Cardinal Resources is pleased to announce the maiden resource estimate for Namdini and results of the Phase 1, single hole, metallurgical testwork programme. Highlights - Maiden JORC Resource of circa 4 Million ounces gold - Significant scope remains to expand the Resource with further drilling. The depositremains open at depth and along strike [...]
Cardinal Resources, an African gold focused exploration company, is pleased to present to shareholders its Quarterly Activities report for the period ended 30 September 2016. Currently Cardinal holds four tenements within the Bolgatanga Project, with Subranum comprised of a single tenement in central Ghana (see Figure 1 in the link below [...]
The Directors are pleased to present their report on Cardinal Resources for the year ended 30 June 2016. Cardinal Resources, through its wholly owned subsidiary, Cardinal Resources Ghana Limited, holds five tenements prospective for gold mineralisation in Ghana in two NE-SW trending Paleo-Proterozoic granitegreenstone belts: the Bolgatanga and [...]
Cardinal Resources is pleased to report that a diamond drilling programme will be initiated by mid October (weather permitting) to test the up-dip width extensions to the known gold mineralisation at the Namdini Gold Project, along with two infill holes within the original framework drilling programme. HIGHLIGHTS - Diamond drilling planned to [...]
Cardinal Resources is pleased to report that as a result of the acceleration of its drill programmes this year, it has made strong in-roads towards reporting an initial JORC Resource Estimate for its Namdini Gold discovery in Ghana. Cardinal had previously expected to report an Exploration Target in Q3 2016, to be followed by a JORC Resource [...]
Cardinal Resources is pleased to announce that 1832 Asset Management LP and the Dynamic Funds which are associated entities of the Bank of Nova Scotia, headquartered in Canada, have increased their shareholding in Cardinal. 1832 AM LP become a substantial shareholder of Cardinal on 1 March 2016 with an equity position of 5.61%. Since March 2016 [...]
Cardinal Resources 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 Ltd.? - Big new gold discovery in Ghana - Wide zones of mineralisation (~200-300m) - Mineralisation is open at depth - Good Infrastructure [...]
Cardinal Resources is pleased to confirm that following the approval at the General Meeting of Shareholders, held on 19 August 2016, the Company has allotted 19,481,330 fully paid ordinary shares at $0.29 per share. The Company now has the following shares and listed options on issue: Fully Paid Ordinary shares: 297,074,697 Options exercisable at [...]
Cardinal Resources is pleased to report that the Phase 1 'Framework' drilling programme has been completed and all assays results have been returned. As a result, work has begun on structural and geological modelling, and resource estimation in order to complete an inaugural resource estimate of the Namdini gold deposit in northeastern Ghana [...]
Cardinal Resources are pleased to provide the Company's latest Investor Presentation at the North American Roadshow. Investment Highlights - Discovery of a world-class gold project by Cardinal at the Namdini Gold Project, Ghana -Every hold drilled since discovery has intersected wide-zones of gold mineralisation: -- 67m @ 3.10 g/t from 3m (incl [...]
Cardinal Resources is pleased to report the results of another shallow updip RC drill hole, NMRC470-784, recently completed on the Namdini Project, Ghana (Figure 1, see link below). Highlights: - 108m @ 1.62 g/t from surface including 43m @ 2.52 g/t - Confirms wide gold mineralisation across strike to 240m - Significant gold mineralised [...]
Cardinal Resources is pleased to report the results of the first shallow updip RC drill hole, NMRC389-767, recently completed on the Namdini Project. Highlights: 119m @ 1.72 g/t including 41m @ 2.57 g/t from surface - First shallow updip drill hole widens gold mineralisation across strike to 275m - Significant gold mineralised intersections within [...]
