Exploring among the golden giants
Oklo Resources’ licences cover the highly prospective greenstone belts in Mali, West Africa, with a total landholding of 1,405km2. The Company’s focus is on its West Mali landholding (~505km2), and in particular its flagship Dandoko Project located east of the prolific Senegal-Mali Shear Zone and in close proximity to numerous world-class gold operations, with the Company retaining a 20% interest in its south Mali projects (~675km2) through a joint venture with Marvel Gold Limited (ASX:MVL).
The company has reported a robust initial JORC 2012 compliant Mineral Resource Estimate (MRE) of 11.3Mt at 1.83g/t gold for 668.5kOz contained gold at its flagship Dandoko Project in west Mali, with 79% of the MRE classified in Measured & Indicated category, which remains open and is expected to grow with ongoing drilling along strike and at depth. The MRE allows significant optionality for a potential future mining operation, with an increase in modelled cut-off grade providing potential for very high grade production scenarios.
