Cardinal Resources Ltd (ASX:CDV) has intersected further high-grade shallow gold of up to 11.3 g/t at the Ndongo East deposit within its Namdini Gold Project in Ghana, West Africa.
The company plans to steadily ramp-up exploration after evaluating further drill core and assay results which determine strike and depth extents of the system as well as the structural components of various lithological units.
High-grade intersections include:
- 8.3 metres at 11.3 g/t from 75.7 metres;
- 5.2 metres at 4.5 g/t from 60 metres; and
- 6.3 metres at 2.8 g/t from 58.2 metres.
Cardinal’s tenements comprising the Bolgatanga and Namdini projects.
Cardinal Resources managing director Archie Koimtsidis said the high-grade results had further enhanced the company’s confidence in the Ndongo East gold deposit and how it was evolving.
Koimtsidis, who is also chief financial officer, added: “The Ndongo East discovery is particularly encouraging with the strike length of 450 metres comprising higher grade, shallow gold mineralisation still open along strike and at depth.
“Beyond this initial mineralised zone, a further 750 metres of gold mineralisation has been intersected along strike towards the southwest.
“The Ndongo East prospect lies within a larger target area of about 7 kilometres in length that is yet to be fully explored.
“Planning is underway for a gradient array IP survey and auger soil drilling program which will commence in April to evaluate this larger area which could generate further drill targets.”
Infill auger drilling and geophysical surveys will take place in April over the Ndongo East deposit and its southern extension with the aim of defining the scope and scale of this structurally controlled mineralised shear system.