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Cardinal Resources Ltd.
Summary
| Project: | Namdini | |
|---|---|---|
| Deposit: | Namdini | |
| Location: | Ghana | |
| Commodities: | Gold | |
| Date: | 4/5/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 5-4-2017: Cardinal Resources Ltd. announces a Resource Estimation report for its Namdini deposit at the Namdini project. Updated mineral resource technical report in support of TSX listing. Roscoe Postle Associates Inc. (RPA) was retained by Cardinal Reso | |
| Resources: | (Resource): 23.864Mt @ 1.21g/t Au (Ind.) and 100.149Mt @ 1.13g/t Au (Inf.) at project | |
| CP/QP: | [Resources]: Sean D. Horan (Roscoe Postle Associates Inc.) | |
| ABSTRACT: | Roscoe Postle Associates Inc. (RPA) was retained by Cardinal Resources Limited (Cardinal) to prepare an independent Technical Report on the Namdini Gold Project (Namdini or the Project), located in Northern Ghana, in support of a Toronto Stock Exchange listing. The purpose of this report is to disclose an updated Mineral Resource estimate. The Mineral Resource estimate has been prepared according to the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves standards and guidelines published and maintained by the Joint Ore Reserves Committee of the Australasian Institute of Mining and Metallurgy, Australian Institute of Geoscientists and Minerals Council of Australia (the JORC (2012) Code). RPA has reconciled the Mineral Resources to Canadian Institute of Mining, Metallurgy and Petroleum (CIM) Definition Standards for Mineral Resources and Mineral Reserves dated May 10, 2014 and there are no material differences. This Technical Report conforms to NI 43-101 Standards of Disclosure for Mineral Projects. RPA visited the property between December 16 and 20, 2016. Cardinal is a Western Australia-based gold exploration and development company, and has been a reporting issuer on the Australian Stock Exchange (ASX) since August 2011. Cardinal’s key assets are located in Ghana and include the Namdini, Bolgatanga, and Subranum Projects. | |
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