Cardero Resource Corp. (TSX:CDU,NYSE:CDY) announced receipt of additional high-grade drill results from the Sheini Hills iron project in Ghana.
As quoted in the press release:
All results are from diamond drilling of ironstone ridges.
Highlights include Hole 055, which returned 89.7 metres grading 46.2% iron and Hole 45, which intersected 63 metres grading 42.6% iron. The latter results are on the same section as the previously reported results from Hole 039, which returned 278 metres grading 43.2% iron from surface.