Cartier Resources Inc. (TSXV: ECR, FSE: 6CA) (“Cartier or the Company”) announces drill results in the Portal area, on the East Cadillac property, 100% owned by Cartier and located 45 km east of the Val-d’Or mining camp.
Highlights:
- The boreholes intersected:
- a gold value of 241.0 g/t Au over 0.6 m included in 35.3 g/t Au over 4.4 m, 250 m north of the Portal Gold Zone (FIGURE and Table 1 below);
- gold-bearing intersections grading 13.7 g/t Au over 0.5 m included in 4.7 g/t Au over 4.5 m and 5.9 g/t Au over 1.5 m, located a few metres from the Portal exploration ramp (Table 2 below);
- The two drills, completing the 2024 29,000 m exploration drilling program (164 holes), have discovered 5 new high-grade gold zones on the East Cadillac property to date and exploration is ongoing (FIGURE).
“The results, obtained north of the Portal Zone, suggest the presence of a second high-grade gold structure in this area,” commented Philippe Cloutier, President and Chief Executive Officer.
Table 1: New Results from the Intersection North of the Portal Gold Zone
Drilling | UTM Coordinates (m) | Azimuth (°) / Diving (°) | From (m) | To (m) | Au (g/t) | Length (m) |
CH24-197 | 330398/ 5320455/ 336 | 52/-56 | 166,3 | 166,9 | 241,0 | 0,6 |
Included in | 164,3 | 168,7 | 35,3 | 4,4 |
The lengths of the mineralized intersections are expressed in lengths measured along the drill core.
The estimated true width of the mineralized intersections represents approximately 20% of the measured length.
Table 2: New Results from the Portal Gold Zone
Drilling | UTM Coordinates (m) | Azimuth (°) / Diving (°) | From (m) | To (m) | Au (g/t) | Length (m) |
CH24-191 | 330299/ 5320411/ 337 | 182/-63 | 201,5 | 202,0 | 13,7 | 0,5 |
Included in | 198,5 | 203,0 | 4,7 | 4,5 | ||
CH24-190 | 202/-73 | 217,1 | 218,6 | 5,9 | 1,5 |
The lengths of the mineralized intersections are expressed in lengths measured along the drill core.
The estimated true width of the mineralized intersections represents approximately 65% to 75% of the measured length.
Table 3: Portal Gold Zone’s Past 2024 Results
Drilling | UTM Coordinates (m) | Azimuth (°) /Dive (°) | From (m) | To (m) | Au (g/t) | Length (m) |
CH24-186 | 330304/ 5320309/ 337 | 161/-45 | 56,0 | 64,0 | 7,2 | 8,0 |
Including | 56,0 | 58,0 | 11,0 | 2,0 | ||
And | 62,0 | 64,0 | 12,5 | 2,0 | ||
And | 62,0 | 62,5 | 26,2 | 0,5 | ||
CH24-188 | 330299/ 5320411/ 337 | 181/-46 | 153,8 | 154,3 | 7,2 | 0,5 |
The lengths of the mineralized intersections are expressed in lengths measured along the drill core.
The estimated true width of the mineralized intersections represents approximately 85 to 95% of the measured length.
Table 4: Best Historical Results for the Portal Gold Zone
Drilling | UTM Coordinates (m) | Azimuth (°) /Dive (°) | From (m) | To (m) | Au (g/t) | Length (m) |
07-86-02 | 330267/ 5320398/ 336 | 180/-48 | 141,7 | 142,1 | 18,5 | 0,4 |
07-87-05 | 330326/ 5320268/ 337 | 180/-49 | 11,0 | 11,5 | 15,0 | 0,5 |
Inclus dans | 11,0 | 14,4 | 5,0 | 3,4 | ||
07-86-04 | 330269/ 5320556/ 335 | 180/-47 | 282,7 | 285,9 | 2,9 | 3,2 |
The lengths of the mineralized intersections are expressed in lengths measured along the drill core.
The estimated true width of the mineralized intersections represents approximately 85% to 95% of the measured length.
Quality Assurance / Quality Control
Cartier inserts 5% of the number of samples in the form of certified standards and another 5% in the form of sterile samples in the form of quality control in the batches of samples sent to the laboratory. The samples are analyzed at the Techni-Lab (Actlabs), located in Ste-Germaine-Boulé, Quebec, Canada. Samples of 3 to 5 kg are crushed by the laboratory up to 90% passing a mesh of 10 mesh (2.00 mm) and then 500 g of sample is pulverized up to 90% passing a mesh of 200 mesh (0.07 mm). The 50 g pulps are analyzed by fire assay and are read by atomic absorption. Samples with results ≥ 1.0 g/t and < 10.0 g/t are assayed a second time by fire assay and read by atomic absorption. Results greater than or equal to 10.0 g/t Au are analyzed by fire assay with gravimetric reading. For samples containing visible gold, 500 g of rock are analyzed by the “Metallic Sieve” method.
Personnes qualifiées
The Company’s scientific and technical information contained in this press release was prepared and reviewed by Mr. Gaétan Lavallière, P.Geo., Ph.D., Vice-President and Mr. Ronan Déroff, P.Geo., M.Sc., Senior Geologist, Project Manager and Geomatician, Qualified Persons within the meaning of NI 43-101. Mr. Lavallière approved the information contained in the press release.
About Cartier Resources Inc.
Cartier Resources Inc., which was founded in 2006, is an exploration company based in Val-d’Or, Quebec, Canada. The projects are all located in Quebec, which consistently ranks among the best mining jurisdictions in the world. Cartier is actively advancing the development of its flagship East Cadillac Project and is looking for business partners for its other projects. The Company has significant corporate and institutional support, including Agnico Eagle Mines, O3 Mining and Quebec investment funds.
For more information, contact: Philippe Cloutier, P.Geo.President |
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