CDV 0.00% $1.08 cardinal resources limited

Ann: Quarterly Activities and Cashflow Report, page-2

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    Not to much exploration is going on at this stage. A few good hits at Ndongo but mainly focusing on geotechnical, pit infill and sterilisation drilling to get the feasibility study over the line this quarter. Waiting for results for further southern extension drilling at Namdiini, which is still open to the south., what could grow the resource further. A few positive words about that financing is no problem and several parties are interested in a favourable investment or take off agreement. All in all ...we are moving along. Cash balance still strong with 25 million in the kitty. Hoping after finalising the DFS, we will see some more focus on further exploration.
 
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