OKU 5.26% 15.0¢ oklo resources limited

Re-reading the last ann I can't help but think this could be a...

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    Re-reading the last ann I can't help but think this could be a decent area. Long way to go of course but 10 baggers happen.
    "In December 2013 Oklo completed the acquisition from Compass Gold Corporation (TSXV:
    CVB) (“Compass”) of 100% of the shares of Compass Gold (BVI) Mali Corp, a subsidiary of
    Compass which holds 100% of six gold projects in Mali, West Africa , covering 1,138km
    2
    over some of the most prospective Birimian Greenstone terrain in South and West Mali.
    ? With this acquisition and its existing Malian gold assets Oklo has been transformed into a
    major explorer in the world class Mali gold province.
    ? Immediately on completion of the Compass transaction, the Company commenced its initial
    drilling campaign of the Dandoko project. Five RC holes totalling some 1,364m were
    completed prior to the holiday break.
    ? The initial results of this drilling were released to the ASX on 22 January 2014, which
    revealed significant wide, strong gold intersections at two prospects (Disse and Diabarou)
    within the Dandoko project, which are considered to be significant early discoveries of new
    wide gold zones, warranting immediate follow-up.
    ? Concurrent with the acquisition, the Company entered into a mandate for the placement of
    securities to raise up to $1.5m. At 31 January 2014, the Company has placed 221,000,000
    ordinary shares at $0.005 to raise $1,105,000 before costs, with a further $ 395,000 before
    costs available to be raised under the mandate by 28 February 2014.
    ? The drilling program at Dandoko resumed from the holiday break on 20 January 2014 with
    further results expected to be announced in February 2014."
 
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Currently unlisted public company.

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