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Cartier Cuts 86.1 g/t Au over 1.5 m at Chimo Mine
VAL-D'OR, Quebec, June 28, 2018 (GLOBE NEWSWIRE) -- Cartier Resources Inc. (TSX-V:ECR) ("Cartier" or the Corporation) announces new results from it’s ongoing 33
About this update from Cartier Resources Inc.
[{"type":"text","content":" VAL-D'OR, Quebec, June 28, 2018 (GLOBE NEWSWIRE) -- Cartier Resources Inc. (TSX-V:ECR) (\"Cartier\" or the Corporation) announces new results from it’s ongoing 33,000-m drill program on the Chimo Mine project, located 45 km east of Val-d'Or. An intersection grading 86.1 g/t Au over 1.5 m was intersected at a depth of 450 m (FIGURE) along the Zone 6C extension (Structure 6C). Additional intersections grading 10.3 g/t Au over 1.0 m included within 2.8 g/t Au over 4.0 m and 7.6 g/t Au over 1.0 m included within 4.3 g/t Au over 2.0 m were also intersected along the extension of Zone 2W. The new results are associated with the zones presented in the table below. Drill Hole From(m) To(m) Length (m) Au(g/t) Gold Zone Gold Structure CH18-35 444.0 445.5 1.5 86.1 6C 6C CH18-43 243.3 244.3 1.0 7.6 2W 2 Included within 243.3 245.3 2.0 4.3 CH18-44 297.0 298.0 1.0 10.3 Included within 297.0 301.0 4.0 2.8 CH18-30 259.8 260.3 0.5 12.2 6B 6B Included within 253.0 260.3 7.3 1.3 CH18-41 342.0 343.0 1.0 5.4 4B 4B Included within 339.5 348.0 8.5 1.1 Lengths are expressed along drill core axis. The true thickness was not determined. « The drill program has been ongoing since July 2017 and results to date have led to the planning of Phase II which should commence shortly » commented Philippe Cloutier, President and CEO of Cartier. All other analytical results from the three drills operating on the Chimo Mine property are pending. The reader should view the 3D VIDEO, available on Cartier’s website. The 3D video helps visualize the different gold-bearing structures on the Chimo Mine property as well as key components that are the mine infrastructures, the gold-bearing zones, the gold intersection areas left unmined as well as the 281 targets of the ongoing drill program. The 5M, 5B, 5BS and 5M2 structures are shown in the video. Chimo Mine Project Highlights The Chimo Mine produced 379 012 ounces of gold (MERN DV 85-05 to DV-97-01). Cartier owns 100% interests of the property. Year-round access by road, proximal to custom mills. Gold ore was mined intermittently from 14 zones by 3 different producers from 1964 to 1997. Mine infrastructure consists of a network of drifts distributed on 19 levels, 80 m to 870 m deep, connected by a 3-compartment shaft 965 m deep. The headframe and surface facilities were disma...