CDV 0.00% $1.08 cardinal resources limited

Kungongo.....another potential elephant, page-3

  1. 3,304 Posts.
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    I think you could be onto something there John..

    "AK believes the Kungongo prospect, west of Namdini, could be the first cab off the rank in terms of fresh drilling.. “We’ve completed some geo- physical work and the preliminary data is quite exciting,” he said.

    “We’ve identified potential gold- bearing targets over a distance of 6km. It’s huge, but it’s also great challenge to have.”

    An airborne geophysical survey over Kungongo delineated two target areas, and the recent Gradient Array Induced Polarisation and ground geophysical surveys delineated the targets along the 6km zone.

    After Kungongo, Koimtsidis said Ndongo could be the second area for regional exploration, while Bongo needed further work on developing drill targets and it was also a matter of getting south to Subranum to better evaluate the previously discovered gold mineralisation in its 5km strike length.

    AK is confident about Kungongo’s prospectivity, playing down the certainty of Namdini being Cardinal’s company-making project. “Let’s see what Kungongo brings in over the next three to six months,” he said. “Namdini definitely has to be tested along strike but Kungongo may surprise us all because of its sheer size.”


    (SOURCE ; MJ July 2016)
 
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