Namdini: A Major Discovery in a New Ghanaian Gold District
NewGenGold 2017 Conference Presentation
- Mineral-Prolific Region
- Paleoproterozoic Granite-Greenstone Belt
o Underexplored compared to Southern Ghana
- Well-Established Local Infrastructure
o 30km - National HV hydro grid power
o 7km - Continuous water supply - White Volta River
o 25km - Sealed national highway
- Excellent Community Relationships
o Facilitates rapid development objective
- Open Savannah Grassland
o Low population density
- Mining License Granted for 15 years - renewable
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About Cardinal Resources Ltd
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 the Pre-Feasiblity study, supported by additional multi-disciplinary engineering activities.
Exploration programmes are also continuing at the Company's Bolgatanga (Northern Ghana) and Subranum (Southern Ghana) Projects.
Cardinal Resources Ltd