Cartier Resources – Drill results include 10.6 g/t AU over 6 m in the zone 5NE, at Chimo

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Cartier Resources Inc. {TSX.V: ECR}

Released drill results grading 10.6 grams per tonne gold over 6.0 metres included within 4.5 g/t Au over 21.0 m both included within a 57.0 m section grading 2.5 g/t Au.  These results are in the zone 5NE of the Chimo mine property, located 45 km east of Val d’Or, Quebec.

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Cartier Resources drills 57 m of 2.5 g/t Au at Chimo

2019-02-12 07:37 ET – News Release

Mr. Philippe Cloutier reports.

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CARTIER CUTS 10.6 G/T AU OVER 6.0 M IN NEW ZONE 5NE AT CHIMO MINE

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Cartier Resources Inc. {TSX.V: ECR} has released drill results grading 10.6 grams per tonne gold over 6.0 metres included within 4.5 g/t Au over 21.0 m both included within a 57.0 m section grading 2.5 g/t Au. As well, a section grading 7.5 g/t Au over 4.0 m is included within a 13.0 m section grading 3.2 g/t Au. All of these results are in the zone 5NE of the Chimo mine property, located 45 km east of Val d’Or.

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The new results, which are situated at a depth of 650 m, are in addition to: 12.4 g/t Au over 5.0 m included within 5.9 g/t Au over 12.0 m, recently reported by Cartier, and within a 100 m radius of the new results. The potential of this area is open in all directions. Zone 5NE is located only 25 m from the 5M4 zone and 450 m from the existing underground infrastructure at this depth.

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“The results recently obtained from zones 5NE and 5M4 will monopolize the first part of the phase 3 drill program in order to explore the continuity of the zones,” commented Philippe Cloutier, president and chief executive officer.

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The details of the new results received from the laboratory are shown in the associated table.

Drill hole                   From               To           Length               Au
                              (m)              (m)              (m)            (g/t)

CH18-52A1E                  702.0            708.0              6.0             10.6
included within             702.0            723.0             21.0              4.5
included within             698.0            755.0             57.0              2.5
CH18-52A1                   720.0            724.0              4.0              7.5
included within             711.0            724.0             13.0              3.2
included within             702.9            754.5             51.6              1.6
CH18-52A1E                  777.8            778.5              0.7             33.0
included within             777.8            798.6             20.8              2.4
CH18-52A1                   798.5            799.0              0.5             12.6
included within             774.0            799.8             25.8              1.0
 
Lengths are expressed along drill core axis. The true thickness was not determined.

The phase 2 drill program currently under way is focused on testing the potential of seven peripheral gold zones to the main cluster of zone 5. This program consists of 40 drill holes totalling 15,000 m. The reader should view the YouTube video, available on Cartier’s website. The 3-D video helps visualize the different gold-bearing structures on the Chimo mine property as well as key components that are the mine infrastructures, the gold-bearing zones, the gold intersection areas left unmined as well as the main targets of the continuing drill program.

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Chimo mine project highlights:

  • The Chimo mine produced 379,012 ounces of gold (MERN DV 85-05 to DV-97-01).
  • Cartier owns 100-per-cent interests in the property.
  • The project has year-round access by road, proximal to custom mills.
  • Gold-mineralized material was mined intermittently from 14 zones by three different producers.
  • Mine infrastructure consists of a network of drifts distributed on 19 levels, connected by a three-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.
  • A 105-hole drill program totalling 45,000 m (phases 1 and 2) has been under way since July, 2017..

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Cartier Resources Inc.

Cartier Resources was founded in 2006 and is based out of Val d’Or, Que. 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 2017, the Fraser Institute again ranked Quebec as one of the best jurisdictions in the world for investment attractiveness.

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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 per cent passing eight-mesh sieves and then pulverised up to 90 per cent passing a 200-mesh sieve. Cartier inserts 5 per cent of the number of samples in the form of certified standards and another 5 per cent in the form of sterile samples to ensure quality control.

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The samples are analysed at the Techni-Lab laboratory (Actlabs), located in Ste-Germaine-Boule, Que. The 50-gram pulps are analysed by fire assay and atomic absorption. For samples containing visible gold, 1,000 g of rock are directly analysed by the metallic sieve method.

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The scientific and/or technical information presented in this press release has been reviewed and approved by Gaetan Lavalliere, PGeo, PhD, and vice-president for Cartier Resources. Mr. Lavalliere is a qualified person as defined by National Instrument 43-101.

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