Cardinal Resources Ltd:: Africa Down Under Presentation
Perth, Australia - Cardinal Resources Ltd. (ASX:CDV) (TSE:CDV) (OTCMKTS:CRDNF) provides the Company's Africa Down Under Presentation titled "Fast Tracking Development Exploration, Ghana - West Africa".MINE SCALE REGIONALGREENSTONES:
- Namdini is located within the Birimian terrane of Northeastern Ghana which is 2.1-2.2 billion years old
- Unconformable Volta Basin sediments obscure the great majority of Birimian terrane in eastern and central Ghana
NEW FRONTIER: NORTHERN GHANA
- Paleoproterozoic Granite-Greenstone Belt
o Underexplored compared to Southern Ghana
- Well-Established Local Infrastructure
o 30km-National HV hydro grid power
o 7km-Continuous water supply -White Volta River
o 25km-Sealed national highway
- Excellent Community Relationships
o Facilitates rapid development objective
- Open Savannah Grassland
o Low population density
- Mining License Granted for 15 years renewable
To view the full presentation, please visit:
http://abnnewswire.net/lnk/L9VLP9I0
About Cardinal Resources Ltd:
Cardinal Resources Ltd. (ASX:CDV) (TSE:CDV) (OTCMKTS:CRDNF) is a gold-focused exploration and development Company which holds interests in tenements within Ghana, West Africa.
The Company's Namdini Project has an Indicated Mineral Resource of 6.5Moz of gold contained in 180Mt at 1.1 g/t Au at a cut-off of 0.5g/t Au and an Inferred Mineral Resource of 0.5Moz of gold contained in 13Mt @ 1.2 g/t Au at a cut off of 0.5 g/t Au.
The Company is focused on the development of the Namdini Project through advancing the Pre-Feasiblity study, supported by additional multi-disciplinary engineering activities.
Exploration programmes are also continuing at the Company's Bolgatanga (Northern Ghana) and Subranum (Southern Ghana) Projects.
Source:
Cardinal Resources Ltd.
Contact:
Archie Koimtsidis CEO / MD Cardinal Resources Ltd. E: archie@cardinalresources.com.au Alec Rowlands IR / Corp Dev Cardinal Resources Ltd. E: alec@cardinalresources.com.au Bettina Filippone Renmark Financial Communications Inc E: bfilippone@renmarkfinancial.com
