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Cartier Resources Inc.
Summary
| Project: | Chimo Mine | |
|---|---|---|
| Deposit: | 5NE Zone | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 11/7/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 7-11-2017: Cartier Resources Inc. announces an Exploration/Drilling Update report for its 5NE Zone deposit at the Chimo Mine project. Drilling results incl. 0.9m @ 26.4g/t Au from 433.1m. Val-d’Or, November 7th, 2017 – Cartier Resources Inc. (TSX-V: ECR) | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Gaetan Lavalliere (Internal) | |
| ABSTRACT: | Val-d’Or, November 7th, 2017 – Cartier Resources Inc. (TSX-V: ECR) ("Cartier") is pleased to announce results of the 5NE Zone from its 25,000-m ongoing drill program on the Chimo Mine property, located 45 km east of Val-d'Or. The 5NE Zone (5N Structure) was intersected 50 m north of the 5M4 Zone (5M Structure) (FIGURE). The best results are: 26.4 g/t Au over 0.9 m included within 7.6 g/t Au over 3.3 m and 5.4 g/t Au over 1.0 m included within 2.9 g/t Au over 2.4 m (refer to Table below). These results add to those announced on October 24th from the 5M4 Zone. The latter, situated 700 meters east of the shaft returned: 7.3 g/t Au over 2.2 m included within 2.0 g/t Au over 14.1 m and 5.8 g/t Au over 2.4 m included within 1.5 g/t Au over 14.0 m. Two new structures, 3E1 and 5BS1, were also intersected (FIGURE). The 3E1 Zone (3 Structure) was intersected 100 m north of the 5NE Zone. The best results returned: 12.5 g/t Au over 1.0 m included within 2.2 g/t Au over 7.3 m (refer to Table below). This intersection is also located approximately 100 m west of a previous drill hole intersection of 44.7 g/t Au over 1.5 m (Société Minière Louvem, 1984). The 5BS1 Zone (5BS Structure) returned 0.9 g/t Au over 9.4 m and 0.5 g/t Au over 17.4 m, which suggests that greater volumes of lower grade mineralization can be found peripheral and/or near to the higher-grade gold-bearing zones. | |
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