Cardinal Resources Ltd.

Cardinal Resources Limited is pleased to advise that all legal and formal documentation with Sprott Private Resource Lending , L.P. to provide a US$25 million senior secured credit facility has been successfully completed. The US$25 million Facility will provide working capital and funding to complete the Preliminary and Definitive Feasibility Studies for Namdini. Archie Koimtsidis, CEO and Managing Director of [...]

Cardinal Resources Limited is pleased to present to shareholders its Quarterly Activities report for the period ended 30 June 2018. Currently Cardinal holds four tenements within the Bolgatanga Project, with Subranum comprised of a single tenement in central Ghana. Figure 1: Cardinal Resource’s Tenements in Ghana Figure 2: Namdini Project Development Timeline Figure 3: Bolgatanga Project Tenements Figure 4 [...]

Cardinal Resources is pleased to announce it has received investment committee approval from and executed a term sheet with Sprott Private Resource Lending , L.P. to be provided with a US$25 million senior secured credit facility . The Facility is subject to mutually satisfactory documentation and other customary conditions precedent, which are expected to be completed on or about 17 August 2018. A positive [...]

Cardinal Resources Ltd. is pleased to announce that it has intersected further gold at a new discovery named Ndongo East on its 100% owned Ndongo License, located approximately 15 km north of the Company’s flagship Namdini Gold Project which has a 6.5 Moz Indicated Mineral Resource . Cardinal’s Three Large Scale Tenements comprising the Bolgatanga Project and the Namdini Project Ndongo Tenement with [...]

Cardinal Resources advises that the Company is evaluating a larger process throughput option due to an increase in their indicated resource categorisation from 4.3Moz to 6.5Moz. Cardinal will evaluate the economic results of the new option against the Company's current Preliminary Economic Assessment , and should the economic results be favourable the Company will release an updated PEA reflecting the new option. On [...]

Cardinal Resources is pleased to announce that it has received encouraging results from its first pass shallow RC drilling designed to test one of the six coincident goldin- soil and geophysical targets on the Ndongo License within the Bolgatanga Project, which is located ~15 km north of the Company's Namdini Gold Project with an Indicated Mineral Resource of 6.5 Moz Au . Highlights - RC drilling has returned several [...]

Cardinal Resources is pleased to present to shareholders its Quarterly Activities report for the period ended 31 March 2018. Currently Cardinal holds four tenements within the Bolgatanga Project, with Subranum comprised of a single tenement in central Ghana. HIGHLIGHTS - On March 15, 2018, the Company announced a technical report titled "Technical Report on Namdini Gold Project, Ghana", in respect of the Company's [...]

TORONTO, April 18, 2018 -- Cardinal Resources Limited is pleased to announce that it has filed a National Instrument 43-101 Technical Report in respect of the Mineral Resource Estimation announced on 5 March 2018. The NI 43-101 Technical Report can be viewed under the Company's issuer profile on SEDAR at www.sedar.com and on the Company’s website at www.cardinalresources.com.au. ABOUT CARDINAL [...]

Cardinal Resources is pleased to provide an update in relation to the Stage 1 appraisal programmes over three Exploration Licenses, all within the Company's Bolgatanga Project located within close proximity to the Company's Namdini Gold Project, in the Upper East Region of Ghana, as well as the Subranum Project located in Southwest Ghana. Highlights - Cardinal's commitment to regional exploration in Ghana has been [...]

Cardinal Resources is pleased to announce that it has filed a National Instrument 43-101 Technical Report in respect of the Preliminary Economic Analysis announced on 5 February 2018. Cardinal Resources is a gold-focused exploration and development Company which holds interests in tenements within Ghana, West Africa. The Company's Namdini Project has an Indicated Mineral Resource of 6.5Moz of gold contained in 180Mt [...]