PERTH (miningweekly.com) – Junior Oklo Resources has reported a maiden Joint Ore Reserves Committee-compliant resource of 11.3-million tonnes, at 1.83 g/t for 668 500 oz of contained gold at its flagship Dandoko project, in Mali.
The ASX-listed company on Tuesday noted that some 56% of the contained ounces were within the measured category, with a further 23% ounces in the indicated category.
“Our initial mineral resource at Dandoko represents a major turning point for the company and provides a strong platform in our quest to build a multimillion-ounce resource inventory within this world class gold province,” said Oklo MD Simon Taylor.
“This greenfield discovery is a credit to our technical team, with considerable upside remaining not only within the Seko gold system, but also at other lightly tested targets along the 15 km Dandoko gold corridor and within our nearby Kouroufing and Kandiole projects.”
Taylor noted that the mineral resource estimate would underpin a scoping study on a potential low-cost openpit mining operation at Dandoko, with the scoping study to focus on the high-grade oxide mineralisation extending to surface.
The scoping study would be undertaken in parallel with an aggressive resource expansion and exploration drilling programme, he added.