Ghana – Cardinal Resources, the ASX-listed gold explorer, has revealed its plans to expand its drill programme to the north of its Namdini mining licence, located within its Bolgatanga project in Ghana – testing at least three times more strike length than previously drilled.
- New drill program will test at least three times more strike length than previously drilled
- 32 RC drill holes planned at 50 m x 50 m spacing
- RC drill program up to 6 000 m
- 12 diamond drill holes for QA/QC verification RC drilling
- Diamond drilling core program up to 2 000 m
- Phase 1 to determine extensions to the current mineralisation
- Phase 2 to evaluate the monzonite granitoid quartz stockworks
Commenting on the extension of its drill programme, Cardinal Resources MD Archie Koimtsidis says: “The very encouraging results from the Namdini drill program have provided valuable information for the assessment of the gold potential along strike. The assessment of this entire drill program has greatly assisted in identifying the mineralised trend around Namdini so that the exploration areas could be expanded.
“We are optimistic that these new drill programs will intersect more gold mineralisation north along strike from Namdini which will increase the gold potential of the enlarged Namdini area.
“Cardinal has divided up the drill program into two phases. Phase 1 will test the Namdini strike extensions to the north within the Birimian volcaniclastics and Phase 2 will evaluate the monzonite granitoid quartz stockworks where there are shallow artisanal workings.
“Subject to the information received during the drilling program, we have the flexibility to reposition the drill between Phase 1 and Phase 2.
“Site preparation has begun and we anticipate RC drilling to start within two weeks.”
Monitoring of drilling programs
Cardinal’s technical and management team evaluates all of the available data on a daily basis with the main focus being the expansion of the gold potential for the expanded licence areas.
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 within the expanded areas around Namdini.
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