Cartier Resources Inc. (TSX-V: ECR) reports it has purchased from Louvem Mines Inc. a 2% NSR (Net Smelter Return) royalty for the Chimo Mine property, located 45 km east of Val-d’Or, in consideration for a purchase price of CDN $350,000.
Cartier Resources Inc. (TSX-V: ECR) (“Cartier”) reports drill results grading 5.6 g/t Au over 8.5 m including 9.9 g/t Au over 3.0 m and 8.3 g/t Au over 2.5 m. These intersections are hosted within in a mineralized envelope over 27.8 m grading 2.5 g/t Au in Zone 5M4 of the Chimo Mine property, located 45 km east of Val-d’Or (FIGURE).
Cartier Resources Inc. (TSX-V: ECR) (“Cartier”) reports drill results grading 7.7 g/t Au over 3.6 m included within a 17.1 m section grading 2.8 g/t Au. in the Zone 6N1 of the Chimo Mine property, located 45 km east of Val-d’Or.
At the request of IIROC, the Company wishes to retract and clarify certain disclosure in its January 15, 2019 news release. Specifically, the disclosure “doubling resource potential” is a violation of NI 43-101, 2.3(1)(a) – Restricted Disclosure, as “resource potential” is not a recognized term for Canadian securities legislation, nor can “resource potential” be “doubled” and is therefore misleading. All references to “resource potential” and “doubling resource potential” are retracted. The drill results disclosed in the news release should have been disclosed as exploration results and are accordingly clarified in this release.
Cartier Resources Inc. (TSX-V: ECR) (“Cartier”) reports additional drill hole intersections grading 14.6 g/t Au over 3.0 m including 36.8 g/t Au over 1.0 m, 450 m below the Chimo Mine (FIGURE). These higher-grade sections are included within a section grading 5.8 g/t Au over 10.0 m included within an interval of 44.0 m grading 2.2 g/t Au. The Chimo Mine project is situated 45 Km east of Val-d’Or within the prolific Val-d’Or Mining Camp. Results continue to confirm the robustness of the gold system below the former mine.
Cartier Resources Inc. (TSX-V: ECR) (“Cartier” or the Corporation) announces that it is launching an expanded and potentially “game changer” Phase II drill program on its Chimo Mine project, located 45 km east of Val-d’Or, Quebec.
Enforcer Gold Corp (“Enforcer” or the “Company”) (TSX-V: VEIN – FSE: N071) is pleased to report on the preliminary results from evaluating historical drill data on the Mop-II gold-copper deposit. The Mop-II was historically explored as a higher-grade, vein type deposit; however, a review of the data indicates there is significant potential to define a high-tonnage, lower-grade deposit that could be evaluated for its bulk mineable potential.