VAL-D'OR, QUEBEC--(Marketwire - March 25,
2010) - Cartier Resources Inc. (TSX VENTURE:ECR) ("Cartier")
is pleased to announce that its latest drill holes MC-10-08 and
MC-10-09 confirm the potential at depth for polymetalic Volcanogenic
Massive Sulphide (VMS) mineralization on its MacCormack property. The
holes intersected a horizon with 5 to 20% disseminated sulphides over
34 meters and a zone of chalcopyrite stringers over 38 meters
thickening at a vertical depth of 500 meters. The MacCormack property
hosts massive sulphide mineralization that is typical of Cu-Zn-Ag-Au
deposits found in the Abitibi and in particular at the Kidd Creek Mine
in Ontario. Borehole EM interpretation and assays are pending.
These new results, factored with the previous four holes drilled in the
area, have highlighted a very prospective setting for a gold rich
polymetalic VMS deposit. The key features include:
- A multiphase rhyolitic dome identified over two kilometers and up to 200 � meters thick; �� - Independently verified stratigraphy similar in age and composition to that � of the world class Kidd Creek deposit; �� - A broad sericite, chlorite, garnet, magnetite and sulphide bearing � alteration zone within the stratigraphic footwall; �� - High grade copper, zinc, silver and gold sulphide intersections; �� - Frequent gold enriched footwall sulphide breccia and stringers; �� - A highly permeable and sulphide mineralized section of footwall rhyolite; � and �� - A network of chalcopyrite-sphalerite (Cu-Zn) stringers developing at � depth.
"Although
we have drilled only a few holes into this new environment, all have
shown encouraging results," commented Philippe Cloutier, President
and CEO of Cartier. "Each drill program has better defined the
system, increased the potential of a major discovery and provided the
impetus to continue exploring. We are currently reviewing all our
recent data and preparing the next phase of work."
The ease of access and lay of the ground allow Cartier to work this
property on a year-round basis for trenching and drilling. Cartier has
multiple options to fund the exploration of this property through
financing or partnership and will be providing updates regarding the
advancement of this project.
Figure: VMS Potential on MacCormack (http://media3.marketwire.com/docs/ecra0325.jpg)
Link to Project Summary (http://www.ressourcescartier.com/?lang=en�ion=project&ID=7)
Quality Assurance/Quality Control
The MacCormack exploration program is conducted under the supervision
of Mr. Philippe Berthelot, P. Geo., qualified person as defined by
National Instrument 43-101. Cartier has implemented and adheres to a
strict Quality Assurance/Quality Control program which includes
mineralized standards and blanks for each batch of samples. Assay
samples are taken from drill core sawed in half with one half sent to a
commercial laboratory and the other half retained for future reference.
Analyses are either performed by Techni-lab S.G.B. Abitibi inc. in
Sainte-Germaine, Quebec, or by ALS-Chemex in Val-d'Or, Quebec, both of
which are accredited laboratories.
The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this press release.
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