AMN - MALI: High-grade gold hits at Kouroufing

Oklo Resources is encouraging by high-grade drilling results from the Kouroufing Gold Project in west Mali. This project is 20 kilometres southeast of the company's flagship Dandoko project.

First assays received from wide-spaced, shallow aircore (AC) drilling along a 1.4-kilometre extent of the Kome Target has confirmed significant bedrock gold mineralisation, with peak gold grades of up to 18.2 g/t gold over 2 metres.

Assay results from nine follow-up reverse circulation (RC) and one diamond hole at the Kouroufing Central prospect also confirmed the presence of narrow zones of high-grade gold mineralisation.

Best Kome results include:

• 2 metres at 18.20 g/t gold from 24 metres;
• 10 metres at 1.29 g/t from 36 metres, including 2 metres at 4.11 g/t from 44 metres; and
• 2 metres at 8.50 g/t from 18 metres.

At Central the best results include:

• 8 metres at 2.96 g/t from 62 metres including 2 metres at 8.20 g/t from 64 metres;
• 5 metres at 4.23 g/t from 34 metres including 2 metres at 9.26 g/t from 35 metres.

Oklo’s $5 million drilling program for a planned 69,000 metres at Kouroufing and Dandoko is progressing to plan with drilling completed at Kouroufing and a multi-purpose drilling rig continuing at Dandoko.

A multi-purpose drill rig is continuing at Dandoko with 4,250 metres completed out of the planned 16,000-metre program and drilling is in progress at Seko, Dabia and Sory and other targets along the 12km-long Dandoko gold corridor.

This program will also include traverses exploring for potential gold mineralisation between SK2 and SK3.

Oklo's managing director Simon Taylor said: “The new AC results from Kome have confirmed another bedrock gold discovery within our Kouroufing project during the 2019 field season.

“With several other auger anomalies pending deeper drill testing, our confidence in the project hosting multiple, high-grade gold trends is growing by the day.

“Meanwhile, the drilling program at Dandoko along the 12km-long gold corridor is testing between Seko 2 and 3 as well as along the full length of the corridor and is continuing to provide the opportunity to further enhance the company’s already fertile exploration pipeline.”

Results have now been received from first pass reconnaissance auger geochemical drilling of 925 holes for 12,261 metres over portions of the Kossaya and Sari projects to the immediate north of the Kouroufing project.

The results have defined a series of north-south trends with significant composite grades including 7 metres at 4.29 g/t, 5 metres at 0.53 g/t, 4 metres at 0.61 g/t and 5 metres at 0.59 g/t that warrant infill drilling.

The 134 square kilometre Dandoko project is along the Senegal Mali Shear Zone about 30 kilometres east of B2Gold Corp’s 7.1 million-ounce Fekola mine deposit and 50 kilometres south-southeast of Barrick Gold Corp's 12.5 million-ounce Loulo mine deposit.

www.okloresources.com