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Cartier Resources Inc.
Summary
| Project: | Chimo Mine | |
|---|---|---|
| Deposit: | Chimo Mine | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 11/27/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 27-11-2018: Cartier Resources Inc. announces an Exploration/Drilling Update report for its Chimo Mine deposit at the Chimo Mine project. Drilling results incl. 13.0m @ 6.6g/t Au from 1121.0m. VAL-D’OR, Quebec, Nov. 27, 2018 -- Cartier Resources Inc. (TSX- | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Gaetan Lavalliere (Internal) | |
| ABSTRACT: | VAL-D’OR, Quebec, Nov. 27, 2018 -- Cartier Resources Inc. (TSX-V: ECR) ("Cartier") reports additional drill hole intersections grading 23.3 g/t Au over 2.0 m included within 6.6 g/t Au over 13.0 m and 7.8 g/t Au over 3.0 m on the Chimo Mine project is situated 45 Km east of Val-d’Or. The results, intersected at a depth of 1,100 m, extend the Zone 6N1 resource potential an additional 450 m (FIGURE). Zone 6N1, which is 80 m from the underground infrastructure (FIGURE), could be quickly accessible and at low cost with additional mining development work. The intersections are from two boreholes that are 50 m apart, demonstrating the continuity of the values and the lengths of gold intersections at depth of Zone 6N1. The Zone, which begins at the surface, is continuous at least to a depth of 1,100 m with a high probability of continuing as deep (1.6 km) as seen with Zone 5 below Chimo Mine. "These results show the quality of gold content and dimensions of the new potential of Zone 6N1." commented Philippe Cloutier, President and CEO, adding, "this resource potential is in addition to the resource potential remaining within the underground infrastructure as well as that developed along Zones 5 to a depth of 1.6 km below the Chimo Mine sites." | |
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