Cardero Resource Announces Iron Results

Cardero Resource Corp. (TSX:CDU,NYSE:CDY,FWB:CR5) announced drill results from the Sheini Hills iron project in Ghana.

As quoted in the press release:

Drillholes 1 to 7 all intersected thick iron mineralization, with individual ironstone horizons up to 53 metres in thickness. The best intersection to date is 30.2 metres grading 45.6% iron and the weighted average grade from all drillholes to date is 36.2%. Ironstone composition is haematite-dominated with a negligible magnetite component.

Click here to read the Cardero Resource Corp. (TSX:CDU) press release.