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Cartier Resources Cuts 4.0 g/t Au over 6.8 m in 5NE Zone on Chimo Mine Property
VAL-D’OR, Quebec, March 02, 2023 (GLOBE NEWSWIRE) -- Cartier Resources Inc. (TSX-V: ECR) (“Cartier”) announces drill results in the East Chimo Mine Sector, loca
About this update from Cartier Resources Inc.
[{"type":"text","content":" VAL-D’OR, Quebec, March 02, 2023 (GLOBE NEWSWIRE) -- Cartier Resources Inc. (TSX-V: ECR) (“Cartier”) announces drill results in the East Chimo Mine Sector, located at the midpoint of 450 m between the Chimo Mine and West Nordeau sectors (FIGURE 1). The results are located on the Chimo Mine Property, 100% owned by Cartier, which is located 45 km east of the Val-d'Or mining camp. The new results available from the current drill program are as follows (FIGURE 1): In the 5NE Gold Zone, drilling intersected 4.0 g/t Au over 6.8 m including 24.8 g/t Au over 0.5 m; all of which is included within a 13.5 m interval grading 2.6 g/t Au. In the 5B4 Gold Zone, drilling intersected 2.0 g/t Au over 15.6 m including 5.8 g/t Au over 1.5 m. In the 2 Gold Structure, drilling intersected 17.4 g/t Au over 1.0 m. Detailed results are presented in the table below. « These results add to the gold zones of the “East Chimo Mine” Sector and confirm the continuity of the mineralization which is in line with the objective of increasing the resources for the project » commented Philippe Cloutier, President and CEO. Recall that 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 2) 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. Table: Detailed information of new results: Drill Hole CoordinatesUTM (°) Azimut (°)/Plunge (°) From(m) To(m) Au(g/t) Length(m) Gold Zone Gold Structure CH22-62 332709/5320021/369 214/-77 583.0 596.5 2.6 13.5 5NE 5N Including 587.8 594.6 4.0 6.8 Including 587.8 588.3 24.8 0.5 CH22-62 332709/5320021/369 214/-77 660.0 675.6 2.0 15.6 5B4 5B Included within 663.5 665.0 5.8 1.5 CH22-63 330061/5319881/-25 184/-63 469.0 470.0 17.4 1.0 - 2 The lengths of the mineralized intersections are expressed as lengths mea...