Cartier cuts a broad high-grade gold system at East Cadillac; with 14.7 g/t Au over 4.3 m within 20.6 m grading 5.2 g/t Au
16 October 2024 - 10:30PM
Cartier Resources Inc. (TSXV: ECR, FSE: 6CA)
("Cartier" or the "Company") reports high-grade gold results from
drilling exploration at its 100%-owned East Cadillac property. The
latter is located 45 km east of the Val-d’Or mining camp.
Highlights
- The 28,000-m (174 drill
holes) drilling exploration program continue to deliver
high-grade gold results on the East Cadillac
property (FIGURE).
- Multiple high-grade gold intersections over
considerable thickness, near surface, form a new
gold system at North Contact Sector
(Tables 1 and 2 below):
- 14.7 g/t Au over 4.3 m included within
5.2 g/t Au over 20.6 m
- 6.3 g/t Au over 4.0 m included within
3.0 g/t Au over 15.0 m
- 5.7 g/t Au over 4.0 m including 15.0
g/t Au over 1.0 m
- Two drill rigs continue to explore high-grade gold targets
along the regional Larder Lake - Cadillac Fault Zone.
“The results at North Contact are impressive and
in the continuity of VG9, VG10 and East Bateman high-grade gold
discoveries. This new gold-bearing trend provides us various
options generating numerous exploration opportunities to discover
one or more gold systems that range from high to moderate gold
grade” commented Philippe Cloutier, President and CEO.
Table 1: Details of the new
high-grade gold results of the North Contact Sector
Hole |
Coordinates UTM (m) |
Azimuth (°) / Plunge (°) |
From (m) |
To (m) |
Au (g/t) |
Length (m) |
CH24-173 |
335569/5320090/364 |
167/-76 |
149.3 |
150.3 |
40.4 |
1.0 |
Included within |
146.0 |
150.3 |
14.7 |
4.3 |
Included within |
145.0 |
155.5 |
7.2 |
10.5 |
Included within |
134.9 |
155.5 |
5.2 |
20.6 |
CH24-177 |
335670/5320160/363 |
187/-68 |
231.0 |
233.0 |
9.1 |
2.0 |
Included within |
229.0 |
233.0 |
6.3 |
4.0 |
Included within |
225.0 |
240.0 |
3.0 |
15.0 |
CH24-176 |
170/-56 |
191.0 |
192.0 |
15.0 |
1.0 |
Included within |
191.0 |
195.0 |
5.7 |
4.0 |
The lengths of the mineralized intersections are
expressed as measured lengths along the drill core. The estimated
true widths of the mineralized intersections are approximately 65
to 90% of the reported lengths.
Table 2: Details of the highest
historical drill results of the North Contact Sector
Hole |
Coordinates UTM (m) |
Azimuth (°) / Plunge (°) |
From (m) |
To (m) |
Au (g/t) |
Length (m) |
ECG-18-072 |
335601/5320161/364 |
195/-55 |
198.3 |
200.3 |
6.9 |
2.0 |
Included within |
197.5 |
202.3 |
4.7 |
4.8 |
The lengths of the mineralized intersections are
expressed as measured lengths along the drill core. The estimated
true widths of the mineralized intersections are approximately 85%
of the reported lengths.
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 Chimo Mine 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 CEO Telephone: 819-856-0512
philippe.cloutier@ressourcescartier.com
www.ressourcescartier.com
Neither the TSX Venture Exchange nor its
regulatory services provider accepts responsibility for the
adequacy or accuracy of this press release.
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/05bbb14f-f9f0-4812-9103-f918eb64d5a7
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