Cardinal Resources Ltd Stock Market Press Releases and Company Profile
Project Technical Manager Appointed
Project Technical Manager Appointed

Perth, June 21, 2016 AEST (ABN Newswire) - Cardinal Resources Limited (googlechartASX:CDV) ("Cardinal" or "the Company") is pleased to announce the appointment of Dr Julian Barnes as the Company's Project Technical Manager.

Dr Barnes has 34 years of experience in over 52 countries in a wide variety of commodities and has over 25 years experience in undertaking bank due diligence studies for the majority of the major resource lending institutions.

Dr Barnes co-founded Resources Service Group (subsequently RSG Global) in 1986. In 2004, he joined Dundee Precious Metals Inc. and was responsible for their worldwide exploration activities, project acquisition and investment due diligence. Following this, Dr Barnes was responsible for all technical aspects including exploration, project management, development, and management of Preliminary Economic Assesment (PEA) studies and due diligence for various companies as a specialist consultant.

Dr Barnes has extensive experience in due diligence studies, company and project reviews for major global resource lending institutions and mining companies located throughout the world.

Archie Koimtsidis, Managing Director of Cardinal, said:

"We have appointed Dr Julian Barnes, as he has the qualifications and experience to make a significant contribution to our company. Dr Barnes will initially focus on taking the Namdini Project through to a Bankable Feasibility Study.

Dr Barnes will work alongside our Exploration Manager, Mr Paul Abbott who will continue to explore beyond the newly discovered orebody in search of more gold.

"Cardinal welcomes Dr Barnes to the role of Project Technical Manager whose important skills will be invaluable in progressing the Company's objectives."


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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