Cartier Mobilizes Second Drill Rig to Advance High-Grade Gold Discovery on East Cadillac
01 October 2024 - 9:30PM
Cartier Resources Inc. (TSXV: ECR, FSE: 6CA)
("Cartier" or the "Company") announces the deployment of a second
drill rig at its 100%-owned East Cadillac property, located 45 km
east of Val-d’Or. This expansion is part of Cartier's ongoing
28,000-meters drill program targeting high-grade gold sectors.
Highlights
- The second drill is now
active, focusing on the recently discovered
high-grade gold VG10 Zone and extending
exploration along the VG Structure over a 1.5 km
strike. Approximately 35 shallow holes
are planned.
- The VG10 Zone,
discovered in 2023, situated in the centre of East
Cadillac, has been drilled successfully in 2024
with 60% of drilled holes contained
visible gold. The best previous
intercepts include:
- 142.2 g/t Au over 0.5
m
- 137.4 g/t Au over 0.5
m
- 43.2 g/t Au over 1.0
m included within 15.7 g/t Au over 3.0
m
- 30.2 g/t Au over 1.0
m
- The first drill continues testing
high-grade gold regional targets across the property.
“We’re excited to accelerate exploration of
high-grade gold zones on East Cadillac with the second drill,”
commented Philippe Cloutier, President and CEO. “The consistency
and grade of the VG9-VG10 Zones have been impressive, and we’re
eager to expand their potential. Meanwhile, our first drill
continues to deliver encouraging visual results from regional
targets.”
Quality Assurance / Quality
Control
For each batch of samples sent to the
laboratory, Cartier inserts 5% of the number of samples in the form
of certified standards and another 5% in the form of blanks to
ensure quality control. The samples are analyzed at the Techni-Lab
(Actlabs) laboratory in Ste-Germaine-Boulé, Québec, Canada. Samples
weighing 3 to 5 kg are crushed by the laboratory to 90% passing 10
mesh (2.00 mm), then a 500 g fraction of each sample is
pulverized to 90% passing 200 mesh (0.07 mm). The resulting 50
g pulps are analyzed by fire assay with an atomic absorption
finish. Samples with results ≥ 1.0 g/t and < 10.0 g/t are
re-assayed by fire assay with an atomic absorption finish. Results
greater than or equal to 10.0 g/t Au are analyzed by fire assay
with a gravimetric finish. For samples containing visible gold, a
500 g subsample of rock is analyzed by the metallic sieve
method.
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.
About Cartier Resources Inc.
Founded in 2006, Cartier Resources Inc. is an
exploration company based in Val-d’Or, Québec, Canada. The
Company’s projects are located in Québec, which consistently ranks
among the world’s best mining jurisdictions. Cartier is actively
advancing the development of its flagship Project which consists of
the Chimo Mine and East Cadillac properties. The Company has
significant corporate and institutional support, including Agnico
Eagle Mines, O3 Mining and provincial investment funds.
For more information, contact:Philippe Cloutier, P.Geo.President
and CEOTelephone:
819-856-0512philippe.cloutier@ressourcescartier.comwww.ressourcescartier.com |
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