Posted in | News | Nickel

Cardero Resource Reports Final High-Grade Results from Sheini Hills Iron Project

Cardero Resource has obtained the last batch of high-grade results from the phase I program carried out at the Sheini Hills iron project, located in Northeast Ghana. The company completed the phase I drilling during August 2012 and has received the complete results.

DRILL SECTION 1014950N

The company intersected 50.81% iron over 16.00 m and 48.50% iron over 51.60 m in hole 063 and 47.38% iron over 48.00 m in hole 064. Four cross-sections, namely 1012800N, 1013050N, 101440N and 1014950N, out of seven have weighted average iron that ranges from 41.1% to 43.92%, which reflect the high-grade results obtained from the drill region’s northern part.

According to Cardero's CEO and President, Michael Hunter, the company is happy to complete a successful phase I drilling and exploration campaign at the Sheini iron project. The discovery and acquisition of the project added a high-quality second asset to the company’s portfolio.

The drilling campaign specifically targeted a core zone that is 9 km long with outcropping ironstone-haematite ridges together with marginal surface ferricretes. The company has drilled 67 diamond holes and the results have been received from all the holes. It sent 58 diamond drill holes for assaying and drilled 9 holes for metallurgical testing and geological analysis.

Regional work has discovered further 24 km of prospective ironstone deposit areas that will be drill-tested during phase II program. This work includes aerial geophysical surveys, satellite analysis, mapping and verification.

With respect to NI 43-101, a maiden resource calculation report has been retained by SRK Consulting, which expects to complete and distribute the report in the fourth quarter of 2012.

Source: http://www.cardero.com/

Joel Scanlon

Written by

Joel Scanlon

Joel relocated to Australia in 1995 from the United Kingdom and spent five years working in the mining industry as an exploration geotechnician. His role involved utilizing GIS mapping and CAD software. Upon transitioning to the North Coast of NSW, Australia, Joel embarked on a career as a graphic designer at a well-known consultancy firm. Subsequently, he established a successful web services business catering to companies across the eastern seaboard of Australia. It was during this time that he conceived and launched News-Medical.Net. Joel has been an integral part of AZoNetwork since its inception in 2000. Joel possesses a keen interest in exploring the boundaries of technology, comprehending its potential impact on society, and actively engaging with AI-driven solutions and advancements.

Citations

Please use one of the following formats to cite this article in your essay, paper or report:

  • APA

    Cardero Resource Corp.. (2019, February 18). Cardero Resource Reports Final High-Grade Results from Sheini Hills Iron Project. AZoMining. Retrieved on February 22, 2024 from https://www.azomining.com/News.aspx?newsID=7201.

  • MLA

    Cardero Resource Corp.. "Cardero Resource Reports Final High-Grade Results from Sheini Hills Iron Project". AZoMining. 22 February 2024. <https://www.azomining.com/News.aspx?newsID=7201>.

  • Chicago

    Cardero Resource Corp.. "Cardero Resource Reports Final High-Grade Results from Sheini Hills Iron Project". AZoMining. https://www.azomining.com/News.aspx?newsID=7201. (accessed February 22, 2024).

  • Harvard

    Cardero Resource Corp.. 2019. Cardero Resource Reports Final High-Grade Results from Sheini Hills Iron Project. AZoMining, viewed 22 February 2024, https://www.azomining.com/News.aspx?newsID=7201.

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Your comment type
Submit
Azthena logo

AZoM.com powered by Azthena AI

Your AI Assistant finding answers from trusted AZoM content

Azthena logo with the word Azthena

Your AI Powered Scientific Assistant

Hi, I'm Azthena, you can trust me to find commercial scientific answers from AZoNetwork.com.

A few things you need to know before we start. Please read and accept to continue.

  • Use of “Azthena” is subject to the terms and conditions of use as set out by OpenAI.
  • Content provided on any AZoNetwork sites are subject to the site Terms & Conditions and Privacy Policy.
  • Large Language Models can make mistakes. Consider checking important information.

Great. Ask your question.

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.