Information in this presentation correct as of 05/06/2018
Cardinal Resources Limited (ASX: CDV, TSX: CDV) is an African gold-focused exploration and development company which holds interests in tenements within Ghana, West Africa. The Company is focused on the development of the Namdini project through a resource expansion drilling programme, pre‐feasibility studies, detailed metallurgical test work and process flowsheet studies. Exploration activity is also underway on the Company’s Bolgatanga and Subranum Projects.
The Namdini Gold Project has an Indicated Mineral Resource of 180 Mt grading 1.1 g/t Au for 6.5 Moz Au and an Inferred Mineral Resource of 13 Mt grading 1.2 g/t Au for 0.5 Moz Au each at a 0.5 g/t Au cutoff grade. Cardinal expects to continue to generate positive news flow from its ongoing metallurgical optimisation work, greenfield exploration assets and Preliminary Feasibility Study (“PFS”) activities, due for release mid 2018.