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Cartier Silver Outlines an 800m by 500m Epithermal Silver Polymetallic Target on Gonalbert Property, Potosi Department, Southern Bolivia
Gonalbert is underlain by a dacitic intrusive dome approximately 1,300m by 600m which hosts epithermal Ag-Pb-Zn mineralization along structures that are exposed
About this update from Cartier Silver Corporation
[{"type":"text","content":" Gonalbert is underlain by a dacitic intrusive dome approximately 1,300m by 600m which hosts epithermal Ag-Pb-Zn mineralization along structures that are exposed in a number of historical and recent artisanal workings and trenches. An IP chargeability anomaly surrounding the structures covers an area of 800m by 500m and extends to a depth of at least 400m, the depth limit of the survey. The chargeability anomaly becomes stronger, especially at depths greater than 100m, below a depleted, near-surface zone where sulphide mineralization has been extensively oxidized. Drilling to test this anomaly will commence shortly. TORONTO, June 07, 2023 (GLOBE NEWSWIRE) -- Cartier Silver Corporation (CSE:CFE) (“Cartier Silver” or the “Company”) is pleased to announce that geophysical and geological work by the Company has outlined an epithermal silver polymetallic target over an area of 800m by 500m on the Gonalbert Property, which forms part of the Los Chorrillos (Gonalbert-Felicidad) Silver Project (“Los Chorrillos” or the “Project”), in the Potosí Department, southern Bolivia, held by Minera Cartier Bolivia S.R.L., Cartier Silver’s Bolivian subsidiary (Figure 1). This program follows recommendations contained in the “Property of Merit” technical report dated May 5, 2023, authored by Micon International Limited (“Micon”), which is filed on SEDAR and available on the Company’s website, www.cartiersilvercorp.com (see Cartier Silver’s press release dated May 9, 2023). Tom Larsen, Cartier Silver’s CEO, commented: “We are very pleased with the results from our initial geophysical and geological work that has outlined an 800m by 500m target area for epithermal Ag-Pb-Zn mineralization on Gonalbert. Drilling to test this anomaly will commence shortly. Surveys are also in progress at the neighbouring Felicidad property.” Geologically, the property is underlain by Ordovician sedimentary rocks that have been intruded by a Miocene dacitic dome which includes tuffs, breccias and intrusive dacite. The intrusion, which is approximately 1,300m by 600m wide (Figure 2), hosts epithermal Ag-Pb-Zn mineralization along structures cutting this intrusion. Until recently, an artisanal mining operation was active near the intersection of two major faults, with a small plant processing approximately 20 t/day. The head grade was reported to be around 180 g/t Ag, yield...