Cardinal Resources Ltd (ASX:CDV) has encountered up to 59.2 g/t gold at a new discovery in Ghana, naming the debutante prospect Ndongo East.
The Ndongo East target is found on its wholly-owned Ndongo licence and returned a number of significant gold intercepts, including a 9-metre drilled intersection grading 23.3 g/t gold from 60 metres.
Within this was a 3-metre intersection which graded 59.2 g/t.
The project is 15 kilometres north of Cardinal’s flagship Namdini Gold Project.
Economic potential
The company said that discoveries at Ndongo East “further highlight the potential for discovery of economic gold mineralisation within the Ndongo licence”.
Additional reverse circulation (RC) results are 9 metres at 2.4 g/t from 43 metres; 7 metres at 4.4 g/t from 14 metres; and 6 metres at 2 g/t from 11 metres.
Rock chips from Ndongo East also graded 13.7 g/t and 3.5 g/t while a third rock chip from a prospect dubbed Dusi graded 1.6 g/t.
A second target
Ndongo East is the second target to show prospectivity at Ndongo licence, which is in Ghana’s north, near the border with Burkina Faso.
The first is Zupeliga South, 10 kilometres southwest of Ndongo East.
READ: Cardinal Resources continues to make progress at Namdini Gold Project
Cardinal managing director and CEO Archie Koimtsidis said: “We are very encouraged with the first-pass shallow RC drilling results from Ndongo East which tested approximately 400-metre strike length of coincident gold-in-soil anomalies and geophysical targets.
“The objective of this first-pass program covering the Ndongo licence is to discover shallow higher grade gold mineralisation that could be mined in satellite pits and hauled to Namdini for processing.
The prospect is part of a larger target area with a 9-kilometre strike length.