Investor Presentation - February 2018
Investor Presentation - February 2018
Perth, Feb 6, 2018 AEST (ABN Newswire) - Cardinal Resources Ltd (ASX:CDV) (TSE:CDV) (OTCMKTS:CRDNF) 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 gold-focused exploration and development Company which holds interests in tenements within Ghana, West Africa.

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.

 


Contact

Archie Koimtsidis
CEO / MD
Cardinal Resources Limited
E: archie@cardinalresources.com.au

Alec Rowlands
IR / Corp Dev
Cardinal Resources Limited
E: alec@cardinalresources.com.au



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