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Cartier Cuts 5.6 g/t Au over 8.5 m in Zone 5M4 at Chimo Mine

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Cartier Resources Inc. (TSX-V: ECR) reports drill results grading 5.6 g/t Au over 8.5 m including 9.9 g/t Au over 3.0 m and 8.3 g/t Au over 2.5 m.  These intersections are hosted within in a mineralized envelope over 27.8 m grading 2.5 g/t Au in  Zone 5M4 of the Chimo Mine property, located 45 km east of Val-d’Or (FIGURE).

 

Additional intersections grading 63.1 g/t Au over 0.5 m included within a 27.0 m section grading 2.2 g/t Au as well as an intersection grading 22.3 g/t Au over 1.0 m included within a 26. 0 m section grading 1.7 g/t Au, were also obtained within Zone 5NE. All of these results were intersected at a depth of 700 m in Zones 5M4 and 5NE, are 25 m one from another and located 450 m east of the existing underground infrastructure.

 

Zones 5M4 and 5NE were drilled over a length of 900 m from the surface to a depth of 700 m. At this depth, both zones were tested, to date, over an east-west orientation width of 75 m. Zones 5M4 and 5NE remain open in all directions (FIGURE).

 

« These new results, highlight the importance of prioritizing continued exploration of Zones 5M4 and 5NE in order to maximize the potential of drill results previously reported in the main Zones 5B and 5M » commented Philippe Cloutier, President and CEO.

 

The details of the new results received from the laboratory are as follows:

 

 

Drill Hole From
(m)
To
(m)
Length (m)
Au

(g/t)
 
Gold Zone Gold Structure
CH18-52BE 784.0 792.5 8.5 5.6 5M4 5M
Including 787.0 790.0 3.0 9.9
And 765.7 768.2 2.5 8.3
Included in 765.7 793.5 27.8 2.5
CH18-52B 705.5 706.0 0.5 63.1 5NE 5N
Included in 692.0 719.0 27.0 2.2
CH18-52BE 698.0 699.0 1.0 22.3
Included in 697.0 723.0 26.0 1.7

 

Lengths are expressed along drill core axis.  The true thickness was not determined. The Company is currently building wireframes for the 24 mineralized zones and existing infrastructure of the former Chimo Mine in order to determine the dimensions of each mineralized zone as accurately as possible.

 

Chimo Mine Project Highlights

 

  • The Chimo Mine produced 379,012 ounces of gold (MERN DV 85-05 to DV-97-01).
  • Cartier owns 100% interests of the property.
  • Year-round access by road, proximal to 6 custom mills.
  • Gold mineralized material was mined intermittently from 14 zones by 3 different producers.
  • Mine infrastructure consists of a 7 km network of drifts distributed on 19 levels, connected by a 3-compartment shaft 965 m deep. The headframe and surface facilities were dismantled in 2008 but the electrical line and the sand pit are still present.

 

About Cartier

 

Cartier Resources was founded in 2006 and is based out of Val-d’Or, Quebec.  Quebec has consistently ranked high as one of the best mining jurisdictions in the world primarily based on its mineral rich geology, attractive tax environment, and pro-mining government.  In 2018, the Fraser Institute again ranked Quebec as one of the best jurisdictions in the world for investment attractiveness.

 

Quality Assurance / Quality Control

 

All lengths, mentioned in this press release, were measured along the drill core. The NQ core samples are crushed up to 80% passing 8 mesh sieves and then pulverized up to 90% passing a 200-mesh sieve. Cartier inserts 5% of the number of samples in the form of certified standards and another 5% in the form of sterile samples to ensure quality control. The samples are analyzed at the Techni-Lab laboratory (Actlabs), located in Ste-Germaine-Boulé, Quebec. The 50 g pulps are analyzed by fire assay and atomic absorption. For samples containing visible gold, 1,000 g of rock are directly analyzed by the “Metallic Sieve” method.

 

The scientific and/or technical information presented in this press release has been reviewed and approved by Mr. Gaétan Lavallière, P. Geo., Ph. D. and Vice-President for Cartier Resources.  Mr. Lavallière is a qualified person as defined by National Instrument 43-101.

 

Posted June 12, 2019

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