M Troilus stake to grow lithium plays as prices low

Hotly watched ASX stock Sayona Mining has sold $12M worth of shares of Toronto-listed Troilus Gold…

Barton Gold sees latest raise exceed target by 300%

Barton Gold (ASX:BGD) has announced that its latest share purchase plan (SPP), intended to raise A$1M,…
The Market Online Video

Market Update: Unemployment on an even keel as ASX gains marginal ground

Australia's unemployment has edged up to 3.8%, according to ABS data, marking a 0.1% increase with…