Principal Geologist Appointed
Perth, May 22, 2017 AEST (ABN Newswire) - Cardinal Resources Limited (ASX:CDV) (CRDNF:OTCMKTS) ("Cardinal" or "the Company") is pleased to announce that it has strengthened its development team with the appointment of Mr Richard Bray as the Company's Perth based Principal Geologist.
Mr Bray's most recent position was as Principal Resource Geologist for Resolute Mining Limited (ASX:RSG) where he worked for the past 22 years. In this role, Mr Bray worked on all of Resolute's projects from the first production of gold from Marymia in the early 1990s to the current projects. He played a key role in all of Resolute's projects, from development drilling, resource/reserve estimation to feasibility and production which included successful projects in Ghana, Mali, Tanzania, Eastern Goldfields and Queensland.
In previous roles to his long serving position at Resolute, Mr Bray worked as a consultant Resource Geologist on numerous projects applying his skills and knowledge of resource estimation. Richard is a Registered Professional Geologist with the Australian Institute of Geoscientists and has over 30 years' experience in the resources industry.
He is a Qualified Person for reporting on the TSX (NI 43-101) and ASX (JORC).
Commenting on the appointment, MD/CEO Archie Koimtsidis said:
"Cardinal warmly welcomes Mr Bray to the role of Principal Geologist where his skills and qualifications will add significant value during this phase of development for the Namdini deposit."
About Cardinal Resources Ltd
The Company is focused on the development of the Namdini Project with a gold Ore Reserve of 5.1Moz (0.4 Moz Proved and 4.7 Moz Probable) and a soon to be completed Feasibility Study.
Exploration programmes are also underway at the Company's Bolgatanga (Northern Ghana) and Subranum (Southern Ghana) Projects.
Cardinal confirms that it is not aware of any new information or data that materially affects the information included in its announcement of the Ore Reserve of 3 April 2019. All material assumptions and technical parameters underpinning this estimate continue to apply and have not materially changed.