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Oklo widens scope source at the Carlton prospect, part of the including some of the highest-grade gold
mineralisation intersected at Southern
Finniss project near Darwin, Northern Ter-
in Mali ritory. Nights so far.
High-grade lithium intersections outside Results included 35m @ 6.3% zinc,
Oklo Resources Ltd has struck more the current Finniss resource included; 35m 2.59% lead, 105 g/t silver, 0.24% copper,
wide zones of gold mineralisation from infill @ 1.32%, 14m @ 1.4% and 8m @ 1.37%; 1.87 g/t gold from 232m (including 5.9m
drilling at SK1 South at its Dandoko in west 23m @ 1.12% and 32m @ 1.52 % (includ- @ 17.13% zinc, 8.34% lead, 376 g/t silver,
Mali. ing 5m @ 2.69%); 13m @ 1.02% and 24m 0.26% copper, 7.6 g/t gold from 232.8m
Results from the final 11 RC holes of @ 1.08%; 27m @ 1.24% (including 4m @ and 7m @ 13.3% zinc, 4.4% lead, 97 g/t
shallow resource definition drilling at Seko 2.28%) and 14m @ 1.22%. silver, 0.1% copper, 0.89 g/t gold from
included 52m @ 1.27g/t gold from 26m (in- There are at least two spodumene peg- 251m).
cluding 3m @ 3.64 g/t gold from 61m) and matite bodies confirmed at Carlton, which Mineralisation associated with this high-
27m @ 1.1 g/t gold from 130m. remains open along strike to the south and grade zone remains open to the south,
Follow-up holes drilled at the emerging at depth. Peel reported.
SK5 trend encountered significant gold The most southern drill holes intersect- Infill drilling at Southern Knights con-
mineralisation including, 5m @ 1.21 g/t gold ed 13m @ 1.02%, 24m @ 1.08%, 23m @ tinue to add confidence to the geological
from 18m. 1.12% and 32m @ 1.52%. model, with recent assays received includ-
Both SK1 and SK5 remain open to the A resource expansion is due to be an- ing 23.2m @ 7.72% zinc, 3.33% lead, 48
south towards the nearby Koko prospect, nounced at Carlton this quarter. g/t silver, 0.1% copper, 0.24 g/t gold from
where wide intersections were recently re- 272.8m (including 10.8m @ 13.1% zinc,
ported. 5.22% lead, 91 g/t silver, 0.12% copper,
A maiden resource estimate is scheduled Peel’s great southern 0.33 g/t gold from 273.5m), while another
for completion in Q2 2020.
results hole returned 41m @ 4.72% zinc, 1.04%
lead, 35 g/t silver, 0.28% copper, 0.4 g/t
Peel Mining Ltd has started resource
Core strengthening estimation work at the Southern Knights gold from 259m (including 13m @ 8.65%
zinc, 1.5% lead, 28 g/t silver, 0.4% copper,
at Finniss deposit in New South Wales. 0.38 g/t gold from 278m).
A new high-grade zone has been iden-
Core Lithium Ltd has announced new tified at the southern end of Southern
high-grade spodumene pegmatite intersec- Nights, about 500m south of the Southern Red 5 on song in the hills
tions that are expected to expand the re- Nights Central Zone, with assay results FY2020 has started well for Red 5 Ltd at
King of the Hills, with results from infill and
extensional underground drilling returning
positive results, including broad whole-
of-hole intercepts 190.6m @ 1.3 g/t gold,
231m @ 1.2 g/t and 58m @ 4.1 g/t.
Extensional drilling has delivered widths
of up to 57.3m @ 2.3 g/t gold outside of
the existing 3.1 moz resource envelope,
together with high-grade intersections in-
cluding 15.9m @ 34.5 g/t and 18.2m @
11.5 g/t.
The latest results came as the compa-
ny’s FY2020 85,000m underground dia-
mond drilling programme at the King of the
Hills continued.

Core has produced high-grade lithium hits from drilling in the Northern Territory

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aUSTRaLIa’S PaYDIRT FeBRUaRY 2020 Page 77