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Cartier Resources Files NI 43-101 Technical Report on SEDAR for Resource Estimate of the Pusticamica Gold Deposit on the Benoist Property
VAL-D’OR, Quebec, Jan. 29, 2021 (GLOBE NEWSWIRE) -- Cartier Resources Inc. (TSX-V: ECR) ("Cartier") announces that it has filed on SEDAR the technical report ti
About this update from Cartier Resources Inc.
[{"type":"text","content":" VAL-D’OR, Quebec, Jan. 29, 2021 (GLOBE NEWSWIRE) -- Cartier Resources Inc. (TSX-V: ECR) (\"Cartier\") announces that it has filed on SEDAR the technical report titled \" NI 43-101 Technical Report and Mineral Resource Estimate for the Benoist Property, Québec, Canada \", bearing the date of signature of the January 28th 2021. The NI 43-101 compliant report, completed by InnovExplo Inc. for Cartier, includes mineral resource estimate for the Pusticamica Gold Deposit (FIGURE 1) of the Benoist Property, located 70 km northeast of Lebel-sur-Quévillon in the province of Québec. The report is available on SEDAR and on the Company's website. Highlights of the Benoist property: • As reported in the December 17, 2020 press release, the resource estimate for the Pusticamica Gold Deposit on the Benoist Property was produced using a gold price of US $ 1,610 per ounce and a cut-off grade of 1.5 g/t AuEq: 1,455,400 tonnes at an average grade of 2.87 g/t AuEq for a total of 134,400 ounces of gold in the indicated resource category; 1,449,600 tonnes at an average grade of 2.30 g/t AuEq for a total of 107,000 ounces of gold in the inferred resource category. • The current controlled directional drilling program consists of 4 phases totaling approximately 30,000 m. These phases are as follows: Phase I: Delimit by drilling the extension of the mineralization of the Pusticamica deposit between 350 and 650 m depth; Phase II: Delimit by drilling the extension of the mineralization of the Pusticamica deposit between 650 m and 1,300 depth; Phase III: Explore the potential peripheral to the Pusticamica deposit to discover additional deposits. A total of 5 potential sectors will be drilled. The targets, located between 150 and 450 m, consist of \"OreVision IP\" - type anomalies, with a geophysical signature similar to that of the Pusticamica deposit. All of these anomalous sectors are found inside the Favorable Auriferous Corridor known over a strike length of 2,200 m. Three of these anomalous sectors are directly located in the eastern and western extensions of the Pusticamica deposit (FIGURE 2). Phase IV: Define the upper part (30 m to 350 m) of the deposit to increase the resources and collect mineralization aimed at carrying out technical tests to optimize the value of the project from the metallurgi...