Perth, Aug 1, 2017 AEST (ABN Newswire) - Cardinal Resources Ltd (ASX:CDV) (TSE:CDV) (OTCMKTS:CRDNF) provides the Company's latest Investor Presentation titled "Namdini Gold Project, Ghana".

INVESTMENT HIGHLIGHTS

- Namdini gold deposit - significant mineralised system of up to 300m in width and extending over 1km

- Maiden 4 million ounce Resource declared

- Open at depth and along strike with resource expansion drilling in progress

- Metallurgical testwork confirms high gold recoveries achievable with simple crush-grind-float-regrind-CIL circuit

- Quality local infrastructure and strong community relationships provides foundation for rapid development

- Experienced Board and Management Team with proven track record in African gold mining industry

To view the full presentation, please visit:
http://abnnewswire.net/lnk/4VS5N6FE


About Cardinal Resources Ltd

Cardinal Resources Ltd (ASX:CDV) (TSE:CDV) (OTCMKTS:CRDNF) is a West African gold-focused exploration and development Company which holds interests in tenements within Ghana, West Africa.

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

 


Contact

Archie Koimtsidis
CEO / MD
Cardinal Resources Limited
P: +1-647-256-1922 or +61-8-6558-0573
Email: archie@cardinalresources.com.au



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