Ann: NMDD062 Intersects Mineralisation Down-Dip, page-2

Rather good news.

Cardinal Resources Limited (ASX: CDV)  (“Cardinal” or “the Company”) is pleased to report drill assay  results for hole NMDD062, which is a west step‐out down‐dip extension drill hole.  HIGHLIGHTS
 NMDD062 has intersected the Namdini mineralised corridor down dip, within which the  following highlighted intersections have been returned:  o 25m at 2.16g/t  o 30m at 4.27g/t  o 37m at 2.88 g/t   A total of 150m of mineralised intersections, at a 0.5g/t cut off and a weighted average  grade of 2.3g/t have been returned in NMDD062.   Cardinal’s CEO, Archie Koimtsidis said:  “Drill hole NMDD062 continues to confirm that the mineralised corridor at Namdini extends to depth.   With four diamond drill rigs currently active at Namdini we are looking forward to further drill results  as we continue to define the depth and strike extensions of the project.”  Resource Extension Drilling Programme  Figure  1  shows  the  location  of  planned  drilling  for  the  four  drill  rigs  on  site at Namdini which are  currently  focused  on  continuing  the  western  extension,  down‐dip  drilling  and  the  southern  strike  extension programmes.  Figure  2  shows NMDD062  and  its mineralised  intersections  along with  highlighted  intersections  in  other  drill  holes  which  demonstrate  that  the  Namdini  mineralised  corridor  continues  to  depth.   Additional drilling is planned to explore for further mineralisation along strike and at depth.   Drill hole intersections in NMDD062 are based on a reporting rule of a minimum 3 metres down hole  mineralised length, a maximum of 3 metres contiguous ‘sub‐grade’ and a lower cutoff grade of 0.5 g/t  Au (refer to Cardinal website www.cardinalresources.com.au for detailed assay results).