Cardinal hits 51m gold intersection at Namdini

THE DRILL SERGEANT: Cardinal Resources (ASX: CDV) has encountered a further high-grade gold intersection at the Namdini Mining Licence, located within the company’s Bolgatanga project in Ghana.

Cardinal recorded the 51 metres at 3.58 grams per tonne gold from 85m vertical intersection approximately 25m north along strike from a 43m gold intersection the company announced in November 2014.

“This 51 metre wide gold intersection is the widest zone located since drilling started at Namdini,” Cardinal Resources managing director Archie Koimtsidis said in the company’s announcement to the Australian Securities Exchange.

“Additionally we are greatly encouraged that this intersection also has high gold grades and is located approximately 25 metres north along strike from the recently announced 43 metre gold intersection.

“This confirms the northern extension along strike of the amalgamated Zones 1 and 2, which continues to produce promising grades and intersection lengths.”

 

Namdini plan view of drill hole collars and projected gold zones. Source: Company announcement

 

“This very encouraging result provides additional information that will guide the next stage of the drill plan to test for further strike and depth extensions of the three gold zones which are anticipated to expand the gold potential at Namdini.

“We have drilled a further approximately 900 metres and the samples will be sent to the SGS laboratory in Ouagadougou, Burkina Faso this week.”

Website: www.cardinalresources.com.au