Fast Tracking towards Development in Northeast Ghana
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 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