10:28 AM EST - Cardinal Resources Limited : Announced an optimized Ore Reserve estimate for the Namdini Gold Project in Ghana, West Africa. Highlights: 5.1 Million ounces Proved and Probable Ore Reserve estimate from 138.6 Mt @ 1.13 g/t Au (0.5 g/t Au cut-off). $1,225 U.S. gold price optimised pit selected for the Life of Mine design; 1.9 : 1 Life of Mine Strip Ratio; 80% of the 6.5 Moz Measured and Indicated Mineral Resource converted to Proven and Probable Ore Reserves. Cardinal Resources Limited
shares T.CDV are trading unchanged at $0.33.
