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    gold investing

    Cartier Intersects 7.3 g/t Au Over 2.2 Meters on Chimo, Extends 5M4 Zone to a Depth of 500 m

    Written by Investing News Network
    |
    Oct. 24, 2017 08:39AM PST

    Cartier Resources Inc. (TSX VENTURE:ECR) (“Cartier”) is pleased to announce that the first results of its 25 000-m ongoing drill program on the Chimo Mine property, located 45 km east of Val-d’Or. Four drill holes, completed 700 m east of the former Chimo Mine workings and on the 5M Zone gold-bearing structure have intersected the …

    Cartier Resources Inc. (TSX VENTURE:ECR) (“Cartier”) is pleased to announce that the first results of its 25 000-m ongoing drill program on the Chimo Mine property, located 45 km east of Val-d’Or. Four drill holes, completed 700 m east of the former Chimo Mine workings and on the 5M Zone gold-bearing structure have intersected the 5M4 Zone (FIGURE). The best results are: 7.3 g/t Au/2.2 m included in 2.0 g/t Au/14.1 m and 5.8 g/t Au/2.4 m included in 1.5 g/t Au/14.0 m (see table below).
    Drill HoleFrom (m)To (m)Length (m)Au (g/t)Gold Zone
    CH17-10431.0432.01.011.15M4
    Included in429.8432.02.27.3
    Included in417.9432.014.12.0
    CH17-12538.5539.00.521.0
    Included in538.5540.92.45.8
    Included in526.9540.914.01.5
    CH17-13418.9419.70.85.7
    Included in418.9439.120.20.5
    CH17-11A484.5485.20.73.1
    Included in475.1485.210.10.8
    Lengths are expressed along drill core axis. The true thickness was not determined.

    Of the 10 drill holes completed to date of this program all have intersected the targeted gold structures. The gold bearing structures are characterized with biotite-chlorite alteration and arsenopyrite and/or pyrrhotite mineralization, smoky and/or white quartz veining with local visible gold grains. Assay results for other intersected gold structures (1A, 1B, 2, 3, 4B, 5N et 5BS) are still pending.
    «These results double the potential volume of the 5M4 Zone in this area, mineralization now extends to a depth of 500 meters » commented Philippe Cloutier, President and CEO of Cartier adding, « additional drilling is planned to further increase the size of this zone ».
    Quality Assurance / Quality Control
    All lengths, mentioned in this press release, were measured along the drill core. The NQ core samples are crushed up to 80% passing 8 mesh sieves and then pulverized up to 90% passing a 200-mesh sieve. Cartier inserts 5% of the number of samples in the form of certified standards and another 5% in the form of sterile samples to ensure quality control. The samples are analyzed at the Techni-Lab laboratory (Actlabs), located in Ste-Germaine-Boulé, Quebec. The 50 g pulps are analyzed by fire assay and atomic absorption. For samples containing visible gold, 1000 g of rock are directly analyzed by the “Metallic Sieve” method.
    The scientific and/or technical information presented in this press release has been reviewed and approved by Mr. Gaétan Lavallière, P. Geo., Ph. D. and Vice President for Cartier Resources. Mr. Lavallière is a qualified person as defined by National Instrument 43-101.
    Neither the TSX Venture Exchange nor its regulatory services provider accepts responsibility for the adequacy or accuracy of this press release.
    To view the photo associated with this press release, please visit the following link: https://www.marketwire.com/library/20171023-Cartier_800.jpg

    Cartier Resources Inc.
    Philippe Cloutier, P.Geo.
    President and CEO
    819 856-0512
    philippe.cloutier@ressourcescartier.com
    www.ressourcescartier.com
    Investor Relations:
    Relations Publiques Paradox
    514 341-0408
    gold investing
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    AGNICO EAGLE PROVIDES AN UPDATE ON YEAR-TO-DATE EXPLORATION RESULTS: DETOUR LAKE RETURNING HIGH GRADE INTERCEPTS UP TO 2 KM AWAY FROM CURRENT OPEN PIT; EAST GOULDIE DELIVERING SOLID INFILL CONVERSION RESULTS AND STEP-OUT DRILLING TO THE EAST AND WEST; HOPE BAY RETURNING WIDE HIGH GRADE INTERSECTIONS BELOW THE DORIS DEPOSIT; EXPLORATION OF AMALGAMATED KIRKLAND DEPOSIT IN KIRKLAND LAKE ADVANCING FROM SURFACE AND UNDERGROUND

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