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Project: | Chimo Mine | |
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Deposit: | Chimo Mine | |
Location: | Canada | |
Commodities: | Gold | |
Date: | 4/7/2020 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resource Increase/Upgrade | |
Report details: | 7-4-2020: Cartier Resources Inc. announces an Exploration/Drilling Update report for its Chimo Mine deposit at the Chimo Mine project. Drilling results incl. 26.1m @ 2.5g/t Au from 1109m. Val-d’Or, April 7th, 2020 – Cartier Resources Inc. (TSX-V: ECR) ("C | |
Resources: | (not mentioned in this report) | |
CP/QP: | [Overall Report]: Gaetan Lavalliere, Ronan Deroff (Internal) | |
ABSTRACT: | Val-d’Or, April 7th, 2020 – Cartier Resources Inc. (TSX-V: ECR) ("Cartier") announces values of 5.0 g/t Au over 10.9 m included within 26.1 m grading 2.5 g/t Au intersected at a distance of 250 m below Zones 5B4-5M4-5NE of the Chimo Mine gold property located 45 km east of Val-d’Or, Quebec. Values of 9.5 g/t Au over 2.0 m, included within 15.8 m grading 2.0 g/t Au, were also obtained 350 m below the new Zones 5B4-5M4-5NE (FIGURE 1). Thirty meters (30 m) south of Zones 5B4-5M4-5NE, a new zone, named Zone 5CE, was intersected and returned an intersection grading 11.9 g/t Au over 2.0 m. “These new results indicate that the gold mineralization of interest is open in all directions below Zones 5B4-5M4-5NE drilled to date from the surface up to a depth of 1.3 km” commented Philippe Cloutier, President and Chief Executive Officer. Cartier Resources was founded in 2006 and is based out of Val-d'Or, Quebec. Quebec has consistently ranked high as one of the best mining jurisdictions in the world primarily based on its mineral rich geology, attractive tax environment, and pro-mining government. | |
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