ASX-listed Cardinal Resources has intersected a further high grade gold intersection approximately 25m down dip from the 43m at 2.23g/t gold from 87m vertical intersection at the Namdini Mining Licence located within Cardinal’s Bolgatanga Project in Ghana.
The intersection is located approximately 25m down dip from the 43m gold intersection which confirmed that the Zones 1 and 2 are amalgamated. This down dip intersection strengthens that assertion and indicates that the amalgamated zones continue to produce promising grades and intersection lengths down dip.
Commenting on these results from Ghana, Cardinal Resources Managing Director Archie Koimtsidis said: “This very encouraging result provides additional information that will guide the next stage of the drill plan. The drill rig will be repositioned north along strike to test for strike extensions of the three gold zones which are anticipated to further expand the gold potential at Namdini.”
The results of a further 195 samples, recently submitted to the SGS laboratory in Ouagadougou, Burkina Faso are expected over the next week. These results will be reported to the market as they become available.
Further RC drilling planned at Namdini
Owning the drill rig and having an express service with the assay results, enables Cardinal to improve the drill plan strategy as results become available. The Company will continue drilling selective holes, submitting samples and be on standby as results are received. Once the results have been assessed, Cardinal can plan further drill holes to maximise expansion of the gold potential at Namdini.
“We have recommenced operating two shifts daily to meet the balance of approximately 1,900 metres of the planned drill target of a further 3,000 metres announced on 28 November 2014,” Managing director Archie Koimtsidis said.
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