Mines and Money Presentation London
Perth, Dec 1, 2015 AEST (ABN Newswire) - Cardinal Resources Ltd (
ASX:CDV) provides the Mines and Money Presentation London.
NEW GOLD DISCOVERY IN GHANA WEST AFRICA
- A genuine new gold discovery in Ghana
- Wide zones of mineralisation (+100m)
- Mineralisation is open in all directions
- Initial metallurgy is very positive
- Well located with power, water, sealed highway nearby and low population density
- In-country management and experience
- Experienced board with proven track record in Ghana and West Africa
- Board and Management hold ~10%
- Low Market Capitalisation
- Low overheads + Company owned drills
- Drilling ongoing with ~$5m in treasury
To view the presentation, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-CDV-744896.pdf
About Cardinal Resources Ltd
Cardinal Resources Ltd (ASX:CDV) (TSE:CDV) (OTCMKTS:CRDNF) is a West African gold exploration and development Company that holds interests in tenements within Ghana, West Africa.
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.
| ||
|
