Perth, Australia (ABN Newswire) - Cardinal Resources Ltd. (ASX:CDV) is pleased to confirm that following the approval at the General Meeting of Shareholders, held on 27 April 2016, the Company has allotted 6,416,670 fully paid ordinary shares at $0.12 per share. The Company now has the following shares and listed options on issue: Fully Paid [...]
Cardinal Resources announces the results of two diamond drill holes, NMDD378-758 and NMDD405-756, recently completed on the Namdini Project. HIGHLIGHTS - Visible gold mineralisation of 1m @ 68.30 g/t - Other higher grade gold intersections include: o 15m @ 9.49 g/t OR 14m @ 5.29 g/t (excluding 1m @ 68.30 g/t visible gold) o 11.1m @ 3.45 g/t o [...]
Cardinal Resources is pleased to present to shareholders its Quarterly Activities report for the period ended 31 March 2016. Currently Cardinal holds four tenements within the Bolgatanga Project, with Subranum comprised of a single tenement. Highlights: - High gold values continue to be intersected along strike - Significant intersections [...]
Perth, Australia (ABN Newswire) - Cardinal Resources Ltd. (ASX:CDV) announces that Southern Geoscience Consultants (SGC) Perth were contracted to design and carry out ground geophysical surveys over the Namdini Project and the Kungongo Tenement within the Bolgatanga area. Highlights: - Namdini Surveys designed to gain direct targeting information [...]
Cardinal Resources announces that two independent drilling contractors, African Mining Services and Geodrill, have been contracted to drill HQ diamond holes on the Namdini Project. Highlights: African Mining Services contracted to diamond drill HQ core - Geodrill Ltd. contracted to diamond drill HQ core These two additional drill rigs, together [...]
Cardinal Resources announces the results of a further two diamond drill holes, NMRD479-779 and NMRD500-788, recently completed on the Namdini Project ("Namdini") (Figure 1 in link below). HIGHLIGHTS - Near surface gold intersection: o 47.5m @ 1.30 g/t from 20m vertical depth - Other gold intersections include: o 3.0m @ 9.68 g/t o 5.5m @ 2.51 [...]
Cardinal Resources announces the results of a further two diamond drill holes, NMDD364-743 and NMDD365-720, recently completed on the Namdini Project ("Namdini") (Figure 1, see link below). Highlights: - Selected gold intersections include: -- 85.4m @ 1.51 g/t from 46m vertical depth -- 20.27m @ 1.37 g/t from 132m vertical depth -- 17.3m @ 1.18 [...]
The Board for Cardinal Resources is pleased to provide the following Review of Operations for the half year period to 31 December 2015. GHANA GOLD PROJECTS 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 [...]
Cardinal Resources is pleased to announce that it has received commitments from institutional and professional investors in respect of a placement to issue 45,238,742 fully paid ordinary shares at 12 cents each. Hartleys Limited was the sole Lead Manager in respect of the Placement. HIGHLIGHTS - Placement of 45,238,742 shares at 12 cents per [...]
Cardinal Resources provide the Australian Investor Roadshow Presentation, February 2016 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, with high grade intervals: - 67m @ 3.10 g/t from 3m (incl10m @ 9.10 [...]
Cardinal Resources is very happy to announce outstanding results of the two diamond drill holes, NMDD403-730 and NMDD383-724, completed on the Namdini Project. Highlights: - Visible gold mineralisation of 2m @ 137 g/t - Other higher grade gold intersections include: o 45m @ 7.73 g/t o 35.35m @ 3.65 g/t Commenting on today's results, Managing [...]
Cardinal Resources is pleased to announce results of the diamond drill hole, NMDD422-736, completed on the Namdini Project. HIGHLIGHTS Higher grade intersections include: 15.4m @ 4.02 g/t - 18.1m @ 2.87 g/t - 5.5m @ 4.4 g/t. This diamond drill hole continues to confirm that the gold mineralisation occurs within the hydrothermally altered [...]