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January 27, 2015 |
Cartier Resources Inc.: New Tool Maps Pusticamica Deposit on Benoist Property
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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. Gaetan Lavalliere, P. Geo., Ph. D., and Vice President for Cartier. Mr. Lavalliere 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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INDUSTRY: Manufacturing and Production - Mining and Metals |
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Cartier Resources Inc.
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EXPLORATEUR |
CODE : ECR.V |
ISIN : CA1467721082 |
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Cartier est une société d’exploration minière d'or basée au Canada. Cartier détient divers projets d'exploration au Canada. Ses principaux projets en exploration sont DOLLIER, RIVIÈRE DORÉ, DIEGO, CADILLAC EXTENSION, KINOJEVIS, LAC CASTAGNIER et RAMBULL au Canada. Cartier est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 6,6 millions CA$ (4,8 millions US$, 4,5 millions €). La valeur de son action a atteint son plus haut niveau récent le 31 décembre 2007 à 1,22 CA$, et son plus bas niveau récent le 11 décembre 2015 à 0,04 CA$. Cartier possède 87 390 795 actions en circulation. |