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Oklo Resources Limited

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Oklo Resources Limited Receives Further High-Grade Gold Hits from Disse Including Up to 87.5 G/T Gold

March 02, 2022 at 05:42 pm EST

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.

Latest news about Oklo Resources Limited

RBC Capital Markets Says B2Gold Interested In M&A	22-09-20	MT
B2Gold Closes Acquisition of Oklo Resources	22-09-20	MT
B2Gold Brief: Said Earlier Tuesday It Completed Acquisition of Oklo Resources Limited and its Extensive Land Package near the Fekola Mine	22-09-20	MT
B2Gold Completes Cash-and-Stock Purchase of Oklo Resources	22-09-20	MT
Oklo Resources Limited Announces Directorate Changes	22-09-19	CI
Scheme to Acquire Oklo Resources Takes Effect	22-09-08	MT
B2Gold Corp. completed the acquisition of Oklo Resources Limited.	22-09-07	CI
Oklo Resources Secures Court Approval for Takeover Scheme	22-09-07	MT
B2Gold Up In US Pre-Market On Positive Drill Results From Fekola North, Anaconda Projects	22-06-22	MT
Scotiabank Says Oklo Deal Positive For B2Gold Shares	22-05-26	MT
B2Gold To Acquire Australia-Listed Oklo Resources For A$91.3 Million	22-05-26	MT
B2Gold Brief: Earlier Thursday Moved to Acquire Australia-listed Oklo Resources Limited and its Extensive Land Package near the Fekola Mine	22-05-26	MT
B2Gold Acquires Oklo Resources Limited for About $64.7 Million in Cash-and-Stock Deal	22-05-26	MT
B2Gold Corp. entered into a definitive scheme implementation agreement to acquire Oklo Resources Limited for AUD 87.6 million.	22-05-25	CI
Oklo Resources Limited Reports Earnings Results for the Half Year Ended December 31, 2021	22-03-15	CI
Oklo Resources Confirms Depth Potential of Target at Mali Gold Project; Shares Down 5%	22-03-13	MT
Oklo Resources Limited Reports Receipt of Further Results from Several Resource Growth Targets At Dandoko Project in West Mali	22-03-13	CI
Australian Shares End Marginally Higher on Boost from Higher Commodity Prices	22-03-03	MT
Oklo Resources Hits High-Grade Gold at Mali Gold Project; Shares Jump 15%	22-03-02	MT
Oklo Resources Limited Receives Further High-Grade Gold Hits from Disse Including Up to 87.5 G/T Gold	22-03-02	CI
Oklo Resources Hits High-Grade Gold at Dandoko Project in Mali	21-11-29	MT
Oklo Resources Limited Reports Further High-Grade Gold Intersections from Disse Within the Company's 100%-Owned Dandoko Project in West Mali	21-11-28	CI
Oklo Resources Hits Up to 69 g/t of Gold at Mali Project	21-11-15	MT
Oklo Resources Limited Announces Oklo Intersects 69.1G/T Gold At Disse	21-11-14	CI
Oklo Reports High Grade Surface Sampling Results of Up to 5.87G/T Gold Extending SK1 Trend to over 4.5Km At Seko	21-10-24	CI

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Oklo Resources Limited is an Australia-based mineral exploration company. The Company is engaged in the identification of potential mining resource assets for acquisition, acquiring same, conducting mineral exploration in the Republic of Mali. The Company's projects include Dandoko, Other West Mali Projects and South Mali Projects. The Dandoko Project covers approximately 134 square kilometers (km2) and is located to the east of the prolific Senegal-Mali Shear Zone. Surrounding the project are numerous gold deposits, including B2Gold's 7.1Moz Fekola gold project (30 km west) and Barrick's 18Moz Loulo-Gounkoto Gold Mining complex (50 kilometers north-northwest). Its Other West Mali Projects include Kouroufing, Kossaya and Sari Projects, Kandiole Project, Moussala Project and Socaf Project. The South Mali projects include the Yanfolila, Yanfolila Est, Kolondieba, Kolondieba Nord, Sirakourou, Solabougouda and Solabougouda Sud (under application) licenses.

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