Oklo Resources

Website: www.okloresources.com
Primary ticker: ASX:OKU
Stage of development: Exploration
Primary minerals: Gold
Project to promote: Dandoko, Moussala, Kouroufing, Kandiole, Sari, Kossaya

Live financials

Oklo Resources Limited is an ASX-listed exploration company with a focus on its 1,400m2 landholding covering some of Mali’s most prolific greenstone belts. Oklo’s flagship Dandoko and Kouroufing Projects are concentrated in the vicinity of numerous multi-million-ounce gold discoveries including B2Gold’s 7.1Moz Fekola Project and Randgold’s 12.5Moz Loulo Mine.
The Company has a corporate office in Sydney (Australia) and an expert technical team based in Bamako, Mali with a track record of discovery of multiple multi-million-ounce deposits in the region. Oklo’s in-country team is led by Dr Madani Diallo who has previously been involved in several significant gold discoveries.

Management Profile

Simon Taylor – Managing Director
Managing Director Simon Taylor is a geologist with over 25 years’ experience in exploration, project assessment and development and corporate advisory in the resources sector, including management at the CEO and Board level. His experience spans a range of commodities including gold, fertilisers (phosphate and potash), base metals, nickel, uranium, coal and coal seam methane in Australia, Brazil, Turkey, Uganda, Tanzania, Mali, China, UK and North America.

What is your rationale for attending 121 Mining Investment?

The main aim of attending 121 is to broaden market awareness of the Company and continue to grow its institutional investor base in capital markets outside of Australia. Oklo’s 2019 drilling program is underway and fully funded from its cash reserves AUD 13.5 million as the Company continues to build momentum towards outlining a resource of sufficient scale to meet the Company’s objective of becoming a near term gold producer.

What recent news would you like to highlight to investors attending?

During 2018, Oklo continued to aggressively explore the 12km long Dandoko gold corridor, producing a stream of excellent results and discoveries, including the 6km Kouroufing Gold Corridor. Results from the Seko Prospect (Dandoko) returned exceptional gra

What are your key goals for the next 3, 6 and 12 months?

3 Months:

Oklo’s near-term program for the 2019 field season consists of 35,000m of AC, RC, DD drilling and approximately 25,000m of low-cost shallow auger drilling at an estimated total cost of AUD $5 million. DANDOKO GOLD CORRIDOR Complete 4,000m of first pass RC

6 Months:

Complete 25,000m of Auger drilling at Regional targets following the highly successful use of low-cost reconnaissance auger drilling to identify both the Dandoko and Kouroufing gold corridors. Auger drilling will test for extensions to the newly identifie

12 Months:

Ongoing Drill testing at Dandoko (Seko, Sory, Dabia), Kouroufing and Kossaya Projects.

In a sentence, what do you think makes your company such a compelling investment?

Oklo is working towards delivering on its strategy of making a significant gold discovery that will transform the Company to a near term gold producer with a strong belief that the ground at Dandoko and surrounding areas are highly prospective and remain largely unexplored.