Cartier Resources Inc.

November 7, 2017

Cartier Intersects 7.6 g/t Au Over 3.3 Meters on Chimo, Extends 5NE Zone to a Depth of 400 m

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VAL-D'OR, QU�BEC--(Marketwired - Nov. 7, 2017) -

Note to editors: A photo is associated with this press release.

Cartier Resources Inc. (TSX VENTURE:ECR) ("Cartier") is pleased to announce results of the 5NE Zone from its 25,000-m ongoing drill program on the Chimo Mine property, located 45 km east of Val-d'Or. The 5NE Zone (5N Structure) was intersected 50 m north of the 5M4  Zone (5M Structure) (FIGURE). The best results are: 26.4 g/t Au over 0.9 m included within 7.6 g/t Au over 3.3 m and 5.4 g/t Au over 1.0 m included within 2.9 g/t Au over 2.4 m (refer to Table below).

These results add to those announced on October 24th from the 5M4 Zone. The latter, situated 700 meters east of the shaft returned: 7.3 g/t Au over 2.2 m included within 2.0 g/t Au over 14.1 m and 5.8 g/t Au over 2.4 m included within 1.5 g/t Au over 14.0 m.

Two new structures, 3E1 and 5BS1, were also intersected (FIGURE). The 3E1 Zone (3 Structure) was intersected 100 m north of the 5NE Zone. The best results returned: 12.5 g/t Au over 1.0 m included within 2.2 g/t Au over 7.3 m (refer to Table below). This intersection is also located approximately 100 m west of a previous drill hole intersection of 44.7 g/t Au over 1.5 m (Soci�t� Mini�re Louvem, 1984). The 5BS1 Zone (5BS Structure) returned 0.9 g/t Au over 9.4 m and 0.5 g/t Au over 17.4 m, which suggests that greater volumes of lower grade mineralization can be found peripheral and/or near to the higher-grade gold-bearing zones.

Drill Hole From
CH17-12 433.1 434.0 0.9 26.4 5NE 5N
Included within 430.7 434.0 3.3 7.6
CH17-13* 367.7 368.7 1.0 5.4
Included within 366.3 368.7 2.4 2.9
CH17-10 265.2 266.2 1.0 12.5 3E1 3
Included within 258.9 266.2 7.3 2.2
CH17-07 366.6 384.0 17.4 0.5 5BS1 5BS
CH17-09 399.4 408.8 9.4 0.9

Lengths are expressed along drill core axis. The true thickness was not determined. *Results from the northern selvedge of the zone are pending therefore results for this section are partial.

The 5NE, 3E1 and 5BS1 Zones are characterized with biotite-chlorite alteration and arsenopyrite and/or pyrrhotite mineralization, smoky and/or white quartz veining. All other assay results from the two drills active on the property are still pending.

To date, drill results double the potential volume of the 5NE Zone in this area, mineralization now extends to a depth of 400 meters � commented Philippe Cloutier, President and CEO of Cartier adding, � the new results for gold-bearing zones 5M4, 5NE as well as 3E1 and 5BS1 confirm the potential of the eastern portion of the Chimo Mine property �.

Quality Assurance / Quality Control

All lengths, mentioned in this press release, were measured along the drill core. The NQ core samples are crushed up to 80% passing 8 mesh sieves and then pulverized up to 90% passing a 200-mesh sieve. Cartier inserts 5% of the number of samples in the form of certified standards and another 5% in the form of sterile samples to ensure quality control. The samples are analyzed at the Techni-Lab laboratory (Actlabs), located in Ste-Germaine-Boul�, Quebec. The 50 g pulps are analyzed by fire assay and atomic absorption. For samples containing visible gold, 1000 g of rock are directly analyzed by the "Metallic Sieve" method.

The scientific and/or technical information presented in this press release has been reviewed and approved by Mr. Ga�tan Lavalli�re, P. Geo., Ph. D. and Vice President for Cartier Resources. Mr. Lavalli�re 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.

To view the figure associated with this press release, please visit the following link:




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Cartier Resources Inc.

ISIN : CA1467721082
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Cartier is an exploration gold company based in Canada.

Cartier holds various exploration projects in Canada.


Cartier is listed in Canada and in United States of America. Its market capitalisation is CA$ 13.1 millions as of today (US$ 9.8 millions, € 8.6 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.

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Financings of Cartier Resources Inc.
5/26/2016Announces the Closing of a Financing for a Total of $300,000
9/7/2012Announces the Closing of a $500,000 Private Placement
12/7/2011Announces a $4,500,000 Brokered Private Placement
Option Grants of Cartier Resources Inc.
5/22/2009AGM Election Results and Award of New Stock Options
11/26/2008Announces the Grant of Stock Options
Project news of Cartier Resources Inc.
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8/1/2013Completes its Acquisition of Chimo, Nova and Benoist
7/11/2013Signs an Agreement for the Acquisition of the Chimo and Nova...
5/23/2013Inc=2E: Acquisition of the Benoist Project and Pusticamica G...
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8/18/2011(Cadillac Extension)Cuts 392.10 g/t Silver on Cadillac Extension
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5/29/2011(Rivière Doré)Selects 35 Priority Targets for First Drill Program on its C...
3/17/2011(Dollier)Commences 4 000 Meter Drill Program on Dollier Property Main...
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7/15/2010(Diego)Diego Demonstrates Gold Potential
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2/11/2008(Kinojevis)Signs Agreement for 5 Bocks of Claims at Kinojevis.
1/30/2008(Kinojevis)New Gold Zone on the Kinojevis Property
12/14/2007(Lac Castagnier) Drill to Test Gold Showing on Lac Castagnier Project
12/11/2007(Kinojevis) Drilling Returns New Gold Zones on Kinojevis Property
Corporate news of Cartier Resources Inc.
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6/23/2016Cartier Gains from Market Rise
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6/12/2015Cartier Closes a $100,000 Private Placement with SIDEX
5/29/2015Cartier Resources Inc. Announces AGM Election Results
5/26/2015Cartier Generates New Priority Drill Targets on Benoist Prop...
5/6/2015Cartier Announces Management Changes
4/23/2015Corporate Presentation - April 2015
4/8/2015Cartier Closes a $140,000 Private Placement
3/17/2015Cartier Closes a $75,000 Private Placement With SODEMEX II
3/11/2015Cartier Closes a $100,000 Private Placement with SIDEX
2/17/2015Cartier Resources Inc. : Geophysics in Progress on Benoist P...
2/3/2015Cartier Tests Extension of Massive Sulphides Zone on the Mac...
1/27/2015Cartier Resources Inc.: New Tool Maps Pusticamica Deposit on...
1/13/2015Cartier and Sphinx Intersect 25.1 g/t Gold Over 1.0 m on Dol...
12/30/2014Cartier Closes a Private Placement of $250,000
12/24/2014Cartier Sells La Pause Property to Sunset Cove Mining
12/12/2014Cartier Resources Inc. Grants Stock Options
11/25/2014Cartier Intersects 11.5% Zn, 0.2% Cu, 44.2 g/t Ag and 2.0 g/...
11/20/2014Cartier Sells the Diego Property to Standard Graphite
11/6/2014Cartier and Sphinx Drill the Extensions of the Gold Zones on...
10/30/2014Cartier Drills the Massive Sulphides (Zn-Cu-Ag) on the MacCo...
10/22/2014Cartier and Donner: Closing of Option and Joint Venture Agre...
9/30/2014Cartier Grants Donner an Option on Dollier Project
9/23/2014Cartier Resources Inc.: Gold Potential of South Area of Chim...
9/16/2014Cartier Resources Inc.: Amended Option on Fenton Deposit
9/9/2014Cartier Resources Inc.: New Exploration Targets in The Centr...
8/26/2014Cartier Resources Inc.-Chimo Mine Project: Three New Potenti...
6/27/2014Cartier Annouces the Closing of Two Private Placements for a...
6/9/2014Eclipse Resources Corporation Launches Initial Public Offeri...
6/6/2014Cartier Resources Inc. Announces AGM Election Results
2/27/2014Drills 10=2E3 g/t Au over 5=2E0 m Below Pusticamica Deposit ...
12/19/2013Annouces the Closing of Two Private =?ISO-8859-1?Q?=20Placem...
11/26/2013(Diego)and Weststar Terminate LOI for Diego
8/22/2013(Diego)Grants Extension to Weststar for Diego
5/27/2013Announces AGM Election Results
5/24/2013Inc=2E: 2013 Drilling Confirms Continuity of Mineralization ...
5/23/2013(Diego)Inc=2E: Agreement With Weststar Resources on the Diego Prope...
4/22/2013Adopts Advance Notice By-Law
11/5/2012Cuts 24.5 g/t Gold Over 3.0 Meters on Benoist Project
6/28/2012Targets to Increase Volume of thePusticamica Gold Deposit / ...
5/25/2012Announces AGM Election Results
5/3/2012Drills Massive Sulphides Grading up =?ISO-8859-1?Q?to=2010=2...
2/2/2012Provides 2011 Review and 2012 Plan
11/24/2011Receives Environmental and Social Responsibility Award
9/7/2011Dr. Gaetan Lavalliere Joins Cartier Team
7/21/2011(Dollier)Conducts Deeper Drilling on Dollier Gold Discovery
5/24/2011Inc=2E Announces the Results of the Annual General Meeting
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12/29/2008Amended Press Release
12/23/2008Announces Closing of a $620,880 Financing
6/30/2008Confirms Extension of North Gold Zone With 7.3 g/t Au Over 1...
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