Strike Extension Ground Geophysics Begins at Namdini
Perth, April 13, 2016 AEST (ABN Newswire) - Cardinal Resources Limited (
ASX:CDV) announces that Southern Geoscience Consultants (SGC) Perth were contracted to design and carry out ground geophysical surveys over the Namdini Project and the Kungongo Tenement within the Bolgatanga area.
Highlights:
- Namdini Surveys designed to gain direct targeting information to locate further gold mineralisation along strike
-- 24 sq km survey area around Namdini discovery site (Figure 1, see link below)
- Kungongo Surveys designed to generate drill targets over prospective Bole-Bolgatanga Shear Zone
-- 14 sq km survey area over NE-SW regional shear zone (Figure 2, see link below)
- Southern Geoscience Consultants (SGC), of Perth Western Australia, contracted to oversee ground geophysical surveys over Namdini and Kungongo
Southern Geoscience Consultants
- SGC designed Gradient Array Induced Polarisation (GAIP) and Ground Magnetic (GMAG) surveys over both the Namdini Project and Kungongo Tenement areas
- SGC will do Quality Control, processing and interpretation of all GAIP and GMAG data
- SGC awarded ground geophysical contract to Terratec Geophysical Services (TGS), of Heitersheim, Germany
- TGS have mobilised and started GAIP surveys over Namdini
Ground Geophysical Surveys
GAIP surveys will provide indications of conductive graphitic horizons (often shear zones), chargeable disseminated sulphide accumulations (as seen at Namdini), and conductive or resistive alteration zones.
GMAG surveys will provide structural and lithological information to help define new targets as well as to advance the understanding of the geology for existing mineralisation.
Namdini Project
The ground geophysical surveys will cover an enlarged area of approximately 24 sq kms around the gold mineralised Namdini discovery site to provide geological and structural information which should generate more drill targets to extend the gold potential of the Namdini Project (Figure 1).
Kungongo Tenement
The ground geophysical surveys will cover an area of approximately 14 sq kms over the portion of the NE-SW regional Bole-Bolgatanga Fault (Shear) Zone located within the NW part of this tenement. These surveys are intended to provide geological and structural information to generate drill targets over this prospective shear zone (Figure 2).
To view tables and figures, please visit:
http://abnnewswire.net/lnk/MLGQQ2EB
About Cardinal Resources Ltd
Cardinal Resources Ltd (ASX:CDV) (TSE:CDV) (OTCMKTS:CRDNF) is a West African gold exploration and development Company that holds interests in tenements within Ghana, West Africa.
The Company is focused on the development of the Namdini Project with a gold Ore Reserve of 5.1Moz (0.4 Moz Proved and 4.7 Moz Probable) and a soon to be completed Feasibility Study.
Exploration programmes are also underway at the Company's Bolgatanga (Northern Ghana) and Subranum (Southern Ghana) Projects.
Cardinal confirms that it is not aware of any new information or data that materially affects the information included in its announcement of the Ore Reserve of 3 April 2019. All material assumptions and technical parameters underpinning this estimate continue to apply and have not materially changed.
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