Ann: 133m Gold Intersection within Diamond Drill Hole, page-2

"HIGHLIGHTS • Two diamond drill holes completed at Namdini Project • 215m wide gold mineralised zone • Significant intersections include: • 133.75m @ 1.61 g/t from 3m vertical depth • 87m @ 1.08 g/t from 28m vertical depth

Cardinal Resources Limited (ASX: CDV) (“Cardinal” or “the Company”) is pleased to announce excellent results of the first two deep diamond drill holes completed on the Namdini Project (“Namdini”), (Figure 1). Commenting on today’s results, Managing Director Archie Koimtsidis said: “These two deeper gold mineralised intersections confirm and extend the wide and shallow mineralised intersections previously encountered from RC drilling within the Namdini Project. “The diamond drill holes also confirm that the gold mineralisation occurs within the hydrothermally altered volcaniclastics and monzonite granitoids, which were previously identified in the RC drilling (Figures 4 to 6). “These new results clearly demonstrate the significant depth potential of the wide gold mineralisation previously encountered at the Namdini Project”."