North American Roadshow Presentation
Perth, July 25, 2016 AEST (ABN Newswire) - Cardinal Resources Ltd (
ASX:CDV) are pleased to provide the Company's latest Investor Presentation at the North American Roadshow.
Investment Highlights
- Discovery of a world-class gold project by Cardinal at the Namdini Gold Project, Ghana
-Every hold drilled since discovery has intersected wide-zones of gold mineralisation:
-- 67m @ 3.10 g/t from 3m (incl 10m @ 9.10g/t)
-- 51m @ 3.58 g/t from 85m (incl 12m @ 4.38g/t)
-- 45m @ 7.73 g/t from 168m (incl 2m @137g/t)
-- ~900m strike extent to date -open along strike
-- ~200 vertical metres of gold mineralisation -open at depth
- ~300m wide mineralised zones along section
- Additional diamond holes planned to assist in the estimation of an initial Exploration Target by Q3 -2016
- Drills working 24/7
- Strong potential to host a multi-million ounce gold resource
To view the presentation, please visit:
http://abnnewswire.net/lnk/306804W4
About Cardinal Resources Ltd
Cardinal Resources Ltd (ASX:CDV) (TSE:CDV) (OTCMKTS:CRDNF) is a West African gold exploration and development Company that holds interests in tenements within Ghana, West Africa.
The Company is focused on the development of the Namdini Project with a gold Ore Reserve of 5.1Moz (0.4 Moz Proved and 4.7 Moz Probable) and a soon to be completed Feasibility Study.
Exploration programmes are also underway at the Company's Bolgatanga (Northern Ghana) and Subranum (Southern Ghana) Projects.
Cardinal confirms that it is not aware of any new information or data that materially affects the information included in its announcement of the Ore Reserve of 3 April 2019. All material assumptions and technical parameters underpinning this estimate continue to apply and have not materially changed.
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