Cartier Publishes its First Mineral Resource Estimate of the Central Gold Corridor on the Chimo Mine property
Highlights:
Tag: Chimo mine
Cartier Awards Mandate for NI 43-101 Resource Estimate on Chimo Mine Project
Cartier Resources Inc. (TSX-V: ECR) (“Cartier”) has awarded GeoPointCom the mandate to complete an initial resource estimate and a supporting NI 43-101 technical report for its 100% owned flagship Chimo Mine gold project located 45 kilometers east of Val-d’Or, Quebec.
Cartier Purchases NSR Royalty for Chimo Mine Property
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 Cuts 5.6 g/t Au over 8.5 m in Zone 5M4 at Chimo Mine
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 Cuts 7.7 g/t Au over 3.6 m in Zone 6N1 at Chimo Mine
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.
Phase III Drilling Targets to Expand Zones on Chimo Mine Project
•Current Phase III drilling is focussed on expanding the dimensions of gold-bearing Zones 5NE, 5M4 and 6N1 as they are proximal to existing mine infrastructuresCartier Resources Inc. (TSX-V: ECR) (“Cartier”) reports that Phase II drilling has been completed and that a Phase III has commenced on the Chimo Mine property, located 45 km east of Val-d’Or.
Cartier Resources: Stepping out from the Headframe
The great advantage of a brownfields project, within the shadow of a previous mine’s headframe, is you are almost certain to find gold. But is that enough?