Cardinal Resources

Website: www.cardinalresources.com.au
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 which holds interests in tenements within Ghana, West Africa. The Company is focused on the development of the Namdini Project with a recently announced Maiden Probable Reserve of 4.76Moz and is now advancing the feasibility study supported by additional multi-disciplinary engineering activities.
Exploration programmes are also underway at the Company’s Bolgatanga (Northern Ghana) and Subranum (Southern Ghana) Projects. Feasibility Study for the Namdini Project due Q3 2019.

Hartleys Research Report in March 2019

Management Profile

Archie Koimtsidis, CEO & Managing Director

Mr 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. During this time he was responsible for all field operational matters including coordination of exploration, drilling programs, and human resource management 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?

27 Mar 2019 Cardinal Intercepts High-Grade Shallow Gold at Ndongo East
18 Sep 2018 Cardinal Namdini Pre-Feasibility Study 4.76Moz Ore Reserve

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

3 Months:

Drill results from new discoveries within the district

6 Months:

Release of feasibility study for the Namdini Project

12 Months:

Project Financing

In a sentence, 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.