Cardinal Resources Ltd Stock Market Press Releases and Company Profile
Investor Presentation - February 2018
Investor Presentation - February 2018

Perth, Feb 6, 2018 AEST (ABN Newswire) - Cardinal Resources Ltd (googlechartASX:CDV) (googlechartTSE:CDV) (googlechartCRDNF:OTCMKTS) provides the Company's latest Investor Presentation.

WHY INVEST IN CARDINAL?

- Flagship Namdini Gold Project

o 4.3 MozAu 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

NEW FRONTIER: NORTHERN GHANA

- Mineral-Prolific Region

- Paleoproterozoic Granite-Greenstone Belt

o Underexplored compared to Southern Ghana

- Well-Established Local Infrastructure

o 30km-National HV hydro grid power

o 7km-Continuous water supply -White Volta River

o 25km-Sealed national highway

- Excellent Community Relationships

o Facilitates rapid development objective

- Open Savannah Grassland

o Low population density

- Mining License Granted for 15 years renewable

To view the full presentation, please visit:
http://abnnewswire.net/lnk/N136E4K8


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.

abnnewswire.com 


Contact

Archie Koimtsidis
CEO / MD
Cardinal Resources Limited
P: +61-8-6558-0573

Alec Rowlands
IR / Corp Dev
Cardinal Resources Limited
P: +1-647-256-1922

Warrick Hazeldine
Cannings Purple
E: whazeldine@canningspurple.com.au
P: +61-417-944-616



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