Cartier Cuts 6.6 g/t Au over 13.0 m Along Depth Extension of Zone 6N1 Doubling Resource Potential Near Mine Infrastructure
Highlights:
The great thing about brownfield exploration is that you know the gold is there. All the more so if you are exploring in one of Canada’s greatest gold districts, the Abitibi and the Val-d’Or Mining Camp.
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.
We’re posting our friend Philippe Cloutier’s Cartier Resources (V.ECR) Talk-Deck Presentation.
Cartier Resources Inc. (TSX-V: ECR) (“Cartier” or the Corporation) announces that it now has data which confirm the presence of gold mineralization within 20 drill holes completed between 1.0 and 1.6 km at the Chimo Mine project, located 45 km east of Val-d’Or. All holes intersected gold mineralization similar to that at Chimo Mine, to which are added the following new results: 4.7 g / t Au over 5.0 m included within 1.8 g / t Au over 16.6 m and 3.6 g / t Au over 4.0 m included 1.3 g / t Au over 17.4 m (FIGURE).
The great thing about “brownfields” exploration is what could be called predictable success. If you are drilling next to the shaft of a mine which was a successful gold producer it is a pretty good bet that you will hit mineralized rock.
VAL D’OR, Quebec, Aug. 30, 2018 (GLOBE NEWSWIRE) — Cartier Resources Inc. (TSX-V: ECR) (“Cartier” or the Corporation) announces the launch of its newly revamped website. The new website has been live for a few days now and is located at the same address: http://ressourcescartier.com.
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.
Cartier Resources Inc. (TSX-V:ECR) (“Cartier” or the Corporation) is pleased to announce that it has intersected 8.5 g/t Au over 3.5 m, 205 m beneath the deepest stope at the former Chimo Mine, located 45 km east of Val-d’Or. These new results were intersected at a depth of 1,050 m along the depth extensions of gold-bearing zones 5 which produced 2/3 of the ounces mined. The intersection is the first from an 8,000-m deep drilling program which is part of the ongoing 34,000-m drill program on the property.
When the gold price crashed to less than $300 an ounce in the late 1990s many gold mines in Canada went into “care and maintenance”. And when that price failed to recover these mines were, effectively abandoned.