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Cartier Resources Adds New 3E1 Gold Zone to East Chimo Mine Sector
VAL-D’OR, Quebec, Nov. 15, 2022 (GLOBE NEWSWIRE) -- Cartier Resources Inc. (TSX-V: ECR) (“Cartier”) announces work progress on the Chimo Mine Project through, a
About this update from Cartier Resources Inc.
[{"type":"text","content":" VAL-D’OR, Quebec, Nov. 15, 2022 (GLOBE NEWSWIRE) -- Cartier Resources Inc. (TSX-V: ECR) (“Cartier”) announces work progress on the Chimo Mine Project through, among other things, drill results of its ongoing drilling program on the Chimo Mine property and contiguous West Nordeau deposit of the East Cadillac property. Both properties, 100% owned by Cartier, are located 45 km east of the Val-d’Or mining camp. The results available from the laboratory to date for the current drilling program are as follows: In the East Chimo Mine Sector, one of the holes intersected 9.1 g/t Au over 1.0 m included in 4.5 g/t Au over 2.5 m also included in 2.0 g/t Au over 6.0 m (FIGURE). These results (Table 1) are located on the 3 Gold Structure which has also been intersected by other drill holes of the program as well as by historical drilling (Table 2), thereby defining, by their number and their geometric distribution, the 3E1 Gold Zone. The 3E1 Zone is now the fourth gold zone comprising the East Chimo Mine Sector. In the West Nordeau Deposit Sector the, 5NE1 Gold Zone returned values of 9.6 g/t Au over 1.0 m included in 3.3 g/t Au over 4.6 m were intersected in the 5NE1 Gold Zone of the West Nordeau deposit (FIGURE and Table 1). These values, located at a depth of 800 m, add to the drill results which constitute the resources* of the West Nordeau deposit. The Chimo Mine Project now consists of 29 gold zones that are situated within 19 gold structures, drilled over a strike length of 3.7 km and locally up to a depth of 1.6 km (FIGURE) where the recent mineral resource estimate, dated August 22, 2022*, reported: 7,128,000 tonnes at an average grade of 3.14 g/t Au for a total of 720,000 ounces of gold in the Indicated category and; 18,475,000 tonnes at an average grade of 2.75 g/t Au for a total of 1,633,000 ounces of gold in the Inferred category. * NI 43-101 Mineral Resources Estimate for Chimo Mine and West Nordeau Gold Deposits, Québec, Canada, Vincent Nadeau-Benoit, P.Geo., Alain Carrier, P.Geo., M.Sc. and Marc R. Beauvais, P.Eng., InnovExplo Inc., August 22nd, 2022. The drilling programs planned to date, which are presented in the FIGURE of this press release and, which includes the current program, aim to increase the current resources of the project by 650,000 ounces of gold. As well, an additional drilling program in preparation will ai...