MDF Global MDF Global
Apple’s iPhone boom highlights critical minerals powering smartphones•Presenting a united front for Queensland’s copper sector•Thailand seeks Myanmar mine access amid arsenic pollution•Egypt to set up state-backed company to license artisanal gold miners, free detainees•Brixton closes $7.4 million raise for Thorn, Langis projects•Heliostar banks record $78.7 million for Ana Paula push•Mining giants bet billions on 2030 supply crunch•Gunnison Copper reports Q3 output, revenue surge•Triumph Gold targets $15.46 million for Yukon push•African Rainbow Minerals faces a jobs dispute at Nkomati mine•Angola seeks 10% stake in De Beers under Anglo’s proposed exit•Gold price rebounds but heads for biggest weekly loss since June•Teck copper strike reaches BC port as operator sues union•Copper benchmark rocked by miner-smelter tug-of-war•Zimbabwe mining bill targets community, environmental safeguards•Mount Isa critical minerals hub secures Feasibility Study funding•Eramet initiates $814.5 million capital raise to reduce debt•Richemont backs natural gemstones, declines De Beers comment•‘Tis the season for administration as Comlek falls a second time•OceanaGold Philippines trials wireless blasting at Didipio mine Apple’s iPhone boom highlights critical minerals powering smartphones•Presenting a united front for Queensland’s copper sector•Thailand seeks Myanmar mine access amid arsenic pollution•Egypt to set up state-backed company to license artisanal gold miners, free detainees•Brixton closes $7.4 million raise for Thorn, Langis projects•Heliostar banks record $78.7 million for Ana Paula push•Mining giants bet billions on 2030 supply crunch•Gunnison Copper reports Q3 output, revenue surge•Triumph Gold targets $15.46 million for Yukon push•African Rainbow Minerals faces a jobs dispute at Nkomati mine•Angola seeks 10% stake in De Beers under Anglo’s proposed exit•Gold price rebounds but heads for biggest weekly loss since June•Teck copper strike reaches BC port as operator sues union•Copper benchmark rocked by miner-smelter tug-of-war•Zimbabwe mining bill targets community, environmental safeguards•Mount Isa critical minerals hub secures Feasibility Study funding•Eramet initiates $814.5 million capital raise to reduce debt•Richemont backs natural gemstones, declines De Beers comment•‘Tis the season for administration as Comlek falls a second time•OceanaGold Philippines trials wireless blasting at Didipio mine
Oklo gold intercepts

Oklo identifies two further growth opportunities at Dandoko

Oklo Resources Limited (ASX: OKU) announced that further significant results identified from shallow reconnaissance AC drilling of regional targets at its flagship Dandoko Project in west Mali, Africa have confirmed two further growth opportunities in close proximity to Seko along the 15km Dandoko gold corridor.

Significant intersections included 12m at 2.41g/t gold from surface (including 3m at 6.39g/t gold from 6m and 9m at 0.41g/t gold from 39m) from Selingouma North; 6m at 1.23g/t gold from 18m, 4m at 1.21g/t gold from 76m (including 1m at 3.41g/t gold) from Koko East; and 3m at 1.04g/t gold from 24m, 15m at 0.53g/t gold from 33m, 6m at 0.55g/t gold from 39m and 6m at 0.51g/t gold from 63m from Koko North East and South.

OKU said that reconnaissance AC drilling is ongoing, testing additional targets identified through a combination of previous auger geochemical drilling, induced polarisation (IP) geophysical surveys, and geological mapping. The company said that regional programs are also commencing on the Kandiole, Kouroufing, Sari, and Kossaya projects.

2021 drilling campaign at Dandoko

The company had recently commenced its 2021 drilling campaign within its flagship Dandoko project. This included the resource definition drilling program at Seko, as well as reconnaissance AC drilling program testing additional targets along the 15km Dandoko gold corridor in close proximity to Seko.

OKU said that these targets were identified through a combination of previous auger geochemical drilling, IP geophysical surveys, and geological mapping.

Resource definition drilling completed

The company reported that the resource definition drilling program at Seko was completed with all remaining samples dispatched to the laboratory for analysis. OKU said that upon receipt, the assay results will be incorporated into the maiden Mineral Resource estimate, which remains on track for delivery during March.

AC drilling at Dandoko

OKU said that assay results were received from 154 reconnaissance AC holes to an average depth of 52m. The company said that the results received to date have confirmed broad zones of gold mineralisation at the Selingouma North and Koko areas for follow-up testing.

Selingouma North

Noteworthy drill intersections in Selingouma North included 12m at 2.41g/t gold from surface (including 3m at 6.39g/t gold from 6m and 9m at 0.41g/t gold from 39m) with the hole ending in mineralisation and 3m at 1.09g/t gold from 21m on the same drill line; and 12m at 1.00g/t gold from 30m on the next line drilled 200m to the south.

Koko East

Significant hits from Koko East included 6m at 1.23g/t gold from 18m, 4m at 1.21g/t gold from 76m (including 1m at 3.41g/t gold).

Koko – NE and South

Important intersections from Koko – NE and South included 3m at 1.04g/t gold from 24m, 15m at 0.53g/t gold from 33m, 6m at 0.55g/t gold from 39m, and 6m at 0.51g/t gold from 63m.

Summary of significant intersections is as shown below.

The company announced that reconnaissance AC drilling is ongoing, testing additional targets in close proximity to Seko. OKU said that regional programs are also commencing on the Kandiole, Kouroufing, Sari, and Kossaya projects.

Management comments

Oklo’s Managing Director, Simon Taylor said: “The latest results from shallow reconnaissance AC drilling on targets along the 15km Dandoko gold corridor continue to confirm the potential for further growth opportunities in close proximity to Seko. These new results complement our pipeline of maturing satellite opportunities which will be further assessed in the near-term as part of our resource expansion drilling program.”

*Image Source: Oklo Resources Limited

Add to Watch List:
Written By Jonathan Norris
Jonathan is a founder of Mining.com.au and has been covering the resources industry since 2018. With over 17 years experience in print, broadcast and online media, Jonathan has seen first hand the transformative effect of online niche media.