Cardero Resource Corp. (NYSE:CDY,TSX:CDU) announced initial reverse circulation drill results from the Sheini Hills iron project in Ghana.

As quoted in the press release:

In addition to the drilling of haematite ironstones, surface Ferricrete/Detrital Deposits have been tested with 127 short drill holes (1,923 metres) of reverse circulation drilling. Cardero has received assay results from 33 reverse circulation holes located in 3 of the 8 Ferricrete fields drill-tested. The ferricrete in these 3 fields ranges from 1m to 18m in thickness.

Click here to read the Cardero Resource Corp. (NYSE:CDY) press release.