Diese Seite verwendet Cookies. Durch die Nutzung unserer Seite erklären Sie sich damit einverstanden, dass wir Cookies setzen. Mehr erfahren
In Ihrem Webbrowser ist JavaScript deaktiviert. Um alle Funktionen dieser Website nutzen zu können, muss JavaScript aktiviert sein.
Suche
 

Cardinal Resources Ltd.: Discovers New 4km Long Gold Auger Soil Anomaly

14.08.2017  |  ABN Newswire
Perth - Cardinal Resources Ltd. (ASX:CDV) (TSE:CDV) ("Cardinal" or "the Company") is pleased to announce the identification of significant auger gold-in-soil anomalies within the Kungongo Prospect ("Kungongo") of the Company's Bolgatanga Project, located in the Upper East Region of Ghana (see Figure 1 in the link below).

Highlights

- Significant auger gold-in-soil anomalies discovered on Cardinal's 100% Kungongo Prospect

o 4.2 km x 300m major auger gold-in-soil anomaly identified with +100ppb gold anomaly along entire strike

o 800m x 250m secondary auger gold-in-soil anomaly identified with +100ppb gold anomaly along entire strike

- RC / DD drill programme planned to evaluate soil anomalies with drilling anticipated to commence by the end of this month

Cardinal's Chief Executive Officer / Managing Director, Archie Koimtsidis said:

"We are delighted to announce a new discovery of auger gold-in-soil anomalies within the Kungongo Prospect located close to our Namdini Project.

"The dimensions of these soil anomalies are several orders of magnitude greater than the average background gold mineralisation values which is extremely encouraging at this very early stage.

"This new discovery provides confidence for Cardinal to expand its exploration activities to other parts of the Bolgatanga Region.

"Drill testing under selected targets is planned to commence during this quarter."

The Kungongo prospect is located in NE Ghana some 25 km SW of Bolgatanga town and 45 km west of Cardinal's Namdini project. The prospect covers an area of 120 sq km.

The extensive regional Bole-Bolgatanga shear zone occurs over a length of 6.5 km across the NW corner of the tenement (see Figure 2 in the link below). The tenement contains Birimian greenstones which extend north east of the tenement boundary. Granitoids occur over a large portion of this tenement.

The Bole - Bolgatanga shear zone is regarded as prospective as it displays a level of structural complexity that would possibly provide structural trap positions for mineralizing fluids. The Kungongo permit straddles the contact between the Bole Greenstone Belt and the granodiorite intrusive for some 6.5 km. Several anomalous gold occurrences have been identified along this contact and some late alkaline intrusives are known to have gold associated with them along their margins.

Various geophysical surveys have been carried out over the Kungongo Prospect by Cardinal. These have been processed and interpreted by Southern Geoscience Consultants (SGC Perth). These included:

1. Airborne magnetic-radiometric survey with interpretation and targets.

2. Gradient Array IP-Resistivity survey with interpretation and targets.

3. Ground magnetic survey.

The initial interpretation assumes the rocks and stratigraphy and/or structure are most likely dipping to the northwest as the resistivity and chargeability patterns tend to suggest this. Cardinal plans to test this with the upcoming drill programme.

The targets within the prospect area have been covered with detailed auger drilling which samples the saprolite horizons below the overburden to delineate areas of gold anomalism that could then be correlated with the geophysical targets to determine follow up priorities.

Drill testing under selected targets is planned to commence during this quarter.

To view tables and figures, please visit:
http://abnnewswire.net/lnk/OZ1RM6UT



About Cardinal Resources Ltd:

Cardinal Resources Ltd. (ASX:CDV) (OTCMKTS:CRDNF) is an African gold-focused exploration and development company which holds interests in tenements within Ghana, West Africa.

The Company’s Namdini Project has a declared 4Moz Maiden Gold Resource which is open. The Company is focused on the development of the Namdini project through a resource expansion drilling programme, prefeasibility studies, detailed metallurgical test work and process flowsheet studies. Exploration activity is also underway on the Company’s Bolgatanga and Subranum Projects.



Contact:

Archie Koimtsidis CEO / MD
Cardinal Resources Ltd.
P: +61-8-6558-0573

Alec Rowlands IR / Corp Dev
Cardinal Resources Ltd.
P: +1-647-256-1922

Bewerten 
A A A
PDF Versenden Drucken

Für den Inhalt des Beitrages ist allein der Autor verantwortlich bzw. die aufgeführte Quelle. Bild- oder Filmrechte liegen beim Autor/Quelle bzw. bei der vom ihm benannten Quelle. Bei Übersetzungen können Fehler nicht ausgeschlossen werden. Der vertretene Standpunkt eines Autors spiegelt generell nicht die Meinung des Webseiten-Betreibers wieder. Mittels der Veröffentlichung will dieser lediglich ein pluralistisches Meinungsbild darstellen. Direkte oder indirekte Aussagen in einem Beitrag stellen keinerlei Aufforderung zum Kauf-/Verkauf von Wertpapieren dar. Wir wehren uns gegen jede Form von Hass, Diskriminierung und Verletzung der Menschenwürde. Beachten Sie bitte auch unsere AGB/Disclaimer!



Minenprofile
"Wir weisen Sie ausdrücklich auf unser virtuelles Hausrecht hin!"
In Ausübung dieses Rechtes wird allen Behörden, insbesondere Ämtern, juristischen Personen öffentlichen Rechts,
in dieser Weise beliehenen Personen und Anstalten öffentlichen Rechts der Zutritt zu unseren Netzseiten verboten!"

Alle Angaben ohne Gewähr! Copyright © by GoldSeiten.de 1999-2017.
Die Reproduktion, Modifikation oder Verwendung der Inhalte ganz oder teilweise ohne schriftliche Genehmigung ist untersagt!