Oklo Uranium

Published : October 15th, 2007

Independent Geophysical Report Validates Significant Uranium Targets

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OKLO URANIUM: ASX RELEASE

 

Independent Geophysical Report Validates Significant Uranium Targets at
Oklo’s Narnoo Uranium Project, Western Australia

Highlights:

Southern Geoscience Consultants (SGC) processing and interpretation of Narnoo radiometric and aeromagnetic data has confirmed the exploration significance of three major anomalies, Lightfoot, Lightfoot South and Lake Minigwal South;

The SGC report also identifies several additional targets within the Narnoo Project area;

The Lightfoot South and Lightfoot anomalies bear technical comparison with other “Playa Lake” style uranium deposits such as Hinkler’s Well and Centipede (Lake Way) and the Lake Raeside and Lake Maitland uranium prospects;

Oklo is currently satisfying all statutory requirements ahead of undertaking an extensive drilling programme scheduled to commence early in 2008.

This independent interpretation of the survey data has further strengthened Oklo’s confidence that the Narnoo property is highly prospective for significant uranium deposits.

Australian based uranium company Oklo Uranium Limited (“Oklo” ASX: OKU) advises that following a review of radiometric data by independent consultants Southern Geoscience Consultants (SGC), the exploration significance of three major uranium targets has been confirmed. In addition, the analysis by SGC has uncovered a number of additional uranium targets within its Narnoo Project in Western Australia.

The data used for the study was from Oklo’s proprietary magnetics-radiometrics-digital terrain survey, which was conducted in June 2007. Following the completion of the survey, three large uranium targets were identified from the initial in-house analysis and announced to the market in July 2007.

From the SGC interpretation of the data, these anomalies have been prioritized and substantiated as genuine targets. Additional highly prospective anomalies in the area have also been identified by SGC.

More details on the interpretation of the report are available in the attached ASX announcement which was lodged by the company today.
Download the full ASX Announcement by clicking here.



 

 

 


This email was sent by Cale Ginbey, PPR (WA) Pty Ltd, Level 1, 588 Hay Street, Subiaco WA 6008 Western Australia

Oklo Uranium

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Oklo Uranium is a uranium exploration company based in Australia.

Oklo Uranium holds various exploration projects in Namibia.

Its main exploration properties are KIDAL in Mali, BARAKKA and ELMEKI in Niger, HARTS RANGE AREA, BURKE RIVER, NORTH YILGARN and WEST TANAMI in Australia and HOASIB in Namibia.

Oklo Uranium is listed in Australia. Its market capitalisation is AU$ 36.2 millions as of today (US$ 26.1 millions, € 26.2 millions).

Its stock quote reached its highest recent level on October 22, 2010 at AU$ 1.50, and its lowest recent point on June 06, 2014 at AU$ 0.02.

Oklo Uranium has 241 330 000 shares outstanding.

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Corporate news of Oklo Uranium
7/28/2016Quarterly Activities Report - June 2016
7/28/2016Quarterly Cashflow Report - June 2016
6/30/2016Employee Option Plan
6/30/2016Appendix 3B
6/30/2016Notice of General Meeting / Proxy Form
6/21/2016Key Management Personnel Contract Renewals
6/21/2016Results of General Meeting
6/21/2016Appendix 3B and Cleansing Statement
6/21/2016Drilling Update Diabarou
5/29/2016Investor Presentation
5/29/2016Appendix 3B and Cleansing Statement
5/19/2016Drilling Underway at Dandoko
5/15/2016Appendix 3B and Cleansing Statement
5/15/2016Notice under Listing Rule 3.10.5A
5/15/2016Notice of General Meeting / Proxy Form
5/9/2016Oversubscribed $10 Million Placement
4/29/2016Quarterly Activities Report - March 2016
4/29/2016Quarterly Cashflow Report
4/28/2016Results of General Meeting
1/28/2016New Assay Results Return 29 Metres at 10.42 g/t Gold
1/28/2016Quarterly Activities Report - December 2015
1/28/2016Appendix 3B and Cleansing Statement
1/28/2016Dandoko RC Drilling Results
12/23/2015Appendix 3B and Cleansing Statement
11/30/2015Results of Annual General Meeting
11/30/2015Drilling Commences at Dandoko
10/29/2015Notice of Annual General Meeting / Proxy Form
10/29/2015Quarterly Activities/Cashflow Report
10/22/2015Appendix 3B and Cleansing Notice
10/22/2015Notice under Listing Rule 3.10.5A
10/21/2015Placement Increased by $0.5 million
10/19/2015Updated Research Coverage
10/15/2015Appendix 3X - Initial Director's Interest Notice
10/14/2015Oversubscribed Placement and Director Appointment
9/30/2015Corporate Governance Statement
9/30/2015Annual Report to Shareholders
9/30/2015Appendix 4G
8/20/2015Aircore Drilling Results at Yanfolila
7/29/2015High Grade Gold from Diabarou
7/27/2015Quarterly Activities/Cashflow Report
7/21/2015Drilling commenced at Yanfolila
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4/21/2015Quarterly Activities/Cashflow Report
4/16/2015Notice of General Meeting / Proxy Form
4/13/2015Change in Substantial Holding
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3/30/2015Appendix 3B and Cleansing Notice
3/23/2015Investor Presentation
3/23/2015Cleansing Notice
3/18/2015Allotment of Shares and Appendix 3B
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3/9/2015Trading Halt
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9/13/2007CONTINUES TO EXPAND ITS INTERESTS IN NIGER AND PROVIDES UPDA...
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