Modern Mining

Australia’s Cardinal Resources, dual listed on the ASX and TSX, has reported assay results from its drilling programme on the Namdini gold project in Ghana. These include 147 m at 3,1 g/t, 8 m at 1,2 g/t, 173 m at 1,3 g/t and 162 m at 1,5 g/t.

Further results of the continuing drill programme will be released as assay results are obtained, with an updated Mineral Resource Estimate expected towards the end of Q3 2017.

Cardinal’s Chief Executive Officer/Managing Director, Archie Koimtsidis, said: “We are once again very pleased with the return of additional results of our drilling programme that confirms continuity of the mineralisation. These results are very encouraging and are expected to improve the robustness of the Mineral Resource. More results are expected, which should upgrade the current Mineral Resource in both size and category. Cardinal’s drill programme is ongoing with eleven drill rigs on site.”

The Namdini mining licence is located in the Bolgatanga region, 6 km south-east of the operating Shaanxi underground gold mine and 12 km from Cardinal’s Ndongo East Prospect in the far north of Ghana. Extensive mining activities occur all around the Namdini licence, attesting to the gold-bearing potential of this whole area.

The Namdini deposit is hosted along a regional-scale shear zone (Nangodi Shear) which is spatially associated with the nearby Youga and Shaanxi gold mining operations. The gold mineralisation is characterised by disseminated sulphides in sheared Birimian greenstones (metavolcanics intruded by granite and diorite).

Cardinal declared a maiden mineral resource of 4 Moz for the project in November last year and in July this year reported that a large-scale mining licence over an area of approximately 19,54 km2 had been granted. The company is planning to develop a low-cost, large-scale, open-pit operation at Namdini. Metallurgical testwork has confirmed that high gold recoveries are achievable with a simple crush-grind-float-regrind CIL circuit.

Contact Modern Mining

Title: Editor
Name: Arthur Tassell
Email: mining@crown.co.za
Phone: +27 11 622-4770
Fax: +27 11 615-6108

Title: Advertising Manager
Name: Bennie Venter
Email: benniev@crown.co.za
Phone: +27 11 622-4770
Fax: +27 11 615-6108

BANNER 9

 
Full Name*
Invalid Input

Company Name*
Invalid Input

Your Email*
Invalid Input

Phone*
Invalid Input

Postal Address 1*
Invalid Input

Postal Address 2*
Invalid Input

Postal Code*
Invalid Input

Street Address 1
Invalid Input

Street Address 2
Invalid Input

Postal Code
Invalid Input

Town / City*
Invalid Input

Country*
Invalid Input

Magazine

Invalid Input

Invalid Input