Cardinal Resources Ltd.: NMDD062 Intersects Mineralisation Down-Dip
21.02.2017 | ABN Newswire
Perth - Cardinal Resources Ltd. (ASX:CDV) (OTCMKTS:CRDNF) ("Cardinal" or "the Company") is pleased to report drill assay results for hole NMDD062, which is a west step-out down-dip extension drill hole.HIGHLIGHTS
- NMDD062 has intersected the Namdini mineralised corridor down dip, within which the following highlighted intersections have been returned:
o 25m at 2.16g/t
o 30m at 4.27g/t
o 37m at 2.88 g/t
- A total of 150m of mineralised intersections, at a 0.5g/t cut off and a weighted average grade of 2.3g/t have been returned in NMDD062.
Cardinal's CEO, Archie Koimtsidis said:
"Drill hole NMDD062 continues to confirm that the mineralised corridor at Namdini extends to depth. With four diamond drill rigs currently active at Namdini we are looking forward to further drill results as we continue to define the depth and strike extensions of the project."
Resource Extension Drilling Programme
Figure 1 (see the link below) shows the location of planned drilling for the four drill rigs on site at Namdini which are currently focused on continuing the western extension, down-dip drilling and the southern strike extension programmes.
Figure 2 (see the link below) shows NMDD062 and its mineralised intersections along with highlighted intersections in other drill holes which demonstrate that the Namdini mineralised corridor continues to depth. Additional drilling is planned to explore for further mineralisation along strike and at depth.
Drill hole intersections in NMDD062 are based on a reporting rule of a minimum 3 metres down hole mineralised length, a maximum of 3 metres contiguous 'sub-grade' and a lower cutoff grade of 0.5 g/t Au (refer to Cardinal website for detailed assay results http://www.cardinalresources.com.au).
To view tables and figures, please visit:
http://abnnewswire.net/lnk/8L7Q3818
About Cardinal Resources Ltd:
Cardinal Resources Ltd. (ASX:CDV) (OTCMKTS:CRDNF) is a focused gold exploration and development company with its key assets located in the mineral-rich country of Ghana, West Africa. Cardinal owns and operates 2 drill rigs and has in country infrastructure which allows it to be a low cost exploration and development company. Cardinal has its operational base located within close proximity to the Bolgatanga Project in North East Ghana and has its corporate office located in Perth, Western Australia.
Contact:
Archie Koimtsidis Managing Director
Cardinal Resources Ltd.
P: +233-26-190-5220
Skype: cardinal.archie