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Cartier Resources Inc.

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Summary

Project:

Chimo Mine

Deposit:Chimo Mine
Location:Canada
Commodities:Gold
Date:5/21/2020
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:21-5-2020: Cartier Resources Inc. announces an Exploration/Drilling Update report for its Chimo Mine deposit at the Chimo Mine project. Drilling results incl. 16m @ 6.7g/t Au from 1,361m. Val-d’Or, May 21st, 2020 – Cartier Resources Inc. (TSX-V: ECR) ("Ca
Resources:(Resources): 4.0Mt @ 4.53g/t Au (Ind.) & 4.87Mt @ 3.82g/t Au (inf.)
CP/QP:[Overall Report]: Gaetan Lavalliere, Ronan Deroff (Internal)
ABSTRACT:Val-d’Or, May 21st, 2020 – Cartier Resources Inc. (TSX-V: ECR) ("Cartier") announces values of 20.8 g/t Au over 4.0 m included within 9.4 g/t Au over 11.0 m, also included within 6.7 g/t Au over 16.0 m, intersected at a distance of 500 m below the new Zones 5B4-5M4-5NE of the Chimo Mine Property, located 45 km east of Val-d'Or. ″ These new results indicate that the gold mineralisation is open in all directions below Zones 5B4- 5M4-5NE which have been drilled to date from surface to a depth of 1,3 00 m ″ commented Philippe Cloutier, President and CEO, adding ″ growing the dimensions of the cluster of Zones 5B4-5M4- 5NE is an important addition to the development potential of the project ″. A 12.8 m interval grading 1.1 g/t Au was also intersected 250 m below the new Zones 5B4-5M4- 5NE. At 30 m south of Zones 5B4-5M4-5NE, the new Zone 5CE returned a 19.5 m interval grading 1.3 g/t Au indicating the presence of a gold-bearing shoot hosting higher grade gold sections.

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