Oklo’s Managing Director, Simon Taylor commented: “The first results from the 2018 Phase 2 drilling program further confirms our belief that the Seko gold discovery has the potential to host a significant gold resource. We are aiming to complete 50,000m of drilling prior to the wet season in July over a range of targets at Seko, testing for both lateral continuity to the shallow oxide mineralisation and depth extensions to the primary gold mineralisation. The current program will provide a steady flow of news for shareholders in the months ahead.”
A total of 68 AC holes (for 6,722m), 33 RC holes (for 5,799m) and 21 DD holes (for 5,062m) completed to date in the Phase 2 program. The results from 7 RC and 9 DD are reported in this announcement with assay results pending from a further 68 AC, 26 RC and 12 DD holes.
OKU Price at posting:
37.0¢ Sentiment: Hold Disclosure: Held