Cardinal Resources

Published : June 20th, 2016

Project Technical Manager Appointed

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Project Technical Manager Appointed

Microsoft Word - 17 June 2016 Project Technical Director Employed_ed_jb

ASX ANNOUNCEMENT AND MEDIA RELEASE

21 June 2016

PROJECT TECHNICAL MANAGER APPOINTED

Cardinal Resources Limited (ASX: CDV) ("Cardinal" or "the Company") is pleased to announce the appointment of Dr Julian Barnes as the Company's Project Technical Manager.

Dr Barnes has 34 years of experience in over 52 countries in a wide variety of commodities and has over 25 years experience in undertaking bank due diligence studies for the majority of the major resource lending institutions.

Dr Barnes co‐founded Resources Service Group (subsequently RSG Global) in 1986. In 2004, he joined Dundee Precious Metals Inc. and was responsible for their worldwide exploration activities, project acquisition and investment due diligence. Following this, Dr Barnes was responsible for all technical aspects including exploration, project management, development, and management of Preliminary Economic Assesment (PEA) studies and due diligence for various companies as a specialist consultant.

Dr Barnes has extensive experience in due diligence studies, company and project reviews for major global resource lending institutions and mining companies located throughout the world.

Archie Koimtsidis, Managing Director of Cardinal, said:

"We have appointed Dr Julian Barnes, as he has the qualifications and experience to make a significant contribution to our company. Dr Barnes will initially focus on taking the Namdini Project through to a Bankable Feasibility Study.

Dr Barnes will work alongside our Exploration Manager, Mr Paul Abbott who will continue to explore beyond the newly discovered orebody in search of more gold.

"Cardinal welcomes Dr Barnes to the role of Project Technical Manager whose important skills will be invaluable in progressing the Company's objectives."

For further information contact:

Archie Koimtsidis Managing Director Cardinal Resources Limited P: +233 (0)26 190 5220

Skype: cardinal.archie

Cardinal Resources Limited ABN 56 147 325 620

www.cardinalresources.com.au

Ghana: Durugu Residential Area, Kumbosco, Bolgatanga, Ghana P: +233 (0) 261905220 SKYPE: cardinal.archie 1

Australia: Level 1, 115 Cambridge Street, West Leederville, Perth, 6007 P: +61 (8) 9322 6600 F: +61 (8) 9322 6610

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Data and Statistics for these countries : Australia | Georgia | Ghana | All
Gold and Silver Prices for these countries : Australia | Georgia | Ghana | All

Cardinal Resources

CODE : CDV.AX
ISIN : AU000000CDV9
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Cardinal Res. is a exploration company based in Australia.

Cardinal Res. is listed in Australia. Its market capitalisation is AU$ 375.8 millions as of today (US$ 287.3 millions, € 237.2 millions).

Its stock quote reached its lowest recent point on July 25, 2014 at AU$ 0.02, and its highest recent level on December 24, 2020 at AU$ 1.11.

Cardinal Res. has 349 589 984 shares outstanding.

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Nominations of Cardinal Resources
9/22/2016Change of Auditor
Corporate news of Cardinal Resources
11/6/2016Appendix 3B
9/22/2016Appendix 3B
9/5/2016Becoming a Substantial Holder
7/25/2016Notice of General Meeting/Proxy Form
7/25/2016North American Roadshow Presentation
7/24/2016High Grade Results Continue at Namdini
7/13/2016320m Wide Gold Zone Intersected at Namdini Project
7/11/2016Capital Raising to Push Ahead with Drilling at Namdini
7/6/2016Mineralised Downdip Extension Confirmed with Step-Out Hole
7/6/2016Quarterly Activities and Cashflow Report
6/27/2016310m Wide Gold Zone Intersected at Namdini Project
6/20/2016Project Technical Manager Appointed
6/16/2016New Drill Plan to Test Shallow Zones at Namdini
6/16/2016190m Wide Gold Zone with Infill Drilling at Namdini
5/30/2016220m Wide Gold Zone With Infill Drilling at Namdini
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