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Cartier Resources Widens Zones 5 Below Chimo Mine With 5.8 g/t Au over 4.5 m Intersection
VAL-D’OR, Quebec, Oct. 25, 2018 (GLOBE NEWSWIRE) -- Cartier Resources Inc. (TSX-V: ECR) ("Cartier") reports new drill hole intersections grading 5.8 g/t Au over
About this update from Cartier Resources Inc.
[{"type":"text","content":"VAL-D’OR, Quebec, Oct. 25, 2018 (GLOBE NEWSWIRE) -- Cartier Resources Inc. (TSX-V: ECR) (\"Cartier\") reports new drill hole intersections grading 5.8 g/t Au over 4.5 m included within 17.3 m grading 2.8 g/t Au and 5.3 g/t Au over 2.0 m included in 4.0 m grading 3.0 g/t Au between 350 and 525 m under Chimo Mine (FIGURE), situated east of Val-d'Or. The results that continue to be added, confirm that a robust gold system exists below Chimo Mine. \"These new results increase the volume of gold mineralization below the Chimo Mine to the east, increasing the potential to expand the resource,\" commented Philippe Cloutier, President and CEO. The details of the new results received from the laboratory are as follows: Drill Hole From(m) To(m) Length(m) Au(g/t) Zones 5 Cluster CH17-46BE 1,250.0 1,254.5 4.5 5.8 5M2, 5M, 5B and 5BS including 1,251.3 1,251.9 0.6 30.8 Included within 1,250.0 1,267.3 17.3 2.8 CH17-47AE 1,485.0 1,487.0 2.0 5.3 Included within 1,483.0 1,487.0 4.0 3.0 Lengths are expressed along drill core axis. The true thickness was not determined. The deep drilling program along the depth extension of the Zone 5 cluster, which produced 75% of the ounces extracted from the Chimo Mine, was completed after 11 months of drilling. The program consisted of 20 holes totaling 10,000 m from 2 pilot holes starting at the surface. All of the holes intersected gold mineralization similar to Zones 5 of the Chimo Mine. Mineralization consists of non-refractory arsenopyrite, smoky and / or whitish quartz veins, biotite, and visible gold grains. The Phase II drilling program is currently underway (August 28th 2018 press release) and aims to focus on the resource development potential of 7 peripheral gold zones to the main cluster of Zones 5. The reader should view the YouTube 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 main targets of the ongoing drill program. The gold structure and zone 6N1 is illustrated. 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 cu...