Oklo Resources (ASX: OKU) has struck yet more thick high-grade gold while drilling at its Dandoko project in west Mali, which managing director Simon Taylor has described as “game changing”.
Today’s results follow assays earlier in the month from the northern end of the SK1 target within the Seko prospect that revealed 47m at 10.95 grams per tonne gold from 48m.
Latest results have now confirmed north of SK1 as a new high-grade zone, with better assays comprising 55m at 7.65g/t gold from 54m, including 2m at 98.75g/t gold from 80m; 51m at 4.28g/t gold from 63m, including 12m at 7.19g/t gold from 75m; and 31m at 7.12g/t gold from 30m, including 17m at 12.63g/t gold from 38m.
“These latest results from the north of SK1 have successfully confirmed the presence of a new zone of high-grade gold mineralisation of considerable width extending over 250m,” Mr Taylor said.
“This emerging zone remains open both at depth and along strike to the north and is shaping up as a potential game changer for Oklo.”
“We eagerly await assay results from the remaining step-out and deeper holes at SK1 along with eh reconnaissance holes to the south towards the Koko discovery,” he added.
These assays are part of an expanded 3,000m drilling program over the northern portion of SK1.
The expanded program is in addition to the 10,000m resource definition campaign at the project, which has comprised infill aircore, reverse circulation and diamond core drilling.
Oklo plans to release its maiden mineral resource for Dandoko early next quarter.
All up, Oklo controls 1,405 square kilometres of land in Mali, with the west Mali tenements amounting to 405sq km.
A 12km gold corridor has been identified at Dandoko, which is only 30km east of B2Gold’s 7.1 million ounce Fekola gold project, and 50km from Barrick Gold’s 12.5Moz Loulo project.
The positive gold results propelled Oklo’s share price up more than 27% to $0.21 by mid-morning trade.