Cardinal Resources Ltd

Cardinal Resources recognised for Namdini gold discovery with Thayer Lindsley award

Cardinal Resources Ltd (ASX:CDV) managing director & CEO Archie Koimtsidis speaks to Proactive Investors about winning the 2019 Thayer Lindsley award from the Prospectors and Developers Association of Canada (PDAC).

The award, previously won by Barrick Gold (TSE:ABX) and Ivanhoe Australia (ASX:IVA), recognises an individual or team of explorers credited with a recent significant mineral discovery anywhere in the world - in this case, the 2014 discovery of the Namdini gold deposit in Ghana's northeast.

Koimtsidis says the company has excellent relationships in the Western African nation, which is more mining-friendly than many realise, and hopes to become a funded developer soon.

Quick facts: Cardinal Resources Ltd

Price: 0.385 AUD

Market: ASX
Market Cap: $190.1 m


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