BOLGATANGA: Ghana

The Bolgatanga Project is situated within the Upper East Region of Ghana near the town of Bolgatanga. The project area covers circa 660km2 of Paleo-Proterozoic greenstone belts in the Upper East Region of Ghana

The Bolgatanga Project consists of three prospecting licences: the Ndongo Prospecting Licence, the Kungongo Prospecting Licence and the Prospecting Licence. The project area covers Paleo-Proterozoic greenstone belts in the Upper East Region of Ghana.

Ndongo Prospecting Licence

The Ndongo Prospecting Licence was granted to Cardinal Resources Ghana Limited, a subsidiary of Cardinal, on July 7, 2014 for a period of two years ending July 6, 2016. On October 31, 2016, Ghana’s Minerals Commission (the Minerals Commission) extended the Ndongo Prospecting Licence until October 31, 2017. On February 27, 2017, the Minerals Commission confirmed that Cardinal Resources Ghana Limited is the holder and owner of the Ndongo Prospecting Licence.

The Ndongo Prospecting Licence was granted to Cardinal Resources Ghana Limited to prospect for and prove gold in the Bolgatanga and Telensi Nabdam District in the Upper East Region in the Republic of Ghana. The Ndongo Prospecting Licence covers a total land size of 106.65 km².

Kungongo Prospecting Licence

The Kungongo Prospecting Licence was originally granted to Cardinal Resources Ghana Limited on January 21, 2011 as a reconnaissance licence for one year ending January 20, 2012. After the expiration of the reconnaissance licence, the Minerals Commission on its own upgraded the Kungongo Reconnaissance Licence to Kungongo Prospecting Licence.

On October 13, 2015, the Minerals Commission wrote to Cardinal Resources Ghana Limited requesting it to pay for the extension of the Kungongo Prospecting Licence for a period of 12 months. Cardinal Resources Ghana Limited made the payment for the extension of the Kungongo Prospecting Licence on June 17, 2016. On July 26, 2016, the Minerals Commission extended the Kungongo Prospecting Licence to July 25, 2017. On February 27, 2017, the Minerals Commission confirmed that Cardinal Resources Ghana Limited is the holder and owner of the Kungongo Prospecting Licence.

The Kungongo Prospecting Licence covers a total land size of 120.12 km² and is eligible for renewal.

Bongo Reconnaissance Licence

The Bongo Reconnaissance Licence was granted to Cardinal Resources Ghana Limited on January 21, 2011 for a period of one year ending January 20, 2012. Cardinal Resources Ghana Limited has applied for a renewal of the Bongo Reconnaissance Licence and the Minerals Commission has recommended that the Minister renew the Bongo Reconnaissance Licence in the name of Cardinal Resources Ghana Limited. The Minister is yet to sign the renewal letter. However, on February 27, 2017, the Minerals Commission confirmed that Cardinal Resources Ghana Limited is the holder and owner of the Bongo Reconnaissance Licence.


Figure 1: Location and geology of the Bolgatanga Project



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