For thousands of other reports visit RSC's Mineral Intellingence Map
Cardero Resource Corp.
Summary
| Project: | Zonia | |
|---|---|---|
| Deposit: | Zonia | |
| Location: | United States | |
| Commodities: | Copper-Gold-Silver | |
| Date: | 6/14/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing PEA | |
| Report details: | 14-6-2016: Cardero Resource Corp. announces an Exploration/Drilling Update report for its Zonia deposit at the Zonia project. Assaying for gold in the near-surface oxide zone returns grades up to 0.601g/t Au. Vancouver, British Columbia…Cardero Resource C | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: John Drobe (Internal) | |
| ABSTRACT: | Vancouver, British Columbia…Cardero Resource Corp. (“Cardero” or the “Company”) (TSX: CDU, Frankfurt: CR5) reports that it has confirmed the presence of gold in the upper oxide zone at the Zonia Copper Project, Arizona, USA (“Zonia” or the “Project”). All samples returned significant gold grades ranging from 0.031 g/t gold to 0.601 g/t gold (average 0.152 g/t gold). Previously (NR16-02) the company assayed 11 drill samples from the underlying sulphide mineralization at the Project, which indicated gold and silver are associated with copper mineralization. The current 32 oxide samples indicate that gold is also present in significant amounts in the near-surface oxide zone. This opens up the possibility of vat leaching the oxide resource and recovering both copper and gold. “The near-surface copper-oxide resource at Zonia is the primary development focus, and the presence of a potentially significant gold bonus to the copper mineralization opens up processing possibilities that could add value to the project economics.” stated Henk van Alphen, Cardero’s President & CEO, “Zonia is a quality copper-gold asset where Cardero has added value over the past 6 months: publishing a maiden NI43-101 resource, discovering gold in the underlying sulphides, and now defining gold mineralization in the near-surface oxide zone.” | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report