Cartier Resources {TSX.V: ECR}

Reported values of 7.1 grams per tonne (g/t) gold (Au) over 11.5 metres, including 22.0 g/t Au over two metres intersected at a distance of 550 m below Zone 5B4-5M4-5NE of the Chimo mine gold property located 45 kilometres east of Val d’Or, Quebec.

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Cartier Resources drills 11.5 m of 7.1 g/t Au at Chimo

2020-02-18 09:41 ET – News Release

Mr. Philippe Cloutier reports

CARTIER INTERSECTS 7.1 G/T AU OVER 11.5 M 550 M BELOW ZONES 5B4-5M4-5NE ON CHIMO MINE PROJECT; ILLUSTRATING THE POTENTIAL FOR RESOURCE EXPANSION

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Cartier Resources Inc. has noted values of 7.1 grams per tonne (g/t) gold (Au) over 11.5 metres (m), including 22.0 g/t Au over two m intersected at a distance of 550 m below Zone 5B4-5M4-5NE of the Chimo mine gold property located 45 kilometres (km) east of Val d’Or, Que.

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Highlights:

• 7.1 g/t Au over 11.5 m, including 22.0 g/t Au over two m, 550 m below Zone 5B4-5M4-5NE, demonstrating the continuity of mineralisation to a depth of 1.3 km;
• The Dec. 17, 2019, resource estimate showed Zone 5B4-5M4-5NE having 28,400 ounces of gold in the indicated resource category and 137,140 ounces of gold in the inferred resource category;
• The results of this press release illustrate the potential for expansion, at depth, of the resources estimated for Zone 5B4-5M4-5NE over an additional distance of at least 550 m.

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Values of seven g/t Au over two m, included within a section grading 2.6 g/t Au over 16.1 m, were also obtained 300 m below Zone 5B4-5M4-5NE. The continuity of mineralisation makes it possible to plan drill targets over long distances and repeat the intersections.

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“The potential for resource expansion is open in all directions below the new Zones 5B4-5M4-5NE, testifying to the importance of the mineralised system and its continuity,” commented Philippe Cloutier, president and chief executive officer.