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Cardinal Resources Ltd.
Summary
| Project: | Namdini | |
|---|---|---|
| Deposit: | Namdini | |
| Location: | Ghana | |
| Commodities: | Gold | |
| Date: | 6/17/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 17-6-2016: Cardinal Resources Ltd. announces an Exploration/Drilling Update report for its Namdini deposit at the Namdini project. Drilling results incl. 98m @ 1.31g/t Au from 0m. Cardinal Resources Limited (ASX: CDV) (“Cardinal” or “the Company”) is plea | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Paul Abbott (Internal) | |
| ABSTRACT: | Cardinal Resources Limited (ASX: CDV) (“Cardinal” or “the Company”) is pleased to report the results of a further two diamond drill holes, NMDD393‐725 and NMDD391‐745, recently completed on the Namdini Project (“Namdini”), Ghana (Figure 1). The potential of the Namdini Project to host a world‐class gold project continues to be confirmed by the intersection of long mineralised zones, including 98m @ 1.31 g/t Au and 49m @ 1.39 g/t Au, as well as a high grade gold zone of 9m @ 4.44 g/t Au within diamond drill hole NMDD391‐745. Infill diamond drill holes NMDD393‐725 and NMDD391‐745 have enabled Section F to be compiled, with a 190m wide gold mineralised zone (Figure 2). This mineralised section confirms the continuation of wide gold mineralisation both at depth and along strike within the Namdini Project. The volcaniclastics intersected in both diamond drill holes are mineralised throughout which confirm that gold mineralisation is consistently being intersected along strike and at depth. Infill diamond drilling is being completed on 50m spacings, between previous 100m spaced diamond drill sections, to confirm and enhance the gold mineralisation previously intersected within the volcaniclastics, granitoids and diorites. | |
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