| Cartier Resources Inc.: New Tool Maps Pusticamica Deposit on Benoist Property | |
| | |
|
VAL-D'OR, QUEBEC--(Marketwired - Jan 27, 2015) - Cartier Resources Inc. (TSX VENTURE:ECR) ("Cartier") announces that a new innovation in geophysics, has mapped the Pusticamica deposit on the Benoist Property situated between the Bachelor and Langlois mines. The method (OreVision-IP) captures and processes four times more data while maintaining optimal resolution up to depths several times greater than conventional IP. Cartier conducted one test line over the deposit using parameters that were calibrated for the characteristics of the targeted mineralization. The results confirm the survey can clearly detect the deposit at depths up to 450 meters from surface. On section 250W where Cartier conducted the test-line, previous geophysics failed to detect the deposit due to the depth of the mineralization between 150 and 450 meters. Previous surveys, below the lake bottom clays of Lake Pusticamica could investigate down to depths of 50 to 90 meters. With OreVision-IP, the mineralization Cartier is looking for can now be explored to find new deposits between 50 and 450 meters within the favorable corridor 500 meters wide by 6.3 kilometers on the property. "Having the ability to detect mineralization to these new depths could be a game changer for the Benoist project" commented Philippe Cloutier, President and CEO, adding "since this new method offers depth of investigation unparalleled by other technologies while keeping optimal resolution from surface to depth, it could help us find more mineralization faster for a reasonable investment". 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.
|
|
|
Cartier Resources Inc.
|
|
EXPLORATION STAGE |
CODE : ECR.V |
ISIN : CA1467721082 |
|
| |
ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
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$ 6.6 millions as of today (US$ 4.8 millions, € 4.5 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. |