In This Article:
VAL-D’OR, Québec, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Cartier Resources Inc. (TSXV: ECR, FSE: 6CA) ("Cartier" or the "Company") reports high-grade gold results from the new Portal Zone at its 100%-owned East Cadillac property. The latter is located 45 km east of the Val-d’Or mining camp.
Highlights
-
The 28,000-m (174 drill holes) ongoing exploration drill program continues to deliver high-grade gold results on the East Cadillac property (FIGURE).
-
Drilling intersected a new high-grade gold zone, located near surface and a few meters from the entrance to the Portal exploration Ramp (Tables 1 and 2 below):
-
7.2 g/t Au over 8.0 m including 12.5 g/t Au / 2.0 m and 26.2 g/t Au / 0.5 m
-
-
Since March 5, 2024, drilling has discovered 5 new high-grade gold Zones on the East Cadillac property (FIGURE).
-
Two drill rigs continue to explore high-grade gold targets along the regional Larder Lake - Cadillac Fault Zone.
“The results from the Portal gold Zone confirm historical high-grade gold results” commented Philippe Cloutier, President and CEO, adding “in 2024, 5 high-grade gold zones have been discovered over 8 km of the Larder Lake - Cadillac Fault Zone, on the East Cadillac property.”
Table 1: Details of the new high-grade gold results of the new Portal Zone
Hole | Coordinates | Azimuth (°) / | From | To | Au | Length |
CH24-186 | 330304/5320309/337 | 161/-45 | 56.0 | 64.0 | 7.2 | 8.0 |
Including | 56.0 | 58.0 | 11.0 | 2.0 | ||
And | 62.0 | 64.0 | 12.5 | 2.0 | ||
And | 62.0 | 62.5 | 26.2 | 0.5 | ||
CH24-188 | 330299/5320411/337 | 181/-46 | 153.8 | 154.3 | 7.2 | 0.5 |
|
|
|
|
|
|
|
The lengths of the mineralized intersections are expressed as measured lengths along the drill core.
The estimated true widths of the mineralized intersections are approximately 85 to 95% of the reported lengths.
Table 2: Details of the highest historical drill results of the new Portal Zone
Hole | Coordinates | Azimuth (°) / | From | To | Au | Length |
07-86-02 | 330267/5320398/336 | 180/-48 | 141.7 | 142.1 | 18.5 | 0.4 |
07-87-05 | 330326/5320268/337 | 180/-49 | 11.0 | 11.5 | 15.0 | 0.5 |
Included within | 11.0 | 14.4 | 5.0 | 3.4 | ||
07-86-04 | 330269/5320556/335 | 180/-47 | 282.7 | 285.9 | 2.9 | 3.2 |
|
|
|
|
|
|
|
The lengths of the mineralized intersections are expressed as measured lengths along the drill core.
The estimated true widths of the mineralized intersections are approximately 85% to 95% of the reported lengths.
Quality Assurance / Quality Control
For each batch of samples sent to the laboratory, Cartier inserts 5% of the number of samples in the form of certified standards and another 5% in the form of blanks to ensure quality control. The samples are analyzed at the Techni-Lab (Actlabs) laboratory in Ste-Germaine-Boulé, Québec, Canada. Samples weighing 3 to 5 kg are crushed by the laboratory to 90% passing 10 mesh (2.00 mm), then a 500 g fraction of each sample is pulverized to 90% passing 200 mesh (0.07 mm). The resulting 50 g pulps are analyzed by fire assay with an atomic absorption finish. Samples with results ≥ 1.0 g/t and < 10.0 g/t are re-assayed by fire assay with an atomic absorption finish. Results greater than or equal to 10.0 g/t Au are analyzed by fire assay with a gravimetric finish. For samples containing visible gold, a 500 g subsample of rock is analyzed by the metallic sieve method.