Microsoft Word - 26 Nov 2015 RC Drill Results From Namdini Project v6 AK (002)


ASX ANNOUNCEMENT AND MEDIA RELEASE


26 November 2015


VERY WIDE GOLD INTERSECTIONS IN RC DRILL HOLES AT NAMDINI


HIGHLIGHTS
  • Very wide gold intersections found in latest RC drilling at Namdini
  • Strike length extended to ~900m
  • 13 RC drill holes on 5 sections include:
    • 83m @ 1.41 g/t from 13m vertical depth
    • 67m @ 1.78 g/t from surface
    • 51m @ 1.02 g/t from 35m vertical depth
    • 48m @ 1.15 g/t from 19m vertical depth


Cardinal Resources Limited (ASX: CDV) ('Cardinal' or 'the Company') is pleased to announce the results of 13 RC drill holes which have been received for the Namdini Project ('Namdini'), (Figure 1).


Commenting on today's results, Managing Director Archie Koimtsidis said:

'We are extremely encouraged by the wide intersections of gold mineralisation reported from RC drilling on the Namdini Project.


'The width of these new zones of gold mineralisation ranges from ~120m to ~230m across strike.


'Wide gold intersections range from surface to very shallow depths which further enhances the gold potential of this project'.

Figure 1: Namdini Project Proximity Map


Figure 2: Location of RC drill hole sections on the Namdini Project


The mineralised zones shown on the sections range between 128m to 230m across strike (Figures 3 to 6, and Figures 8 to 9), indicating wide zones of gold mineralisation.


The granitoids have intruded into the volcaniclastics in the south forming some mixed mineralised zones. The volcaniclastics are developed to the west of the granitoids in narrow zones, but still mineralised.


However, to the east of the granitoids, the volcaniclastics are well mineralised for more than 100m across strike, which is very encouraging (Figure 2).


Section G to the north is also mineralised, indicating continuity of the mineralised zone further along strike to a total length of ~900m.


RC Drill Results

The sections of the 13 RC dill holes are below. Detailed assay results are contained within the Appendices.


Figure 3: Namdini Proejct Section A‐A1


Figure 4: Namdini Project Section B‐B1 with 205m mineralised width


Figure 5: Namdini Project Section C‐C1 with 230m mineralised width



Figure 6: Namdini Project Section D‐D1 with 173m mineralised width

(see ASX announcement dated 9 September 2015)

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