Africa Downunder Investor Update
Perth, Sep 7, 2016 AEST (ABN Newswire) - Cardinal Resources Ltd (
ASX:CDV) are pleased to provide the latest Company presentation Africa Downunder Investor Update, titled "Advancing The Next Big Gold Discovery in Ghana."
WHY INVEST IN CARDINAL RESOURCES LIMITED?
- Big new gold discovery in Ghana
- Wide zones of mineralisation (~200-300m)
- Mineralisation is open at depth
- Good Infrastructure
- Experienced board with proven track record in Ghana and West Africa
- Board and Management hold 6.8%
- Low overheads + Company owned drillrig
- Resource delineation drilling and regional exploration on-going
- Initial JORC Resource and Metallurgical Testwork is underway - Results expected Q4 2016
- Excellent potential to host a multi-million ounce gold resource
To view the presentation, please visit:
http://abnnewswire.net/lnk/7D97Q9Q1
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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