Namdini Infill Drilling Intersects 147m at 3.1g/t
Namdini Infill Drilling Intersects 147m at 3.1g/t
Perth, Aug 23, 2017 AEST (ABN Newswire) - Cardinal Resources Limited (ASX:CDV) (TSE:CDV) ("Cardinal" or "the Company") is pleased to report assay results from its drilling programme on the Namdini Gold Project in Ghana. Detailed results of the drill programme are included below and in the attached schedules. Further results of the continuing drill programme will be released as assay results are obtained, with an updated Mineral Resource estimate expected Q3 2017.

Cardinal's Chief Executive Officer / Managing Director, Archie Koimtsidis said:

"We are once again very pleased with the return of additional results of our drilling programme that confirms continuity of the mineralisation. These results are very encouraging and are expected to improve the robustness of the Mineral Resource. More results are expected, which should upgrade the current Mineral Resource in both size and category. Cardinal's drill programme is ongoing with eleven drill rigs on site."


Section F Highlights:

- 147m at 3.1 g/t Au
o Includes:
- 53m at 2.6 g/t Au
- 20m at 4.2 g/t Au
- 13m at 3.8 g/t Au
- 87m at 1.1 g/t Au
o Includes:
- 14m at 1.1 g/t Au
- 12m at 1.0 g/t Au
- 15m at 1.0 g/t Au
Section G Highlights:
- 173m at 1.3 g/t Au
o Includes:
- 26m at 1.2 g/t Au
- 10m at 1.4 g/t Au
- 41m at 2.2 g/t Au
- 162m at 1.5 g/t Au
o Includes:
- 48m at 1.9 g/t Au
- 47m at 1.7 g/t Au
- 14m at 1.0 g/t Au

*Note: Length Weighted Average Grade (LWAG): Calculations are based on 3m minimum width, 3m maximum contiguous waste and 0.5 g/t Au cut-off.

Please refer to for Cardinal's prospectus and N143-101 reports.

Meta Data for the significant intercepts are tabulated below in Table 1 to Table 3 in link below.

To view tables and figures, please visit:

About Cardinal Resources Ltd

Cardinal Resources Ltd (ASX:CDV) (TSE:CDV) (OTCMKTS:CRDNF) is a gold-focused exploration and development Company which holds interests in tenements within Ghana, West Africa.

The Company's Namdini Project has an Indicated Mineral Resource of 6.5Moz of gold contained in 180Mt at 1.1 g/t Au at a cut-off of 0.5g/t Au and an Inferred Mineral Resource of 0.5Moz of gold contained in 13Mt @ 1.2 g/t Au at a cut off of 0.5 g/t Au.

The Company is focused on the development of the Namdini Project through advancing its PFS studies as well as gold exploration on its tenements located within close proximity to the Namdini Project.



Archie Koimtsidis
Cardinal Resources Limited
P: +61-8-6558-0573

Alec Rowlands
IR / Corp Dev
Cardinal Resources Limited
P: +1-647-256-1922

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