INCREASED POTENTIAL Cardinal Resources has confirmed further down dip gold extensions at its Namdini project, in Ghana
ASX-listed gold producer Cardinal Resources last month announced that further down-dip gold extensions had been confirmed at its Namdini mining project, in Ghana, increasing the project’s gold bearing potential.
Down-dip extensions were confirmed at 13 m, at 1.158 g/t from 53 m vertical depth, at 10 m at 1.80 g/t from 116 m vertical depth, and at 9 m, at 3.23 g/t from 81 m vertical depth.
“Several mineralised gold intersections within drill hole NMRC353-731 confirm an 80 m down-dip continuation of gold mineralisation from this drill hole to NMRC349-754. Within drill hole NMRC353-731, an intersection of 2 m from surface confirms the continuation of shallow gold mineralisation in Zone 5, and a 7 m intersection at 32 m vertical depth also confirms the continuation of Zone 4 down-dip.
“Drill hole NMRC349-754 located a 13-m-wide zone of gold mineralisation within Zone 2,” Cardinal MD Archie Koimtsidis says, adding that these encouraging results provide additional information that will guide the next stage of the drill plan to test for further strike and depth extensions, which are expected to expand the project’s gold potential.
He adds the company has sent 163 samples to an SGS laboratory in Ouagadougou, in Burkina Faso, for testing.
Koimtsidis adds that Cardinal is the owner and operator of its own drill rig and has established an express assaying service, enabling the company to continuously improve its drill plan strategy as new information becomes available.
He adds that the company will continue to drill selective holes, submit the samples for testing and be on standby as results are received; He adds: “Once the results have been assessed, Cardinal can plan further drill holes to maximise expansion of the gold potential at Namdini.”