Cardinal Resources Ltd. Engages Lycopodium Minerals and Golder Associates
11.04.2017 | ABN Newswire
Perth - Cardinal Resources Ltd. (ASX:CDV) (OTCMKTS:CRDNF) ("the Company") is pleased to announce that Lycopodium Minerals Pty Ltd ("Lycopodium") and Golder Associates Ltd ("Golder") have been engaged to complete the next study phase at the Company's Namdini Gold Project.HIGHLIGHTS
- Lycopodium appointed to complete process pre-feasibility study
- Golder Associates appointed to complete mine scoping study
- The combined and final study report estimated late Q3 2017
Lycopodium will deliver a process pre-feasibility study comprising the process, associated infrastructure and tailings facilities. Golder will deliver a mine scoping study comprising geological, hydrology, hydrogeology, mining, geotechnical and environmental services.
The studies are expected to commence shortly with completion estimated late Q3 2017.
Lycopodium is an established international engineering and project management consultancy that has successfully undertaken studies and projects in Africa, Australia, Canada, USA, South America, Europe, and South-East Asia.
Golder is a global organisation providing consulting, design, and construction services in specialist areas of earth, environment, and energy with technical excellence, innovative solutions and award winning client service.
Cardinal's MD / CEO, Archie Koimtsidis said:
"We are delighted to engage Lycopodium and Golder to perform the next important study phases at Namdini. Both Lycopodium and Golder are globally recognised companies with highly specialised skills and strong gold experience, particularly in Ghana. Their capabilities and experience will ensure a high quality study report to support the next important phase of the Namdini Project."
About Cardinal Resources Ltd:
Cardinal Resources Ltd. (ASX:CDV) (OTCMKTS:CRDNF) is a focused gold exploration and development company with its key assets located in the mineral-rich country of Ghana, West Africa. Cardinal owns and operates 2 drill rigs and has in country infrastructure which allows it to be a low cost exploration and development company. Cardinal has its operational base located within close proximity to the Bolgatanga Project in North East Ghana and has its corporate office located in Perth, Western Australia.
Contact:
Archie Koimtsidis MD / CEO
Cardinal Resources Ltd.
P: +61-8-6558-0573
Skype: cardinal.archie
