Cardinal Resources Limited - Diamond Drilling Update
21.12.2015 | ABN Newswire
Perth, Dec 21, 2015 - Cardinal Resources Limited (ASX:CDV) ("Cardinal" or "the Company") announces that samples from diamond drill hole NMDD481-759 (Figure 1, see link below) have been submitted to the SGS Laboratory, Burkina Faso for fire assaying.Highlights:
- Samples submitted from diamond drill hole are visually similar to the intercept of 83m @ 1.41 g/t in the RC drill hole located 100m to the north east (490-782)
- Core comprises hydrothermally altered volcaniclastics with disemminated pyrite and granitoids
- Depth extension to be tested along strike
Results are expected early to mid January 2016 when SGS resumes work after their annual holiday break.
Monitoring of Drilling Programs
Cardinal's technical and management team evaluates all of the available data on a daily basis with the main focus being the expansion of the gold potential.
Cardinal is the owner and operator of its own drill rig and has established an express assaying service with its drilling results, enabling the Company to continuously improve its drill plan strategy as new information becomes available.
The Company will continue drilling selective holes, submitting the samples and be on standby as results are received. Once the results have been assessed, Cardinal can plan further drill holes to maximise expansion of the gold inventory within the Namdini Project.
To view the release including Figures, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-CDV-747244.pdf
About Cardinal Resources Ltd
Cardinal Resources Ltd (ASX:CDV) 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.
Contact
Archie Koimtsidis, Managing Director
Cardinal Resources Limited
P: +233 (0)26 190 5220
Skype: cardinal.archie
Cardinal Resources Ltd
T: +61 8 9322 6600
E: info@cardinalresources.com.au
www.cardinalresources.com.au