HomeGoldGold hits continue at Cardinal Resources' Namdini

Gold hits continue at Cardinal Resources’ Namdini

Ghana – Cardinal Resources, the ASX-listed gold explorer, has revealed that further wide gold intersections continue down dip from previous drilling at its Namdini mining licence, located within its Bolgatanga project in Ghana.

HIGHLIGHTS

Wide intersections continue down dip from previous drilling:

  • 23m @ 1.40 g/t from 82m vertical depth
  • 13m @ 2.21 g/t from 30m vertical depth
  • 11m @ 1.22 g/t from 24m vertical depth
  • Further RC drill holes are planned to expand the gold potential at Namdini

Cardinal Resources
The location of Cardinal Resources’ projects in Ghana

Commenting on the results from Ghana, Cardinal Resources MD Archie Koimtsidis says: “An encouraging wide, shallow intersection of 11 m was found in drill hole NMRC376-752 within Zone 1. Unfortunately, this drill hole was terminated due to caving before Zone 2 could be tested.

“Drill hole NMRC376-748 was collared 20 m west of drill hole NMRC376-752 and intersected 13 m of gold mineralisation 15 m down dip within Zone 1, confirming the down dip continuation of gold mineralisation.

“Also encouraging was a further wide gold intersection of 23m located in drill hole NMRC376-748 within Zone 2. Unfortunately, this drill hole was terminated due to caving before Zone 3 could be tested.

“The results from these two drill holes confirm the continuation of mineralisation along strike to the north, which will guide more drilling to test for further depth extensions that are anticipated to expand the gold potential at Namdini.

“We have 206 samples which will be sent to the SGS laboratory in Ouagadougou, Burkina Faso this week. These results will be reported to the market as they become available.”

Further drilling planned at Namdini

Cardinal is the owner and operator of its own drill rig and has established an express assaying service with its drilling results, enabling the company to continuously improve its drill plan strategy as new information becomes available.

The company will continue drilling selective holes, submitting the 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.

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