Cardinal Resources

Primary ticker: ASX:CDV, TSX:CDV
Stage of development: Exploration, Development
Primary minerals: Gold
Project to promote: Namdini

Live financials

Cardinal Resources Limited (ASX/TSX: CDV) is a West African gold‐focused exploration and development Company that holds interests in tenements within Ghana, West Africa. The Company is focused on the development of the Namdini Project, for which the Company has published a gold Ore Reserve of 5.1Moz (138.6 Mt @ 1.13 g/t Au; 0.5 g/t cut‐off), inclusive of 0.4Moz Proved (7.4 Mt @ 1.31 g/t Au; 0.5 g/t cut‐off) and 4.7Moz Probable (131.2 Mt @ 1.12 g/t Au; 0.5 g/t cut‐off), and a soon to be completed Feasibility Study.

Management Profile

Archie Koimtsidis, CEO & Managing Director

Archie Koimtsidis has for the last 20 years been involved in all facets of gold exploration, discovery, production, and refining in West Africa and South America.
Archie’s most recent appointment prior to joining Cardinal was as the Deputy Country Manager of Ghana for PMI Gold Limited a joint TSXV and ASX listed company. He was responsible for all field operational matters relating to that Company’s projects in Ghana.
Archie has been instrumental in acquiring the Ghanaian projects on behalf of Cardinal and has a unique knowledge and understanding of geopolitical and operational matters relating to resource projects in West Africa.

What is your rationale for attending 121 Mining Investment?

Looking to showcase the company to potential investors

What recent news would you like to highlight to investors attending?

04.09.2019 Cardinal Makes Key Appointment Ahead of Project Development
16.07.2019 Cardinal’s Starter Pit Infill Drilling Results
10.07.2019 Cardinal Resources Further Shallow High-Grade Gold
04.06.2019 Positive Metallurgical Update on Namdini Project

What are your key goals for the next 3, 6 and 12 months?

3 Months:

Feasibility /Financing

6 Months:

Financing /Development

12 Months:


What do you think makes your company such a compelling investment?

New significant gold discovery (Namdini) in Northern Ghana. Favourable economics. Strong regional exploration potential.