Fast Tracking towards Development in Northeast Ghana

2017 Annual General Meeting Presentation
2017 Annual General Meeting Presentation
Perth, Nov 22, 2017 AEST (ABN Newswire) - Cardinal Resources Ltd (ASX:CDV) (TSE:CDV) provides the Company's 2017 Annual General Meeting Presentation.

WHY INVEST IN CARDINAL?

- Flagship Namdini Gold Project

o 4.3 Moz Au Indicated at 1.1 g/t

o 3.1 Moz Au Inferred at 1.2 g/t

o Cut off grade -0.5 g/t

o Single open pit

o Discovery Cost ~ US$6 per oz

- Significant regional land package (900km2)

o Further exploration upside

- Proven board and management team

o Experienced exploring and developing mines in Africa

o Extensive in-country and international expertise

- Robust balance sheet

- Global institutional shareholders

To view the full presentation, please visit:
http://abnnewswire.net/lnk/D508Q2SX


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 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.

 


Contact

Archie Koimtsidis
CEO / MD
Cardinal Resources Limited
E: archie@cardinalresources.com.au

Alec Rowlands
IR / Corp Dev
Cardinal Resources Limited
E: alec@cardinalresources.com.au



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