Cartier cuts 7.2 g/t Au over 8.0 m at the new Portal Zone on the East Cadillac Property
30 Oktober 2024 - 12:00PM
Cartier Resources Inc. (TSXV: ECR, FSE: 6CA)
("Cartier" or the "Company") reports high-grade gold results from
the new Portal Zone at its 100%-owned East Cadillac property. The
latter is located 45 km east of the Val-d’Or mining camp.
Highlights
- The 28,000-m (174 drill
holes) ongoing exploration drill program continues to
deliver high-grade gold results on the East
Cadillac property (FIGURE).
- Drilling intersected a new high-grade gold zone,
located near surface and a few meters from the entrance to the
Portal exploration Ramp (Tables 1 and 2
below):
- 7.2 g/t Au over 8.0 m including 12.5
g/t Au / 2.0 m and 26.2 g/t Au / 0.5 m
- Since March 5, 2024, drilling has discovered 5 new
high-grade gold Zones on the East Cadillac property
(FIGURE).
- Two drill rigs continue to explore high-grade gold targets
along the regional Larder Lake - Cadillac Fault Zone.
“The results from the Portal gold Zone confirm
historical high-grade gold results” commented Philippe Cloutier,
President and CEO, adding “in 2024, 5 high-grade gold zones have
been discovered over 8 km of the Larder Lake - Cadillac Fault Zone,
on the East Cadillac property.”
Table 1: Details of the new
high-grade gold results of the new Portal Zone
Hole |
Coordinates UTM (m) |
Azimuth (°) / Plunge (°) |
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 as measured lengths along the drill core. The estimated
true widths of the mineralized intersections are approximately 85
to 95% of the reported lengths.
Table 2: Details of the highest
historical drill results of the new Portal Zone
Hole |
Coordinates UTM (m) |
Azimuth (°) / Plunge (°) |
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 |
Included within |
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 as measured lengths along the drill core. The estimated
true widths of the mineralized intersections are approximately 85%
to 95% of the reported lengths.
Quality Assurance / Quality
Control
For each batch of samples sent to the
laboratory, Cartier inserts 5% of the number of samples in the form
of certified standards and another 5% in the form of blanks to
ensure quality control. The samples are analyzed at the Techni-Lab
(Actlabs) laboratory in Ste-Germaine-Boulé, Québec, Canada. Samples
weighing 3 to 5 kg are crushed by the laboratory to 90% passing 10
mesh (2.00 mm), then a 500 g fraction of each sample is
pulverized to 90% passing 200 mesh (0.07 mm). The resulting 50
g pulps are analyzed by fire assay with an atomic absorption
finish. Samples with results ≥ 1.0 g/t and < 10.0 g/t are
re-assayed by fire assay with an atomic absorption finish. Results
greater than or equal to 10.0 g/t Au are analyzed by fire assay
with a gravimetric finish. For samples containing visible gold, a
500 g subsample of rock is analyzed by the metallic sieve
method.
Qualified Persons
The Company’s scientific and technical
information in this news 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, both qualified persons as defined in National
Instrument 43 101. Mr. Lavallière approved the information
contained in this press release.
About Cartier Resources Inc.
Founded in 2006, Cartier Resources Inc. is an
exploration company based in Val-d’Or, Québec, Canada. The
Company’s projects are located in Québec, which consistently ranks
among the world’s best mining jurisdictions. 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 provincial investment
funds.
For more information, contact: Philippe
Cloutier, P.Geo. President and CEO Telephone: 819-856-0512
philippe.cloutier@ressourcescartier.com
www.ressourcescartier.com
Neither the TSX Venture Exchange nor its
regulatory services provider accepts responsibility for the
adequacy or accuracy of this press release.
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/59042094-0ecc-4625-8605-0ba9df847a21
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