OKU 5.26% 15.0¢ oklo resources limited

News: Oklo Resources takes trading halt to ready drill results

  1. Oklo Resources (ASX:OKU) will release details of a recent drilling program in Mali, Africa at its gold projects and enter a trading halt until then.

    Earlier ground surveys at Dandoko prospect uncovered areas of reconnaissance drilling that intersected a very tidy 16 metres at 2.30g/t gold from 158 metres at the Disse Prospect and 12 metres at 1.50 g/t gold from shallow depth at Diabarou Prospect.

    Of interest, Dandoko is located just 30 kilometres to the east of B2Gold Resources’ massive 5.15 million ounce Fekola gold discovery.

    A 4,000 metre aircore drilling program commenced at Dandoko to test a combination of the gold-in-soil and geophysical targets at Selingouma, Diabarou and Disse Prospects.

    Aircore drilling programs will provide targets for a follow up Reverse Circulation program which will test the along strike and depth extent.

    The details will be released before the commencement of trading on Wednesday, 6 May 2015.

    Simon Taylor was recently appointed to become managing director of Oklo to work with Andrew Boyd added as a consultant. Boyd was general manager – Geoscience for ASX listed Papillion Resources before its merger in October last year with TSX listed B2 Gold valuing Papillion at A$600 million.

    Papillion’s key asset was the Fekola Project and a reported mineral resource estimate of 5.15 ounces of gold.

     


    Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.

     

 
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