Cardinal Resources Ltd.: 2015 Half Yearly Report
15.03.2016 | ABN Newswire
Perth - The Board for Cardinal Resources Ltd. (ASX:CDV) is pleased to provide the following Review of Operations for the half year period to 31 December 2015.GHANA GOLD PROJECTS
Cardinal Resources Ltd., through its wholly owned subsidiary, Cardinal Resources Ghana Limited, holds five tenements prospective for gold mineralisation in Ghana in two NE-SW trending Paleoproterozoic granitegreenstone belts: the Bolgatanga and Namdini Projects located within the Nangodi and Bole-Bolgatanga Greenstone Belts in NE Ghana and the Subranum Project located within the Sefwi Greenstone Belt in SW Ghana.
BOLGATANGA PROJECT, GHANA
Exploration activities were mainly comprised of RC and diamond drilling at the Namdini Project.
NAMDINI PROJECT
The Namdini tenement is located ~12 km SE from Cardinal's Ndongo East Prospect and ~6 km SE of the producing Shaanxi Gold Mine. The area around the original Namdini Licence has been considerably expanded, which is anticipated to add to the Namdini Licence gold inventory already identified.
To view the full Half Yearly Report, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-CDV-756269.pdf
About Cardinal Resources Ltd:
Cardinal Resources Ltd. (ASX:CDV) is a focused gold exploration and development company with its key assets located in the mineral-rich country of Ghana, West Africa.
Cardinal owns and operates 2 drill rigs and has in country infrastructure which allows it to be a low cost exploration and development company.
Contact:
Archie Koimtsidis, Managing Director
Cardinal Resources Ltd.
P: +233 (0)26 190 5220
Skype: cardinal.archie