Cardinal Resources is pleased to report drill assay results for hole NMDD062, which is a west step-out down-dip extension drill hole. HIGHLIGHTS - NMDD062 has intersected the Namdini mineralised corridor down dip, within which the following highlighted intersections have been returned: o 25m at 2.16g/t o 30m at 4.27g/t o 37m at 2.88 g/t - A [...]
Cardinal Resources advises that the resource estimation report from EGRM Consulting is now available on the Company's website, see links below. About Namdini Project: Ghana The Namdini Mining Licence is located in the Bolgatanga region, 6 km south east of the operating Shaanxi underground Gold Mine and 12 km from Cardinal's Ndongo East Prospect [...]
Cardinal Resources is pleased to report drilling assay results at the Namdini Project. HIGHLIGHTS - Results demonstrate resource extensions to the east, south and at depth - Results provide strong confidence in the potential to grow the 4Moz maiden resource -- Up-dip shallow drilling confirms mineralisation extends to surface. Highlights include [...]
Cardinal Resources is pleased to provide the Company's latest Investor Update - Feb 2017 regarding Namdini Gold Project at Ghana. INVESTMENT HIGHLIGHTS - Namdini gold deposit - significant mineralised system of up to 300m in width and extending over 1km - Maiden 4 million ounce Indicated and Inferred Resource declared - Open at depth and along [...]
Cardinal Resources is pleased to announce the appointment of Mr Erik Palmbachs as the Company's Chief Financial Officer. Mr Erik Palmbachs is a qualified finance professional with over 30 years' experience most of which has been in the mineral resources industry. He has a Bachelor of Business (CPA), Masters in Science (Mineral Economics), is a [...]
Cardinal Resources is very pleased to report an interim metallurgical update for the Namdini Project. HIGHLIGHTS - A number of conventional gold recovery improvement techniques have been identified to target overall gold recoveries >80% using a grind-flotation-regrind-CIL flowsheet - Oxide gold recovery is now >90% - Metallurgical scan results [...]
Cardinal Resources is pleased to present to shareholders its Quarterly Activities report for the period ended 31 December 2016. Currently Cardinal holds four tenements within the Bolgatanga Project, with Subranum comprised of a single tenement in central Ghana (Figure 1, see link below). HIGHLIGHTS - Infill drill holes continue to intersect wide [...]
Cardinal Resources is pleased to announce the appointment of Mr Bruce Lilford as the Company's Project Manager. Mr Bruce Lilford comes from Amec Foster Wheeler, a global mining, oil and gas engineering consultancy company which operates in more than 55 countries. He has more than 20 years' project management experience in the international mining [...]
Cardinal Resources is reporting assay results which have been received from infill and up-dip drilling at the Namdini Project. HIGHLIGHTS - Gold intersections from infill drilling include: -- 27m @ 7.75g/t (3.82g/t, cut to 15g/t) from 162m -- 34m @ 7.33g/t (6.24g/t, cut to 15 g/t) from surface -- 49m @ 1.46g/t from 38m - In addition, gold [...]
Cardinal Resources is pleased to announce that Van Eck Associates Corporation from New York has increased its holding in Cardinal to 6.32%. Van Eck become a substantial shareholder of Cardinal on 30 November 2016 with an equity position of 5.28%, since this time Van Eck has increased its holding to 6.32%. Archie Koimtsidis, Managing Director of [...]
Cardinal Resources provide the November Investor Presentation. - 4 Million ounce gold maiden JORC Resource - Wide Mineralised Zones open at depth and strike - Initial metallurgical test results received - Superb local infrastructure - Experienced Board with proven track records - Board and Management hold 5.5% - Strong community [...]
Cardinal Resources is pleased to announce the release of an investor update to coincide with Australian and International Analyst / Fund Manager site visit of the Namdini Project this week. HIGHLIGHTS - International group of analysts and fund managers to visit the Namdini Project - 4Moz maiden resource has potential to grow - active drilling [...]
