Cartier Resources (TSX.V: ECR)
Announced the results of its ongoing drilling program for the Chimo Mine Project
The highlight was 13.2 g/t Au / 2.3 m including 46.1 g/t Au / 0.5 m.
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| Cartier Resources | TSX.v : ECR |
| Stage | Exploration |
| Metals | Gold |
| Market cap | C$26.5 m @ 9.5 cents |
| Location | Quebec, Canada |
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CARTIER CUTS 13.2 G/T AU OVER 2.3 M IN THE VG ZONE OF THE CHIMO MINE PROJECT
Val-d’Or, March 12, 2024–Cartier Resources Inc.(TSXV: ECR) (“Cartier” or the “Company”) announces the results of its ongoing drilling program for the Chimo Mine Project (FIGURE 2).
The project comprises the Chimo Mine and East Cadillac properties, the latter of which was acquired on April 7, 2022.
Cartier began exploring this new area of the project in 2024. Both properties are 100% owned by Cartier and are located 45 km east of the Val-d’Or mining camp.
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Highlights
The results were obtained in the VG Zone at depths of 35 and 45 m, respectively. High gold grades are also present 275 m to the west and 550 m to the east of the VG Zone, defining the VG Structure along a strike length of 850 m.
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New results from the VG Zone:
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- 13.2 g/t Au / 2.3 m including 46.1 g/t Au / 0.5 m
- 7.5 g/t Au / 2.0 m including 20.6 g/t Au / 0.5 m
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Philippe Cloutier, President and Chief Executive Officer commented;
« This third set of high-grade results from the VG Structure since August 2023 puts us on track to start a new drilling phase on the VG Zone to further increase its size and continue the search for other gold zones along the prospective 15 km strike of the project »
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To read the full news release, please click HERE
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Disclosure
At the time of writing the author holds no shares in Cartier Resources
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