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Cardinal Resources Ltd.

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Summary

Project:

Namdini

Deposit:Ndongo East
Location:Ghana
Commodities:Gold
Date:3/27/2019
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Feasibility Study
Report details:27-3-2019: Cardinal Resources Ltd. announces an Exploration/Drilling Update report for its Ndongo East deposit at the Namdini project. Drilling results incl. 8.3m @ 11.3g/t Au from 75.7m. Cardinal Resources Limited (ASX/TSX: CDV) (“Cardinal” or “the Compa
Resources:(Reserve, Prob.): 129.6Mt @ 1.14g/t Au for 4.76Moz Au contained
CP/QP:[Overall Report]: Paul Abbott (Internal)
ABSTRACT:Cardinal Resources Limited (ASX/TSX: CDV) (“Cardinal” or “the Company”) is pleased to announce further intersections of high‐grade, shallow gold mineralisation at the Ndongo East deposit. Importantly, the Ndongo Prospecting License is located only 24km north of the Company’s Namdini Gold Project for which Cardinal declared a Maiden Probable Ore Reserve of 4.76Moz on the 18 September 2018 (Figure 1). On 16 July and 29 August 2018, as well as on 23 January 2019, Cardinal reported numerousintersections of high‐ grade gold at its Ndongo East deposit within the Ndongo Prospecting License and has now intersected further high‐grade gold during a recently completed diamond drilling program.

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