Namdini Infill Drilling Intersects 147m at 3.1g/t
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."
INFILL DRILLING PROGRAMME RESULTS
Section F Highlights:
- 147m at 3.1 g/t Au
- 53m at 2.6 g/t Au
- 20m at 4.2 g/t Au
- 13m at 3.8 g/t Au
- 87m at 1.1 g/t Au
- 14m at 1.1 g/t Au
- 12m at 1.0 g/t Au
- 15m at 1.0 g/t Au
Section G Highlights:
- 173m at 1.3 g/t Au
- 26m at 1.2 g/t Au
- 10m at 1.4 g/t Au
- 41m at 2.2 g/t Au
- 162m at 1.5 g/t Au
- 48m at 1.9 g/t Au
- 47m at 1.7 g/t Au
- 14m at 1.0 g/t Au
*Note: Length Weighted Average Grade (LWAG): Calculations are based on 3m minimum width, 3m maximum contiguous waste and 0.5 g/t Au cut-off.
Please refer to www.sedar.com for Cardinal's prospectus and N143-101 reports.
Meta Data for the significant intercepts are tabulated below in Table 1 to Table 3 in link below.
To view tables and figures, please visit:
About Cardinal Resources Ltd
The Company’s Namdini Project has a declared Indicated Mineral Resource of 120 Mt @ 1.1 g/t for 4.3 Moz Au and an Inferred Mineral Resource of 84 Mt @ 1.2 g/t for 3.1 Moz (refer to Cardinal “Technical Report on Namdini” dated 11 September 2017). The Company is focused on the development of the Namdini Project through a resource expansion drilling programme and continues to advance the PEA / Scoping Study which is now due for release in Q1 2018. In parallel, a pre-feasibility study is progressing supported by additional multi-disciplinary engineering activities. Exploration activity is also underway on its large portfolio of regional exploration Licenses.
For more information on the Company, Investors should review the Company’s filings that are available at http://www.sedar.com
Cardinal Resources Ltd