Cartier Resources (TSX.V: ECR)
Announced 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.
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Cartier Resources | TSX.v : ECR |
Stage | Exploration |
Metals | Gold |
Market cap | C$28 m @ 8 cents |
Location | Quebec, Canada |
Website | www.ressourcescartier.com |
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Cartier Mobilizes Second Drill Rig to Advance High-Grade Gold Discovery on East Cadillac
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Val-d’Or, Québec – Octobre 1, 2024 – Cartier Resources (TSX.V: 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.
Philippe Cloutier, President and CEO commented,
“We’re excited to accelerate exploration of high-grade gold zones on East Cadillac with the second drill.
“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.”
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The live gold price can be found HERE
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Disclosure
At the time of writing the author holds no shares in Cartier Resources.
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