Australian Investor Roadshow Presentation
Perth, Feb 23, 2016 AEST (ABN Newswire) - Cardinal Resources Ltd (
ASX:CDV) provide the Australian Investor Roadshow Presentation, February 2016
Highlights:
- Discovery of a world-class gold project by Cardinal at the Namdini Gold Project, Ghana
- Every hold drilled since discovery has intersected wide-zones of gold mineralisation, with high grade intervals:
- 67m @ 3.10 g/t from 3m (incl10m @ 9.10 g/t)
- 51m @ 3.58 g/t from 85m (incl12m @ 4.38 g/t)
- 45m @ 7.73 g/t from 168m (incl2m @ 137g/t)
- ~ 900m strike extent to date -open along strike
- ~200 vertical metres of gold mineralisation -open at depth
- ~300m wide mineralised zones -with higher grade gold zones
- 9 additional diamond holes planned to assist in the estimation of an initial Exploration Target
- Strong potential to host a multi-million ounce gold resource
To view the presentation, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-CDV-753535.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.
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