(MENAFN- ProactiveInvestors)
() will release details of a recent drilling program in Mali Africa at its gold projects and enter a trading halt until then.
Earlier ground surveys at Dandoko prospect uncovered areas of reconnaissance drilling that intersected a very tidy 16 metres at 2.30g/t gold from 158 metres at the Disse Prospect and 12 metres at 1.50 g/t gold from shallow depth at Diabarou Prospect.
Of interest Dandoko is located just 30 kilometres to the east of Resources’ massive 5.15 million ounce Fekola gold discovery.
A 4000 metre aircore drilling program commenced at Dandoko to test a combination of the gold-in-soil and geophysical targets at Selingouma Diabarou and Disse Prospects.
Aircore drilling programs will provide targets for a follow up Reverse Circulation program which will test the along strike and depth extent.
The details will be released before the commencement of trading on Wednesday 6 May 2015.
Simon Taylor was recently appointed to become managing director of Oklo to work with Andrew Boyd added as a consultant. Boyd was general manager – Geoscience for ASX listed Papillion Resources before its merger in October last year with TSX listed B2 Gold valuing Papillion at A$600 million.
Papillion’s key asset was the Fekola Project and a reported mineral resource estimate of 5.15 ounces of gold.
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