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Cardinal Resources Ltd.
Summary
| Project: | Namdini | |
|---|---|---|
| Deposit: | Ndongo | |
| Location: | Ghana | |
| Commodities: | Gold | |
| Date: | 8/29/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 29-8-2018: Cardinal Resources Ltd. announces an Exploration/Drilling Update report for its Ndongo deposit at the Namdini project. Drilling results incl. 6m @ 12.6g/t Au from 2m. Cardinal Resources Limited (ASX/TSX: CDV) (“Cardinal” or “the Company”) is pl | |
| Resources: | (Resource): 180Mt @ 1.1g/t Au (Ind.) and 13Mt @ 1.2g/t Au (Inf.) at project | |
| CP/QP: | [Overall Report]: Paul Abbott (Internal) | |
| ABSTRACT: | Cardinal Resources Limited (ASX/TSX: CDV) (“Cardinal” or “the Company”) is pleased to announce further shallow gold intersections to the exploration drill results previously announced on 16 July 2018 from its new Ndongo East discovery on the Ndongo License. The Ndongo East prospect is located approximately 20km north of the Company’s Namdini Gold Project which has a 6.5Moz Indicated Mineral Resource Cardinal’s Chief Executive Officer / Managing Director, Archie Koimtsidis stated: “These latest shallow, significant gold intersections have provided a possible threefold extension to the original 400m strike length discovery zone to 1.2km in length. “The Ndongo East prospect lies within a larger target area of approximately 7km in strike length which has yet to be RC drill tested. “We are increasingly encouraged at how Ndongo East is evolving with the potential to add high‐grade gold ounces to our 6.5Moz Namdini Gold Project located only 20km to the south and we expect the recommencement of the drilling as soon as possible after the wet season ends during October‐November 2018”. | |
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