CARDINAL GRADE CONTROL DRILL RESULTS RETURNED

Cardinal Resources Limited (ASX/TSX: CDV) (“Cardinal” or “the Company”) reports the completion of a close spaced drilling programme in a targeted starter pit area for its flagship Namdini project.  This work constitutes an important phase for the Company’s forthcoming PEA, as it supports the grades and tonnages the Company expects for the proposed starter pit area. 

HIGHLIGHTS

• Excellent gold grades were returned in the upper benches of the targeted starter pit area
• Correlation of grades, ounces and tonnes between the Mineral Resource Model (September 2017) and the trial grade control model, has been completed with a very accurate reconciliation (Table 1 and Figure 3)

Selected drill hole intersection results are as follows:

• 42m @ 5.6 g/t Au NMRC486
• 42m @ 4.85 g/t Au NMRC335
• 42m @ 4.8 g/t Au NMRC433
• 42m @ 4.5 g/t Au NMRC193
• 42m @ 3.9 g/t Au NMRC314
• 42m @ 3.7 g/t Au NMRC383
• 42m @ 3.4 g/t Au NMRC361
• 42m @ 3.0 g/t Au NMRC320

The selected intersections reported above are for the entire length of each drill hole (0 to 42m), at >0.5 g/t Au cut off with no more than 3m of consecutive internal dilution at <0.5 g/t Au.

 For more information please see below link to today's announcement.

Cardinal Grade Control Drill Results Returned

Archie Koimtsidis                                           

CEO / MD                                                       

Cardinal Resources Limited                             

P: +61 8 6558 0573                                           

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 Cardinal Resources Limited

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