A feasibility study into the Namindi gold project, in Ghana, has estimated that the project could produce 4.2-million ounces of gold over a 15-year mine life, with around 1.1-million ounces to be produced in the first three years of full production.
ASX- and TSX-listed Cardinal Resources on Monday said that the feasibility study was based on a 5.1-million-ounce ore reserve.