Cartier Iron Provides Update on Exploration Program at Big Easy Property, Newfoundland
Cartier Iron Corporation (CSE:CFE) (“Cartier Iron”), is pleased to announce the completion of line cutting and commencement of the 56-line kilometre Induced Polarization/Resistivity Survey (“IP/Res”) at the Big Easy Property (“Big Easy”) in Newfoundland. Big Easy is located approximately 20 kilometres (km) northwest of the town of Clarenville, about 200km northwest of St. John’s. MES Geophysics of St. John’s, contractor for the IP/Res survey, has completed the detailed lines with 25m dipole spacing over the original Big Easy showing area and is progressing well on the remainder of the grid which is being covered by 50m dipole spacing. The IP/Res survey is designed to test the full 3.5 km strike length between the Big Easy and the ET showings to a depth of 200m to explore the full extent of the epithermal system. Historical diamond drill holes open to depth near the Big Easy showing offer the possibility that a downhole IP/Res survey may be used at a later date to extend the search volume even deeper.