New Opportunity for the Wilson Project
28 May 2024 - 9:00PM
Cartier Resources Inc. (TSXV: ECR, FSE: 6CA) (the
“
Company”) announces the termination, effective
May 23, 2024, of the option agreement (Original Agreement, April
22nd 2021 and Amended Agreement, April 20th 2023) pertaining to its
100% owned Wilson Property, situated 15 km east of
Lebel-sur-Quévillon, due to the third anniversary earn-in
commitments not being met by the optionor, which was notified
accordingly.
The project has three key exploration success
components:
- Location
- Mining camp jurisdiction of Quebec,
Canada
- Infrastructures and qualified
workers
- High grade gold mineralization
- Trench and drill hole with multiple
high grade gold intersections
- High grade gold Toussaint Deposit
open below 200 m
- Blue-sky
- Numerous high grade gold
discoveries with expansion potential
- Compilation in progress and
planning next steps
A review and interpretation of all historical
exploration data, as well as recent drilling will be undertaken
with a focus on the areas with high-grade gold potential on which
to focus the next phases of work.
« The areas with known gold mineralization
of the project offer the most obvious exploration upside potential
and starting point for discovering additional mineralized
zones » commented Philippe Cloutier, President and CEO.
Qualified Persons
The Company’s scientific and technical
information in this news release was prepared and reviewed by Mr.
Gaétan Lavallière, P.Geo., Ph.D., Vice-President, and Mr. Ronan
Déroff, P.Geo., M.Sc., Senior Geologist, Project Manager and
Geomatician, both qualified persons as defined in National
Instrument 43-101. Mr. Lavallière approved the information
contained in this press release.
For more information, please
contact:Philippe Cloutier, P.Geo.President and CEOTelephone: 819
856-0512philippe.cloutier@ressourcescartier.comwww.ressourcescartier.com |
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regulatory services provider accepts responsibility for the
adequacy or accuracy of this press release.
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