Oklo Resources Limited reported the receipt of further highly encouraging results from several resource growth targets recently drill-tested at Seko within the Company's 100%-owned Dandoko Project in west Mali. The Company reported further highly encouraging results from the recently completed resource expansion drilling program at Seko (SK2, SK1 & SK3 North), Koko and Bembala which form 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. Since announcing the initial Mineral Resource estimate (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 several targets evaluated at Seko including SK2, SK3 North, SK1, Koko and Bembala.

SEKO SK2: A single deep diamond (DD) drill hole (RDSK21-124) was completed to test for potential extensions of the SK2 system into fresh rock. The hole successfully intersected high-grade primary gold mineralisation 60m below the SK2 resource pit shell confirming the depth potential of the system. Significant results included: 5m at 5.46g/t gold from 235m including, 1m at 22.00g/t gold from 238m.

Diamond core from the hole exhibits similar alteration and mineralisation styles to the other large gold systems in the region, including the Yalea/Gounkoto deposits within Barrick Gold's 18Moz Loulo/Gounkoto complex located ~50km the northwest. The discovery and development of these deposits started as a series of oxide open pits before developing into significant underground systems in the primary zone. Alteration at SK2 is characterised by albite-sericite-carbonate-pyrite assemblages within breccias and turbiditic sediments (greywacke).

SEKO SK3 NORTH: A single reconnaissance AC line testing a blind, coincident seismic-IP geophysical target 240m north of SK3 intersected the following significant interval of low-grade gold mineralisation in hole ACSK22-1261: 19m at 0.94g/t gold from 56m including, 8m at 1.57g/t gold from 65m. Geochemical analysis of the intersection using hand-held XRF shows a similar As-Cu response to SK3, providing strong indication that this represents a northern strike extension of SK3. Numerous significant intersections at the northern end of the SK3 pit shell fall outside the resource model including 20m at 3.03g/t gold from a depth of 209m in hole RCSK18-72.

This new intersection is located some 240m to the north of the limit of previous drilling at SK3 and is a high priority target for follow-up evaluation. SEKO SK1: Two holes testing the northern extension of SK1 within the resource pit shell intersected: 7m at 1.55g/t gold from 30m including, 2m at 3.94g/t gold from 33m. 6m at 1.64g/t gold from 1m and 12m at 1.05g/t gold from 21m and 5m at 1.65g/t gold from 39m including 1m at 5.22g/t gold from 40m and 13m at 0.53g/t gold from 64m.

KOKO: Reconnaissance AC drilling along the 4.5km SK1 - Koko -Bembala trend intersected the following wide zones of oxide gold mineralisation further confirming this structure as a significant mineralised trend: 6m at 1.27g/t gold from 27m within 36m at 0.61g/t gold from 6m, 12m at 1.43g/t gold from 21m within 39m at 0.79g/t gold from 3m and 3m at 2.02g/t gold from 9m within 12m at 0.79g/t gold from 6m. BEMBALA: Initial AC and reverse circulation (RC) drilling at Bembala, located 4.5km south of SK1, confirmed the southern extension of the SK1 - Koko trend returning the following narrow gold intervals: 6m at 1.03g/t gold from 12m, 1m at 1.12g/t gold from 2m and 1m at 1.21g/t gold from 91m. urther detailed drilling is being planned along this significant gold trend.

ollowing the receipt of these latest results, planning is well underway for the next phase of drilling o follow-up on these results along with other targets at Seko, Disse and Koko and the recent atellite discoveries at Sari and Kandiole.