| Cartier Starts Geophysical Surveys on MacCormack | |
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VAL-D'OR, QUEBEC--(Marketwired - Nov 12, 2015) - Cartier Resources Inc. (TSX VENTURE:ECR) ("Cartier") announces that it has begun geophysical OreVision and magnetometer surveys on the MacCormack Property, situated 25 km north-north west of the Bousquet - LaRonde mining camp infrastructures. The surveys follow positive results of the calibration test line with OreVision technology completed on one line over the MacDeroff massive sulphide showing and MacCormack gold showing. The objective of these surveys is to locate, along the favourable zones known on the property, new geophysical anomalies similar to that of the known mineralization. The surveys will be conducted over a line cut grid of 40 km covering an area of 2 km by 3 km. The OreVision technology will search this area for deposits up to a depth of 600 m. The occurrence of zinc-rich volcanogenic massive sulphide mineralization on the property demonstrates the areas potential to generate these types of deposits. Furthermore, the favourable horizon that contains the mineralization has been recognized over a distance of 7 km. Philippe Cloutier, President and CEO, commented: « we have the advantage of having known mineralization near surface with an innovative deep searching geophysical method that could lead to new discoveries on the property». 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$ 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. |