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Cartier Resources and SOQUEM Intersect 29.6 g/t Au over 2.0 m and Doubles the Extension at Depth of the Fenton Deposit
VAL-D'OR, Quebec, June 05, 2018 (GLOBE NEWSWIRE) -- Cartier Resources Inc. (TSX-V:ECR) ("Cartier") is pleased to announce the results of the 7,814 m drilling ca
About this update from Cartier Resources Inc.
[{"type":"text","content":" VAL-D'OR, Quebec, June 05, 2018 (GLOBE NEWSWIRE) -- Cartier Resources Inc. (TSX-V:ECR) (\"Cartier\") is pleased to announce the results of the 7,814 m drilling campaign on the Fenton property, located 50 km southwest of Chapais. The new results (TABLE) were intersected up to a depth of 625 m along the geometric extent of the Fenton gold deposit, where a historical resource estimate of 63,885 ounces (D. Chénard, Datac Géo-Conseil Enrg., 2000) is reported. These results extend the gold potential up to 340 m below the Fenton deposit (FIGURE). The property is 50% owned by SOQUEM and 50% owned by Cartier. The new results below the Fenton deposit include intersections of 29.6 g/t Au / 2.0 m included within a 20.0 m section grading 3.4 g/t Au also included within a section 64.7 m-wide grading 1.5 g/t Au. The Dyke Zone, located 100 m to the north, also extends at depth with a geometry and characteristics similar to the Fenton deposit (FIGURE) (8.1 g/t Au / 2.0 m included within a section of 11.0 m grading 3.8 g/t Au, also included within a 25.0 m wide interval grading 2.1 g/t Au was reported in a press release dated January 31, 2018). The Fenton deposit and the Dyke zone therefore consist of high grade intersections within wider gold bearing envelopes. Drill Hole From (m) To (m) Length (m) Au (g/t) Gold Zone 1354-17-17 556.0 558.0 2.0 29.6 Fenton and 517.0 519.2 2.2 4.5 Included within 556.0 576.0 20.0 3.4 Included within 512.3 577.0 64.7 1.5 1354-17-24 666.0 667.0 1.0 8.2 Included within 660.0 671.0 11.0 1.1 1354-17-16 509.9 511.9 2.0 3.2 Included within 508.4 517.4 9.0 0.9 1354-17-20 366.0 367.0 1.0 11.6 Dyke Included within 365.0 367.0 2.0 7.4 1354-17-17 405.6 406.6 1.0 12.1 Included within 405.6 438.2 32.6 0.9 The lengths are expressed in drill core length. True thickness was not estimated. \"These significant results continue to define the geometry to be explored for the Fenton deposit and the Dyke Zone and increase the potential for a gold resource,\" commented Philippe Cloutier, President and CEO of Cartier. About CartierCartier Resources was founded in 2006 and is based at Val-d'Or, Quebec. Quebec has consistently ranked high as one of the best mining jurisdictions in the world primarily based on its mineral rich geology, attractive tax environment and pro-mining government. In 201...