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Cartier Resources Inc.
Summary
| Project: | Chimo Mine | |
|---|---|---|
| Deposit: | Chimo Mine | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 3/27/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 27-3-2018: Cartier Resources Inc. announces an Exploration/Drilling Update report for its Chimo Mine deposit at the Chimo Mine project. Drilling results incl. 71m @ 1.0g/t Au from 1093m. Val-d’Or, March 27th, 2018 – Cartier Resources Inc. (TSX-V: ECR) ("C | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Gaetan Lavalliere (Internal) | |
| ABSTRACT: | Val-d’Or, March 27th, 2018 – Cartier Resources Inc. (TSX-V: ECR) ("Cartier" or the Corporation) is pleased to announce that it has intersected 8.5 g/t Au over 3.5 m, 205 m beneath the deepest stope at the former Chimo Mine, located 45 km east of Val-d’Or. These new results were intersected at a depth of 1,050 m along the depth extensions of gold-bearing zones 5 which produced 2/3 of the ounces mined. The intersection is the first from an 8,000-m deep drilling program which is part of the ongoing 34,000-m drill program on the property. The intersection grading 8.5 g/t Au over 3.5 m, including 14.6 g/t Au over 2.0 m and included within a 12.0 m section grading 3.0 g/t Au which is included in a 71.0 m section grading 1.0 g/t Au, intersected 205 m below stopes of Zones 5 (FIGURE). This intersection is located 45 m above and west from the results announced on March 20 in drill hole CH17-46AE1, betrays that the mineralized system has the capacity to produce continuity in the grades and thicknesses of the gold zones. The drill hole was completed using control directional drilling and was designed to cut several goldbearing zones and to explore the potential depth extensions of the gold zones below past-producing stopes. The reader should view the 3D 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 281 targets of the ongoing drill program. The 5M2, 5M, 5B and 5BS Mineralized Structures are presented in the video. | |
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