https://www.engineeringnews.co.za

Cardero announces maiden resource for Ghana iron-ore project

11th January 2013

By: Henry Lazenby

Creamer Media Deputy Editor: North America

  

Font size: - +

TORONTO (miningweekly.com) – Diversified miner Cardero Resource Corp on Friday announced a maiden resource for its Sheini Hills iron project in north-east Ghana, estimating the project to contain 1.3-billion tons of ore grading 33.8% iron.

The Canadian National Instrument 43-101-compliant resource estimate, calculated by consulting engineers SRK Consulting, included average grades of 6% aluminium oxide, 37.3% silicon dioxide and 0.27% phosphorus at a 15% cut-off grade, all of which fall within the Whittle optimisation pit with a global strip ratio of 0.93.

Iron mineralisation at Sheini occurs as primary ironstone in banded and granular types with local hardcap development and as detrital iron deposits, located on plains, next to the ironstone deposits.

The company said Phase I drilling defined an inferred mineral resource over a strike length of about 9 km. Airborne geophysical surveys carried out during 2012 defined anomalies over an additional strike length of about 24 km and these anomalies were confirmed with iron mineralisation by reconnaissance mapping. Drill targets over this trend will require about 18 000 m of diamond drilling to be tested.

Edited by Creamer Media Reporter

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Sika South Africa
Sika South Africa

Sika South Africa is a trusted partner for the nation’s infrastructure, commercial, residential, and industrial sectors.

VISIT SHOWROOM 
Werner South Africa Pumps & Equipment (PTY) LTD
Werner South Africa Pumps & Equipment (PTY) LTD

For over 30 years, Werner South Africa Pumps & Equipment (PTY) LTD has been designing, manufacturing, supplying and maintaining specialist...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







301

sq:0.048 1.042s - 140pq - 2rq
Subscribe Now