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Oklo Resources Ltd Seeks More Bonanza Gold In New Drilling At Diabarou

Oklo Resources Ltd (ASX:OKU) recently delivered some very high-grade gold intersections from the Diabarou prospect, which forms part of the Dandoko Gold Project in western Mali.

Highlights included: 6 metres at 53.77g/t gold from 36 metres; 3 metres at 110.30g/t gold from 120 metres, (inc. 1 metre at 280.00g/t gold; and 28 metres at 3.90g/t gold from 88 metres, including and 9 metres at 8.36g/t gold.

Oklo is now preparing a follow-up diamond and reverse circulation drilling program at Diabarou, which is anticipated to start date mid-May.

The reverse circulation drilling will primarily be used to evaluate extensions to the high grade gold mineralisation, while the diamond drilling will provide structural and quality assurance information for use in future resource estimates.

Moussala project

Oklo's Moussala Project which is strategically located in a favourable geological setting 15 kilometres west of the Dandoko Project and 15 kilometres to the east of B2Gold Resources' (formerly Papillon Resources) 5.15 million ounce Fekola gold discovery.

Oklo has now commenced reconnaissance field work.

Limited previous exploration within the project has delineated numerous gold-in-soil geochemical anomalies with peak values up to 0.54g/t gold, which remain untested by drilling.

The addition of the recently approved Moussala Project in close proximity to Dandoko significantly bolsters the company's regional landholding in the prolific Kenieba Inlier of western Mali.

The company considers the project to be highly prospective for the discovery of gold mineralisation associated with NNE-trending splay faults off the main, regional-scale Senegal Mali Shear Zone (SMSZ).

Elsewhere, these splay faults are spatially related to no fewer than six major gold deposits, including Sadiola (13.5Moz) and Loulo (12.5Moz), and have been identified within the Moussala project area from regional aeromagnetic data.

Yanfolila Project

Over at the Yanfolila Project, assays are pending from a reverse circulation drilling program covering 5 holes for 760 metres, completed at the Solona North-West prospect.

In 2015, Oklo intersected significant bedrock gold mineralisation including: 6 metres at 5.29g/t gold; and 3 metres at 1.23g/t gold.

There were also wider zones of anomalous gold mineralisation such as: 21 metres at 0.57g/t gold; with numerous holes ending in mineralisation.

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