Fast Tracking towards Development in Northeast GhanaPerth, 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:
About Cardinal Resources Ltd
The Company’s Namdini Project has a declared Indicated Mineral Resource of 120 Mt @ 1.1 g/t for 4.3 Moz Au and an Inferred Mineral Resource of 84 Mt @ 1.2 g/t for 3.1 Moz (refer to Cardinal “Technical Report on Namdini” dated 11 September 2017). The Company is focused on the development of the Namdini Project through a resource expansion drilling programme and continues to advance the PEA / Scoping Study which is now due for release in Q1 2018. In parallel, a pre-feasibility study is progressing supported by additional multi-disciplinary engineering activities. Exploration activity is also underway on its large portfolio of regional exploration Licenses.
For more information on the Company, Investors should review the Company’s filings that are available at http://www.sedar.com
Cardinal Resources Ltd