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Cartier Resources Inc.
Summary
| Project: | Chimo Mine | |
|---|---|---|
| Deposit: | Chimo Mine | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 5/29/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 29-5-2018: Cartier Resources Inc. announces an Exploration/Drilling Update report for its Chimo Mine deposit at the Chimo Mine project. Drilling results incl. 86.0m @ 0.4g/t Au from 1394.0m. Val-d’Or, May 29th, 2018 – Cartier Resources Inc. (TSX-V: ECR) ( | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Gaetan Lavalliere (Internal) | |
| ABSTRACT: | Val-d’Or, May 29th, 2018 – Cartier Resources Inc. (TSX-V: ECR) ("Cartier" or the Corporation) announces 4.8 g / t Au over 4.0 m within 25.8 m grading 1.0 g / t Au intersected at 525 m below the deepest stope of the Chimo Mine (FIGURE), located 45 km east of Val-d'Or. The results were intersected at 1,350 m depth in the geometric extent of the main gold zone cluster (Zones 5), which produced 2/3 of the 379,012 ounces mined from the mine (Source: MRNF, DV85-05 at 97-01). Additional intersections grading 7.4 g / t Au / 2.0 m within 8.0 m grading 2.1 g / t Au were also intersected at these depths (TABLE). These new results come from the ongoing 8,000m deep drilling program that is part of the 34,000m program of drilling on the property. These results add to the drill results announced on March 20, 2018 (7.6 g / t Au over 5.0 m including 12.2 g / t Au over 2.5 m and included in 1.0 g / t Au over 60.0 m) and on March 27, 2018 (8.5 g / t Au over 3.5 m including 14.6 g / t Au over 2.0 m and included in 1.0 g / t Au over 71.0 m). All these drill results confirm the continuity of the gold mineralization of economic within the main zone cluster at depth below the Chimo Mine (FIGURE). | |
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