The Sari (14km2), Kossaya (70km2) and Kandiole (116km2) Projects lie within the Kenieba Inlier to the east of the regionally significant Senegal-Mali Shear Zone (“SMSZ”). The SMSZ and associated northeast-trending splay structures are spatially realted to several major gold projects including: Fekola (7.1Moz), Loulo (12.5Moz), Gounkoto (5.4Moz), Yatela (3Moz), Sadiola (15Moz) and Sabodala (10Moz). The Sari and Kossaya projects are contiguous with the Company’s Kouroufing project and Sari is 1km to the east of the Company’s flagship Dandoko project. The Kandiole project is located approximately 5km southwest of Oklo’s flagship Dandoko Project and 10km south east of B2 Gold’s operating Fekola mine.
The projects cover a largely unexplored tract of highly prospective Proterozoic Bririmian greenstones in a comparable setting to nearby multi-million ounce gold mining operations and recent discoveries.
First pass reconnaissance auger geochemical drilling (925 holes for 12,261m) has been completed over portions of the Kossaya and Sari Projects located to the immediate north of the Kouroufing Project.
The auger holes were drilled to an average hole depth of 14m at 100m centres along 400m spaced lines. Three composite samples of variable thickness were collected from each hole representing the laterite, transition and saprolite horizons.
The results have defined a series of north-south trends with significant composite grades including: 7m at 4.29g/t gold, 5m at 0.53g/t gold, 4m at 0.61g/t gold and 5m at 0.59g/t gold that warrant infill drilling.