Ankündigung • Sep 17
Oklo Resources Limited Ordinary Shares to Be Deleted from OTC Equity Oklo Resources Limited Ordinary Shares (Australia) will be deleted from OTC Equity effective from September 19, 2022, due to Acquisition /Merger /Amalgamation. Ankündigung • Sep 09
B2Gold Corp. (TSX:BTO) completed the acquisition of Oklo Resources Limited (ASX:OKU). B2Gold Corp. (TSX:BTO) entered into a definitive scheme implementation agreement to acquire Oklo Resources Limited (ASX:OKU) for AUD 87.6 million on May 26, 2022. As per the transaction, B2Gold Corp. will pay AUD 0.0525 in cash and 0.0206 shares for each share of Oklo Resources Limited. The transaction is unanimously approved by board of directors of B2Gold and Oklo Resources Limited and is subject to approval by the court, approval by Oklo Resources Limited shareholders, approval from Malian minister of mines and approval from the TSX and NYSE American, including in respect of the issuance and listing of new B2Gold Shares. As of August 24, 2022, The NySE approval have been satisfied or waived. As of September 1, 2022, Oklo Resources shareholders has approved the transaction. As of September 7, 2022, the Supreme Court of
Western Australia has today made orders approving the scheme of arrangement. The Reimbursement fee of AUD 0.899 million is payable by Oklo Resources to B2Gold. The transaction is expected to complete in September 2022. As of August 3, 2022, The transaction is expected to be completed in mid-September 2022. As of August 3, 2022, Scheme is expected to be effective on September 8, 2022. B2gold Thomson Geer acted as legal advisor to Oklo Resources. King & Wood Mallesons acted as legal advisor to B2Gold Corp. Taylor Collison acted as financial advisor to Oklo Resources.
B2Gold Corp. (TSX:BTO) completed the acquisition of Oklo Resources Limited (ASX:OKU) on September 8, 2022. Recent Insider Transactions • Aug 17
Insider recently sold AU$1.1m worth of stock On the 12th of August, Ernest Albers sold around 8m shares on-market at roughly AU$0.14 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of AU$775k more than they bought in the last 12 months. Ankündigung • May 27
B2Gold Corp. (TSX:BTO) entered into a definitive scheme implementation agreement to acquire Oklo Resources Limited (ASX:OKU) for AUD 87.4. B2Gold Corp. (TSX:BTO) entered into a definitive scheme implementation agreement to acquire Oklo Resources Limited (ASX:OKU) for AUD 87.4 on May 26, 2022. As per the transaction, B2Gold Corp. will pay AUD 0.0525 in cash and 0.0206 shares for each share of Oklo Resources Limited. The transaction is unanimously approved by board of directors of B2Gold and Oklo Resources Limited and is subject to approval by the court, approval by Oklo Resources Limited shareholders, approval from Malian minister of mines and approval from the TSX and NYSE American, including in respect of the issuance and listing of new B2Gold Shares. Reimbursement fee of AUD 0.899 million is payable by Oklo Resources to B2Gold. The transaction is expected to complete in September 2022. Thomson Geer acted as legal advisor to Oklo Resources. King & Wood Mallesons acted as legal advisor to B2Gold Corp. Taylor Collison acted as financial advisor to Oklo Resources. Price Target Changed • Apr 27
Price target decreased to AU$0.35 Down from AU$0.50, the current price target is provided by 1 analyst. New target price is 293% above last closing price of AU$0.089. Stock is down 41% over the past year. The company posted a net loss per share of AU$0.013 last year. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Chairman Mark Connelly was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Ankündigung • Mar 04
Oklo Resources Limited Receives Further High-Grade Gold Hits from Disse Including Up to 87.5 G/T Gold Oklo Resources Limited reported further high-grade gold intersections from Disse within the Company's 100%-owned Dandoko Project in west Mali. The Company reported further highly encouraging results from resource expansion drilling at Disse, forming part of the Seko Mineral Resource within Oklo's flagship Dandoko Project. The Dandoko Project is located within the Kenieba Inlier of west Mali, approximately 30km east of B2Gold's 7.1Moz Fekola Project and 50km south-southeast of Barrick Gold's 18Moz Loulo/Gounkoto complex. IAMGold's 2.0Moz Diakha/Siribaya gold resource projects are located to the immediate southwest of Oklo's ~505km2 holding within this emerging world-class gold region. HIGHLIGHTS: Assay results received from a further 10 reverse circulation (RC) and 3 diamond (DD) holes at Disse. Further significant intervals of high-grade primary gold mineralisation intersected: 5m at 19.08g/t gold from 109m including, 2m at 47.04g/t gold from 112m which includes, 1m at 87.50g/t gold from 113m. 2m at 7.02g/t gold from. 6m at 3.76g/t gold from 221m including, 3m at 6.36g/t gold from 224m. 5m at 1.65g/t gold from 107m including, 1m at 6.75g/t gold from 111m. 6 RC holes drilled at Disse North discovers a potential parallel high-grade structure 300m north of the main Disse trend returning: 1m at 23.00g/t gold from 40m. Disse currently extends over a 550m strike length and was a small component of the Company's maiden Mineral Resource estimate (MRE) announced in March 2021 due to limited wide-spaced drilling. All new results are located below or outside the current MRE with modeling underway to investigate potential open cut and underground resource growth opportunities from the narrow but high-grade Disse system. Since announcing the initial MRE in late March 2021, the Company has remained focused on evaluating resource growth opportunities in close proximity to Seko and other targets along the 15km Dandoko gold corridor and within Oklo's adjoining projects. Assay results reported in this announcement are from a further 16 RC holes totalling 1,761m and 3 DD holes totalling 790.2m completed at Disse. All significant drill hole intersections are summarised., with drill hole locations summarised. A further 8 holes tested the main Disse structure, a southeast-trending zone extending over a 550m strike length to the south of SK3 that remains open at depth. A modest Inferred Resource of 150,000t at 2.57g/t Au for 12,100 contained gold ounces was previously reported for Disse1. Ankündigung • Nov 29
Oklo Resources Limited Reports Further High-Grade Gold Intersections from Disse Within the Company's 100%-Owned Dandoko Project in West Mali Oklo Resources Limited reported further high-grade gold intersections from Disse within the Company's 100%-owned Dandoko Project in west Mali. The Company reported further highly encouraging results from resource expansion drilling at Disse, forming part of the Seko Mineral Resource within Oklo's Dandoko Project. The Dandoko Project is located within the Kenieba Inlier of west Mali, approximately 30km east of B2Gold's 7.1Moz Fekola Project and 50km south-southeast of Barrick Gold's 18Moz Loulo/Gounkoto complex. IAMGold's 2.0Moz Diakha/Siribaya gold resource projects are located to the immediate southwest of Oklo's ~505km2 holding within this emerging world-class gold region. Since announcing the initial MRE in late March 2021, the Company remains focused on evaluating resource growth opportunities in close proximity to Seko and other nearby targets along the 15km Dandoko gold corridor and within the adjoining projects. Disse is a southeast-trending zone extending over a 550m strike length to the south of SK3 that remains open at depth and along strike to the southeast. A modest Inferred Resource of 150,000t at 2.57g/t Au for 12,100 contained gold ounces was previously reported for Disse1. Assay results reported in this announcement are from a further 6 RC holes totalling 752m and one DD hole totalling 248.5m completed at Disse. An additional 2 RC holes for 171m were abandoned prior to target depth and not assayed. The holes completed at Disse were drilled on infill sections to close up the previous wide line spacing of up to 150m. RC assay results received are from the central and eastern zone and a deeper DD hole (RDDS21-123) from the western zone. Significantly, the deeper DD hole (RDDS21-123) extended the high-grade primary gold zone to a downhole depth of 180m (~160m vertical depth) with individual grades of up to 25.20g/t gold. The hole also intersected a shallower zone (84m downhole) that may represent a separate hanging wall structure. RC holes RCDS21-356 and 357 were abandoned prior to reaching target depth and not assayed. RC hole RCDS21-358 intersected a late stage post mineralised dyke at the interpreted position of Disse mineralised structure. The results received to date at Disse add support for potential high-grade shoots plunging to the southeast and continuing at depth that require further drill testing. The gold mineralisation is hosted within a quartz diorite and is crosscut by a post mineralisation doleritic dyke. Alteration associated with the mineralisation is an early albite ± ankerite phase that is overprinted with silica - sericite pyrite alteration along brittle fractures that carries the gold mineralisation. Ankündigung • Jun 02
Oklo Resources Limited Achieves Further Regional Success from Drilling at Kandiole Oklo Resources Limited reported highly encouraging assays results from first pass, shallow aircore (AC) drilling at its 100%-owned Kandiole Project in west Mali, Africa. HIGHLIGHTS: Potential new gold discovery at the previously undrilled Kandiole Project, located ~20km southwest of the Seko Mineral Resource, within Oklo Dandoko Project. First pass AC drilling encountered an extensive zone of near surface gold mineralisation in three 200m-spaced drill traverses. Significant results for follow-up include: 3m at 4.81g/t gold 6m at 1.38g/t gold; 3m at 4.24g/t gold 3m at 1.81g/t gold; 3m at 3.92g/t gold 12m at 0.45g/t gold 6m at 1.29g/t gold. Mineralisation is coincident with a previously defined 1,000m long by 150m wide auger gold anomaly. Follow-up infill auger drilling underway to assist defining the extent of this new target. The Company reported highly encouraging results from first pass, shallow AC drilling at its 100%-owned Kandiole Project, located 20km southwest of the recently reported Seko Mineral Resource within Oklo Dandoko Project. Since the announcement of the initial Mineral Resource estimate in late March 2021, the Company has embarked on an aggressive resource growth initiative. The current program comprised 14,000m of drilling at the Dandoko Project, targeting Mineral Resource extensions along strike and at depth of Seko and a number of geochemical and induced polarization geophysical targets (IP) along the 15km Dandoko gold corridor. A further 8,500m of AC drilling was allocated to first pass testing of geochemical and conceptual targets within the Company's 100%-owned Sari and Kandiole Projects, located in close proximity to Dandoko. Highly encouraging assay results from first pass drilling at the Sari Project were announced which included 24m at 1.97g/t gold from 12m downhole. The assay results reported in this announcement are from first pass AC drilling at the Kandiole Project. REGIONAL DRILLING RESULTS: Six 200m-spaced AC traverses (66 holes for a total of 4,467 metres) were recently completed in the northeast of the Kandiole Project. The first pass shallow AC holes were designed to test the KN1 gold in auger geochemical anomaly, one of 4 auger targets previously delineated by Oklo. KN1 corresponds to an interpreted northeast-trending structural corridor extending from the regionally significant Senegal Mali Shear Zone into the Company's flagship Dandoko Project. The drilling successfully encountered multiple gold intersections within an extensive zone. Best intersections included: 3m at 4.81g/t gold 6m at 1.38g/t gold, 3m at 4.24g/t gold 3m at 1.81 g/t gold, 3m at 3.92g/t gold 12m at 0.45g/t gold 6m at 1.29g/t gold. Importantly, this zone mineralisation forms part of a much larger auger geochemical anomaly (KN1) that extends over 2.4km. Similar untested targets are located to the immediate west, including KN2-4, with infill auger geochemistry programs underway. Ankündigung • May 25
Oklo Resources Limited Achieves Early Success from Regional Drilling At Sari, 10KM from the Seko Resource Oklo Resources Limited report highly encouraging results from first pass, shallow AC drilling at its 100%-owned Sari Project, located 10km east of the recently reported Seko Mineral Resource within Oklo's Dandoko Project.
The Company reported highly encouraging results from first pass, shallow AC drilling at its 100%-owned Sari Project, located 10km east of the recently reported Seko Mineral Resource within Oklo's Dandoko Project. Since the announcement of the initial Mineral Resource estimate in late March 2021, the Company has embarked on an aggressive Mineral Resource growth initiative. The current program comprises 14,000m of drilling at the Dandoko Project, targeting Mineral Resource extensions along strike and at depth of Seko, and geochemical and geophysical targets (IP) along the 15km Dandoko gold corridor. A further 8,500m of AC drilling was allocated to first pass testing of conceptual targets within the 100%-owned Sari and Kandiole Projects located in close proximity to Dandoko. The assay results reported in this announcement are from regional AC drilling from the Sari Project. Six 400m-spaced AC traverses (for a total of 69 holes) were recently completed at the Sari Project. The first pass shallow holes were designed to test an auger gold-arsenic geochemical anomaly corresponding to the contact of a dioritic intrusion with a pronounced potassium radiometric low. Drillhole ACSA21-010 on the northern-most line returned a best intersection of: 24m at 1.97g/t gold from 12m, including: 12m at 2.66g/t gold from 15m, and 3m at 3.99g/t gold from 21m. The remaining holes intersected anomalous gold of up to 0.75g/t gold over 3m and broader interval zones up to 9m at 0.45g/t gold. The mineralised intervals were also scanned by a handheld portable XRF and showed an encouraging enrichment in arsenic and sulphur as well as moderate nickel, copper and lead levels. Importantly, this geochemical signature was a feature of the gold mineralisation at the Seko SK1N deposit. Ankündigung • May 18
Oklo Resources Limited Announces Metallurgical Test Work Confirms Recoveries Above 97% Oklo Resources Limited announced further encouraging results from metallurgical test work on SK1 mineralisation at Seko within the Company's Dandoko project located in west Mali, Africa. The current program included head analysis, gravity separation & flotation test work and cyanidation leach test work on two composite samples collected from SK1, representing soft oxide and transition zone gold mineralisation which makes up ~80% of the initial Mineral Resource Estimate (MRE) released in March 2021. These results complement the initial test work program conducted on oxide, transitional and fresh/hard rock gold mineralisation at SK2, which also highlighted excellent metallurgical characteristics. The test work was undertaken by ALS Metallurgy in Perth, Western Australia under the supervision of Lycopodium Minerals. A metallurgical program has been completed at the Company's SK1 prospect following on from the
previous positive metallurgical study results from SK2 released in April 20201. The new metallurgical
test work was undertaken on two composite samples, representing soft oxide zone mineralisation grading a weighted average of approximately 8.2g/t gold and a targeted sulphide transition zone mineralisation of approximately 4.9g/t gold. Oxide and transition zone mineralisation makes up ~68% and ~12% of the initial March 2021 MRE for Dandoko respectively, with oxide and transition zone mineralisation at the SK1 deposit comprising ~98% and ~2% of the material respectively. The test work was undertaken by ALS Metallurgy in Perth, Western Australia under the supervision of Lycopodium Minerals in Brisbane, Queensland. The scope of the program included head grade analysis, gravity separation & flotation test work and cyanidation leach test work on the two SK1 composite samples. The program was designed to provide further metallurgical parameters across the Seko deposits, and complements the work previously undertaken at SK2 in April 2020. The results will inform further variability test work based upon the weathering domains identified in the Dandoko MRE to investigate the optimal processing route for the project. Recent Insider Transactions • Apr 17
MD, CEO & Director recently bought AU$109k worth of stock On the 9th of April, Simon Taylor bought around 800k shares on-market at roughly AU$0.14 per share. This was the largest purchase by an insider in the last 3 months. Simon has been a buyer over the last 12 months, purchasing a net total of AU$292k worth in shares. Ankündigung • Mar 11
Oklo Identifies Further Growth Opportunities At Dandoko Oklo Resources Limited reported further significant results from shallow reconnaissance aircore (AC) drilling of regional targets at its Dandoko Project located in west Mali, Africa. HIGHLIGHTS: Assay results received from reconnaissance AC drilling confirm two further growth opportunities in close proximity to Seko along the 15km Dandoko gold corridor. Noteworthy intersections include; Selingouma North 8km south of Seko 12m at 2.41g/t gold from surface (including 3m at 6.39g/t gold from 6m and 9m at 0.41g/t gold from 39m) with the hole ending in mineralisation and 3m at 1.09g/t gold from 21m on the same drill traverse; 12m at 1.00g/t gold from 30m on the next traverse drilled 200m to the south. Koko East 3km south east of Seko 6m at 1.23g/t gold from 18m, 4m at 1.21g/t gold from 76m (including 1m at 3.41g/t gold). Koko North East and South 2-2.5km south of Seko 3m at 1.04g/t gold from 24m, 15m at 0.53g/t gold from 33m, 6m at 0.55g/t gold from 39m and 6m at 0.51g/t gold from 63m. Reconnaissance AC drilling is ongoing, testing additional targets identified through a combination of previous auger geochemical drilling, induced polarisation (IP) geophysical surveys and geological mapping. Regional programs are also commencing on the Kandiole, Kouroufing, Sari and Kossaya projects. Ankündigung • Mar 05
Oklo Resources Limited to Report Receipt of Further Assay Results from 2021 Drilling Campaign over Seko Within the Dandoko Project Oklo Resources Limited (Oklo or the Company) reported the receipt of further assay results from its 2021 drilling campaign over Seko within the Company's Dandoko Project. Oklo's Dandoko Project is located within the Kenieba Inlier of west Mali, approximately 30km east of B2Gold's 7.1Moz Fekola Project and 50km south-southeast of Barrick Gold's 18Moz Loulo (including Yalea) /Gounkoto complex (Figure 1a). IAMGold's 2.0Moz Diakha/Siribaya gold resource projects are located to the immediate southwest of Oklo's 505km2 holding within this emerging world-class gold region. Oklo previously outlined extensive oxide-hosted gold mineralisation along the 3km SK1 North SK1 South Koko trend. The current drilling program is focussed on completing definition of the oxide zone along this trend in advance of finalising the maiden Mineral Resource estimate (MRE). The assay results reported in this announcement comprise 6 diamond (DD) holes and 15 reverse circulation (RC) holes. SK1 Resource Drilling Results: The latest assay results have successfully extended the emerging SK1 South hanging wall zone down dip from the previously reported shallow gold intersection of 10m at 4.04g/t gold 2 from a downhole depth of 11m. Refer Figure 3, Section 1396300mN. Hole RDSK21-104 intersected 35m at 1.36g/t gold from a downhole depth of 61m, including, 5m at 5.34g/t gold that included 1m at 13.60g/t gold. This intersection is hosted within a 57m zone averaging 1g/t gold from 39m associated with altered and deformed brecciated sediments. The strong brecciation along with a variable weathering profile suggests that the hanging wall zone is proximal to the intersection of an interpreted northeast-trending structure with the principal north-northeast trending structure (host to the SK1 North and South mineralisation). Follow-up drilling is currently in progress over this new zone. Reconnaiassance Drilling Results: A total of 88 shallow reconnaissance aircore (AC) holes have been completed exploring for new targets in close proximity to the main MRE areas around Seko. Broad zones of gold mineralization were intersected in several holes confirming further growth opportunities for follow-up evaluation. Highlights included 17m at 1.02g/t gold from 32m, including 4m at 2.75g/t gold, to the immediate southwest of SK1 South and 17m at 0.64g/t gold from 33m, including 6m at 1.13g/t gold, 1km south of SK3. The significant drill hole intersections are summarised in Table 1 and Table 3, with all drill hole locations summarised in Table 2 and presented in Figures 2a 2b, 3 and 4. Ankündigung • Jan 19
Oklo Resource Drilling Expands SK1 South At Depth and Along Strike Oklo Resources Limited reported the receipt of further assay results from its 2021 drilling campaign over Seko within the Company's Dandoko Project. Oklo's Dandoko Project is located within the Kenieba Inlier of west Mali, approximately 30km east of B2Gold's 7.1Moz Fekola Project and 50km south-southeast of Barrick Gold's 18Moz Loulo (including Yalea) /Gounkoto complex. The Company currently holds approximately 505 sq.km of highly prospective ground in this emerging world-class gold region. The assay results reported in this announcement comprise 3 diamond (DD) holes and 29 reverse circulation (RC) holes. Oklo previously outlined extensive oxide-hosted gold mineralisation along the approximately 3km SK1 North SK1 South Koko trend. The current program is focussed on completing the oxide zone definition drilling in advance of finalising the maiden MRE. The latest assay results have successfully extended SK1 South at depth, returning the deepest intersection to date of 30m at 3.16g/t gold in hole RCSK20-272 from a down hole depth of 162m to 192m (150m average vertical depth) with the hole ending in mineralisation. The zone included a high-grade core of 7m at 9.68g/t gold with individual grades of up to 32.5g/t gold. Significantly this zone remains open down plunge and will be further tested in the current program. DD hole RDSK20-101 drilled 50m to the north along strike of hole RCSK20-272 returned a shallow high grade gold intersection of 10m at 4.04g/t gold from a down hole depth of 11m which may represent the development of a hanging wall lode. A further 100m to the north, RC hole RCSK20- 274 returned 5m at 5.36g/t gold from a down hole depth of 86m. Ankündigung • Dec 30
Marvel Gold Limited (ASX:MVL) completed the acquisition of 80% stake in South Mali Gold Projects of Oklo Resources Limited. Marvel Gold Limited (ASX:MVL) executed the agreement to acquire 80% stake in South Mali Gold Projects of Oklo Resources Limited for AUD 2.2 million on December 24, 2020. Under the term of agreement, Oklo Resources Limited (ASX:OKU) will receive a total consideration of AUD 0.2 million cash and 20 million Marvel Gold Limited shares (upon confirmation of renewal of licences), with up to an additional 20 million Marvel Gold Limited shares to be issued subject to Marvel achieving certain milestones. Marvel Gold Limited has made a AUD 0.05 million payment to Oklo and will now make the remaining AUD 0.15 million payment. Oklo will retain a 20% free-carried interest in the exploration joint venture company until a decision to mine is taken on a licence. Oklo will then have the option to contribute or dilute with regards to that licence through a newly formed operations joint venture company and will retain its free-carried interest in the exploration joint venture company. Marvel will issue 4 million Marvel shares to Oklo upon each confirmation of the successful renewal of the Yanfolila, Yanfolila East, Kolondieba, Kolondieba North and Sirakourou licences (to a total of 20 million Marvel shares). These licenses are granted but awaiting confirmation of their first renewal. Marvel will issue 10,000,000 Marvel shares to Oklo within 5 business days of Marvel announcing: (i) a JORC 2012 Mineral Resource at the Yanfolila or Kolondieba projects of any resource category of not less than 500,000 oz of gold or gold equivalent at a minimum grade of 1 g/t (ii) a JORC 2012 Mineral Resource at the Sirakourou, Solabougouda and Solabougouda South licences (now part of the Tabakorole project) of any resource category of not less than 350,000 oz of gold or gold equivalent at a minimum grade of 1 g/t. Marvel will issue 10 million Marvel shares to Oklo within 5 business days of Marvel announcing: (i) a JORC 2012 Mineral Resource at the Yanfolila and Kolondieba projects of any resource category of not less than 1,000,000 oz of gold or gold equivalent at a minimum grade of 1 g/t; (ii) a JORC 2012 Mineral Resource at the Sirakourou, Solabougouda and Solabougouda South (now part of the Tabakorole project) licences of any resource category of not less than 700,000 oz of gold or gold equivalent estimated at a minimum grade of 1 g/t. All the conditions precedent to achieve completion of the transaction have also been met.
Marvel Gold Limited (ASX:MVL) completed the acquisition of 80% stake in South Mali Gold Projects of Oklo Resources Limited on December 28, 2020. All conditions precedent to achieve completion of the transaction have been met. Ankündigung • Dec 24
Marvel Gold Limited (ASX:MVL) executed the agreement to acquire 80% stake in South Mali Gold Projects of Oklo Resources Limited for AUD 2.2 million. Marvel Gold Limited (ASX:MVL) executed the agreement to acquire 80% stake in South Mali Gold Projects of Oklo Resources Limited for AUD 2.2 million on December 24, 2020. Under the term of agreement, Oklo Resources Limited (ASX:OKU) will receive a total consideration of AUD 0.2 million cash and 20 million Marvel Gold Limited shares (upon confirmation of renewal of licences), with up to an additional 20 million Marvel Gold Limited shares to be issued subject to Marvel achieving certain milestones. Marvel Gold Limited has made a AUD 0.05 million payment to Oklo and will now make the remaining AUD 0.15 million payment. Oklo will retain a 20% free-carried interest in the exploration joint venture company until a decision to mine is taken on a licence. Oklo will then have the option to contribute or dilute with regards to that licence through a newly formed operations joint venture company and will retain its free-carried interest in the exploration joint venture company. Marvel will issue 4 million Marvel shares to Oklo upon each confirmation of the successful renewal of the Yanfolila, Yanfolila East, Kolondieba, Kolondieba North and Sirakourou licences (to a total of 20 million Marvel shares). These licenses are granted but awaiting confirmation of their first renewal. Marvel will issue 10,000,000 Marvel shares to Oklo within 5 business days of Marvel announcing: (i) a JORC 2012 Mineral Resource at the Yanfolila or Kolondieba projects of any resource category of not less than 500,000 oz of gold or gold equivalent at a minimum grade of 1 g/t (ii) a JORC 2012 Mineral Resource at the Sirakourou, Solabougouda and Solabougouda South licences (now part of the Tabakorole project) of any resource category of not less than 350,000 oz of gold or gold equivalent at a minimum grade of 1 g/t. Marvel will issue 10 million Marvel shares to Oklo within 5 business days of Marvel announcing: (i) a JORC 2012 Mineral Resource at the Yanfolila and Kolondieba projects of any resource category of not less than 1,000,000 oz of gold or gold equivalent at a minimum grade of 1 g/t; (ii) a JORC 2012 Mineral Resource at the Sirakourou, Solabougouda and Solabougouda South (now part of the Tabakorole project) licences of any resource category of not less than 700,000 oz of gold or gold equivalent estimated at a minimum grade of 1 g/t. All the conditions precedent to achieve completion of the transaction have also been met. Ankündigung • Dec 10
Oklo Resources Limited Provides Progress Update on 2021 Drill Program Oklo Resources Limited provides the progress update on the 2021 resource definition drilling program and expected timing of the maiden Mineral Resource Estimate (MRE) for Seko within the Company's Dandoko Project. Oklo commenced an initial 15,000m drilling program in late October with the aim of completing the program by year-end with the results to be used in finalising the maiden MRE. Three drill rigs were contracted for the program, predominantly targeting the 3km-long SK1 North to Koko trend at Seko, which remains open at depth and along strike. One rig has been fully operational since commencement of the program, however the second rig has experienced ongoing mechanical issues whilst mobilisation of the third rig from the Ivory Coast and clearance through customs was delayed. The drilling program is now progressing satisfactorily, with all three rigs fully operational and working on double shifts to increase the daily meterage rate. As previously reported, drilling to date at SK1 North has outlined significant oxide gold mineralisation to depths of up to 200m, with the primary zone (fresh rock) remaining largely untested. As part of the current program, 6 deep diamond (DD) drill holes totaling 1,832m have been completed below the oxide gold zone at SK1 North, testing the primary zone to depths of up to 325m, with results from these holes expected shortly. Shallow reverse circulation (RC) drilling, focusing on infilling and closing off areas of near-surface oxide mineralisation at SK1 and testing the strike extensions south towards Koko are in progress with a total of 11 holes completed totaling 1,198m. Is New 90 Day High Low • Nov 12
New 90-day low: AU$0.23 The company is down 34% from its price of AU$0.35 on 14 August 2020. The Australian market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is down 4.0% over the same period. Ankündigung • Jul 30
Oklo Resources Limited (ASX:OKU) exercised its option to acquire the remaining 35% stake in Sari project from Ecosud Sarl for XOF 10 million. Oklo Resources Limited (ASX:OKU) exercised its option to acquire the remaining 35% stake in Sari project from Ecosud Sarl for XOF 10 million on July 15, 2020. As a part of the transaction, Oklo shall grant Ecosud a 5% equity interest in the Licence and a 1% NSR royalty. Ecosud shall grant to Oklo the right to acquire Ecosud’s 5% ownership interest for a fixed price of XOF 575.5 million payable in cash and the right to acquire Ecosud’s 1% NSR for a fixed price of XOF 575.5 million.
Oklo Resources Limited (ASX:OKU) completed the acquisition of the remaining 35% stake in Sari project from Ecosud Sarl on July 15, 2020.