Cartier Resources (TSX.V: ECR)
Announced high grade channel sampling results from the 2021 exploration program at the 100 % owned Fenton gold property located 50 km southwest of Chapais, Quebec, Canada.
This included 27/4 gpt gold over 8 metres. […]
|Cartier Resources||TSX.v : ECR|
|Market cap||C$37 m @ 17 cents|
CARTIER CUTS 27.4 G/T AU OVER 8.0 M ON THE FENTON PROPERTY
Val-d’Or,January 18th,2022– Cartier Resources Inc. (TSX-V: ECR) (“Cartier”) is pleased to announce high grade channel sampling results from the 2021 exploration program at the 100 % owned Fenton gold property located 50 km southwest of Chapais, Quebec, Canada.
- Channel sections with grades up to 69.1 g/t Au / 2.0 m;
- Confirmed the Fenton gold Structure geometry over 325 m in length by 15 to 25 m in width;
- 29.6 g/t Au / 2.0 m, cut to 550 m depth under the Fenton gold Structure, by historical drill hole;
- Geophysical surveys results expected soon in preparation for drill target generation.
Cartier Resources management comments
“ In 2021 we acquired 100% of the Fenton property and completed the review of the historical data as well as completing a focussed channel sampling program and a geophysical program.
“These results are an excellent start for 2022 as they continue to build our understanding of the gold mineralization and orient future exploration work for expanding known gold mineralization and new discoveries.”
Philippe Cloutier, President and CEO.
Results from the channel sampling program at the Fenton gold property (see November 29th, 2021 news release for information) carried out in November 2021 have been received by Cartier.
The Fenton gold Structure has a geometry, identified to date, over 325 m in length by 15 to 25 m in width. In surface, the center of the Fenton gold Structure returned values up to69.1 g/t Au over 2.0 m, included in43.5 g/t Au over 4.0 m, also included in an interval grading 27.4 g/t Au over 8.0 m (Refer to the FIGURE and Table 1 below).
Recall that, significant historical drill intercepts had returned 29.6 g/t Au / 2.0 m included in 20.0 m grading 3.4 g/t Au also within a broad interval of 64.7 m grading 1.5 g/t Au; located at a depth of 550 m, below the channel results presented in this release.
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