CDV 0.00% $1.08 cardinal resources limited

Ann: Cardinal Discovers New 4km Long Gold Auger Soil Anomaly, page-4

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    Cardinal Resources Limited (ASX/TSX: CDV) (“Cardinal” or “the Company”) is pleased to announce the identification of significant auger gold‐in‐soil anomalies within the Kungongo Prospect (“Kungongo”) of the Company’s Bolgatanga Project, located in the Upper East Region of Ghana (Figure 1). Highlights  Significant auger gold‐in‐soil anomalies discovered on Cardinal’s 100% Kungongo Prospect o 4.2 km x 300m major auger gold‐in‐soil anomaly identified with +100ppb gold anomaly along entire strike o 800m x 250m secondary auger gold‐in‐soil anomaly identified with +100ppb gold anomaly along entire strike  RC / DD drill programme planned to evaluate soil anomalies with drilling anticipated to commence by the end of this month Cardinal’s Chief Executive Officer / Managing Director, Archie Koimtsidis said: “We are delighted to announce a new discovery of auger gold‐in‐soil anomalies within the Kungongo Prospect located close to our Namdini Project. “The dimensions of these soil anomalies are several orders of magnitude greater than the average background gold mineralisation values which is extremely encouraging at this very early stage. “This new discovery provides confidence for Cardinal to expand its exploration activities to other parts of the Bolgatanga Region. “Drill testing under selected targets is planned to commence during this quarter.”
 
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