| Cartier Intersects 11.5% Zn, 0.2% Cu, 44.2 g/t Ag and 2.0 g/t Au Over 0.6 m on the MacCormack Property | |
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VAL-D'OR, QUEBEC--(Marketwired - Nov 25, 2014) - Cartier Resources Inc. (TSX VENTURE:ECR) ("Cartier") announces that it has intersected massive sulphides grading up to 11.5% Zn, 0.2% Cu, 44.2 g/t Ag and 2.0 g/t Au over 0.6 m in its most recent drill program on the MacCormack Property, situated 25 km north-north west of the Bousquet - LaRonde mining camp infrastructures, near Malartic in the Abitibi.
The objective of this drill program was to test the lateral and depth continuity of the volcanogenic massive sulphide (VMS) mineralisation intersected in Cartier's 2009 drill program. All three new holes intersected massive sulphides that outline a zone that is 180 m long by 80 m vertical and is still open laterally and at depth (Figure).
Table 1: Drill results of massive sulphide intersections
Drill Hole |
From m |
To m |
Length* m |
Zn % |
Cu % |
Ag g/t |
Au g/t |
MC-14-10 |
211.4 |
211.8 |
0.4 |
7.1 |
0.2 |
4.1 |
0.1 |
MC-14-11 |
233.8 |
234.3 |
0.5 |
1.9 |
0.9 |
24.3 |
0.3 |
MC-14-12 |
215.4 |
216.0 |
0.6 |
11.5 |
0.2 |
44.2 |
2.0 |
* Lengths measured along core axis.
This VMS zone is situated at the contact of two types of rhyolite facies that are highly altered with chlorite and sericite. The geological, geochemical and geophysical characteristics shows that the continuity of the favorable contact over a 3 km strike length on the property.
« Having met all the objectives of the recent program, the next step is to continue drilling along the projected extension of the mineralisation at depth and laterally. Our focus is on the geometric vectors that will lead us to thicker intersections of massive sulphides » commented Philippe Cloutier, President and CEO.
Quality Assurance / Quality Control
The scientific and/or technical information presented in this press release has been reviewed and approved by Mr. Gaétan Lavallière, P. Geo., Ph. D., and Vice President for Cartier. Mr. Lavallière is a qualified person as defined by National Instrument 43-101.
Neither the TSX Venture Exchange nor its regulatory services provider accepts responsibility for the adequacy or accuracy of this press release.
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Cartier Resources Inc.
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EXPLORATION STAGE |
CODE : ECR.V |
ISIN : CA1467721082 |
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Cartier is a gold exploration company based in Canada. Cartier holds various exploration projects in Canada. Its main exploration properties are DOLLIER, RIVIÈRE DORÉ, DIEGO, CADILLAC EXTENSION, KINOJEVIS, LAC CASTAGNIER and RAMBULL in Canada. Cartier is listed in Canada and in United States of America. Its market capitalisation is CA$ 7.0 millions as of today (US$ 5.6 millions, € 4.9 millions). Its stock quote reached its highest recent level on December 31, 2007 at CA$ 1.22, and its lowest recent point on December 11, 2015 at CA$ 0.04. Cartier has 87 390 795 shares outstanding. |