Highlights of this press release:
- New type of high-grade gold mineralization for VG9 Target (FIGURE 1):
- 11.2 g/t Au / 2.0 m including 20.2 g/t Au / 1.0 m
- 9.1 g/t Au / 1.0 m
- The VG9 Target mineralization begins at surface
- These results are found within the Larder Lake - Cadillac Fault Zone, well known for its many important mines in Canada, comprising several types of mineralization; which are found at varying distances from each other
VAL D'OR, Quebec, Aug. 15, 2024 (GLOBE NEWSWIRE) -- Cartier Resources Inc. (TSXV: ECR, FSE: 6CA) ("Cartier" or the "Company") announces results from the ongoing drill program for the Chimo Mine Project (FIGURE 2). The Project comprises the Chimo Mine and East Cadillac properties, the latter of which was acquired on April 7, 2022. Cartier began exploring of this part of the East Cadillac property on January 4, 2024. Both properties are 100% owned by Cartier and strategically located 45 km east of the Val-d'Or mining camp.
The high-grade gold mineralization intersected is located within the Larder Lake - Cadillac Fault Zone, recognized over a 20 km strike length of the Chimo Mine Project. The current Drill Program is currently exploring 54 targets over half (10 km) of the Project's gold discovery potential.
Furthermore, this new type of mineralization is found in sedimentary rocks where gold concentrations are, for this Project, generally higher than those found in volcanic rocks. The longitudinal section of the VG9 target (FIGURE 1) illustrates the high values obtained.
"These results present a second type of gold mineralization for the Chimo Mine Project, demonstrating the significant potential of this Project; located over more than 20 km of the Larder Lake - Cadillac Fault Zone," commented Cartier's President and CEO.
Table 1: Details of the new results
Hole | Coordinates UTM (m) | Azimuth (°) / Plunge (°) | From (m) | To (m) | Au (g/t) | Length (m) | Gold Zone | Gold Structure |
CH24-147 | 333225/5320001/351
| 205/-74
| 225.0 | 227.0 | 11.2 | 2.0 | VG9
| VG
|
Including | 226.0 | 227.0 | 20.2 | 1.0 |
CH24-144 | 184/-60 | 170.0 | 171.0 | 9.1 | 1.0 |
The lengths of the mineralized intersections are expressed as measured lengths along the drill core.
The estimated true widths of the mineralized intersections are approximately 70% to 85% of the reported lengths.
Table 2: Details of the previous results
Hole | Coordinates UTM (m) | Azimuth (°) / Plunge (°) | From (m) | To (m) | Au (g/t) | Length (m) | Gold Zone | Gold Structure |
CH24-94 | 333253/5319894/350
| 160/-57
| 42.0 | 44.0 | 7.7 | 2.0 | VG9
| VG
|
Including | 42.0 | 43.0 | 13.5 | 1.0 |
W 90-08 | 183/-80
| 59.2 | 61.0 | 14.5 | 1.8 |
Including | 59.4 | 59.7 | 75.3 | 0.3 |
The lengths of the mineralized intersections are expressed as measured lengths along the drill core.
The estimated true widths of the mineralized intersections are approximately 65% to 85% of the reported lengths.
About the Chimo Mine Project:
With a long-term gold price of US$1,750/oz and an exchange rate of CAD $1.00 = US $0.77:
- Positive PEA **, after tax: NPV5% of CA$388M and IRR of 20.8%
- MRE *: 720,000 ounces of gold in Indicated Resources and 1,633,000 ounces of gold in Inferred Resources
Table 3: Gold Price Sensitivity, source PEA dated May 26 2023 **
* NI 43-101 Mineral Resources Estimate for Chimo Mine and West Nordeau Gold Deposits, Québec, Canada, Vincent Nadeau-Benoit, P.Geo., Alain Carrier, P.Geo., M.Sc. and Marc R. Beauvais, P.Eng., InnovExplo Inc., August 22, 2022.
** NI 43-101 Technical Report and Preliminary Economic Assessment for Chimo Mine and West Nordeau Gold Deposits, Chimo Mine and East Cadillac Properties, Quebec, Canada, Marc R. Beauvais, P.Eng., of InnovExplo Inc., Mr. Florent Baril of Bumigeme and Mr. Eric Sellars, P.Eng. of Responsible Mining Solutions, May 29, 2023.
About Cartier Resources Inc.
Founded in 2006, Cartier Resources Inc. is an exploration company based in Val-d'Or, Quebec, Canada. The Company's projects are located in Quebec, which consistently ranks among the world's best mining jurisdictions. Cartier is actively advancing the development of its flagship Chimo Mine Project and exploring its other projects. The Company has significant corporate and institutional support, including Agnico Eagle Mines, O3 Mining and provincial investment funds.
Quality Assurance / Quality Control
For each batch of samples sent to the laboratory, Cartier inserts 5% of the number of samples in the form of certified standards and another 5% in the form of blanks to ensure quality control. The samples are analyzed at the Techni-Lab (Actlabs) laboratory in Ste-Germaine-Boulé, Quebec, Canada. Samples weighing 3 to 5 kg are crushed by the laboratory to 90% passing 10 mesh (2.00 mm), then a 500 g fraction of each sample is pulverized to 90% passing 200 mesh (0.07 mm). The resulting 50 g pulps are analyzed by fire assay with an atomic absorption finish. Samples with results ≥ 1.0 g/t and < 10.0 g/t are re-assayed by fire assay with an atomic absorption finish. Results greater than or equal to 10.0 g/t Au are analyzed by fire assay with a gravimetric finish. For samples containing visible gold, a 500 g subsample of rock is analyzed by the metallic sieve method.
Qualified Persons
The Company's scientific and technical information in this news release was prepared and reviewed by Mr. Gaétan Lavallière, P.Geo., Ph.D., Vice-President, and Mr. Ronan Déroff, P.Geo., M.Sc., Senior Geologist, Project Manager and Geomatician, both qualified persons as defined in National Instrument 43 101. Mr. Lavallière approved the information contained in this press release.
For more information, contact:
Philippe Cloutier, P.Geo.
President and CEO
Telephone: 819-856-0512
philippe.cloutier@ressourcescartier.com
Neither the TSX Venture Exchange nor its regulatory services provider accepts responsibility for the adequacy or accuracy of this press release.
FIGURE 2: Chimo Mine Project Ongoing 2024 Drill Program
Photos accompanying this announcement are available at
本新闻稿要点:
- VG9靶区发现一种新型高品位黄金矿化类型(图1):
- 11.2克/吨Au / 200万,包括20.2克/吨Au / 1.0米
- 9.1克/吨Au / 1.0米
- VG9靶区矿化从地表开始
- 这些结果出现在加拿大Larder Lake - Cadillac断裂带内,该带已知有多个重要矿区,包含多种类型的矿化,这些矿化相互间距离不同。
魁北克瓦尔多,2024年8月15日(环球新闻社) - Cartier Resources Inc. (TSXV:ECR,FSE:6CA)("卡地尔"或"公司")宣布了Chimo矿山项目(图2)不断进行的钻探计划的结果。该项目包括Chimo矿山和East Cadillac物业,后者于2022年4月7日收购。Cartier从2024年1月4日开始勘探East Cadillac这部分地区。这两个物业均为Cartier持有,并且地理位置优越,位于瓦尔多矿区以东45公里处。
所取得的高品位黄金矿化交汇处位于Larder Lake - Cadillac断裂带内,该断裂带在Chimo矿山项目的20公里走向范围内被认可。当前的钻探计划正在探索该项目金矿的54个目标,涵盖该项目金矿探明潜力的一半(10公里)。
此外,这种新型矿化是在沉积岩中发现的,该项目中金的含量通常高于火山岩。VG9靶区的纵向剖面(图1)显示了高值。
"这些结果为Chimo矿山项目呈现出第二种金矿化类型,显示了该项目的巨大潜力;其在Larder Lake - Cadillac断裂带范围内延续超过20公里,"卡地尔总裁兼首席执行官评论道。
新结果的详细信息如下:
孔 | 坐标 UTM(米) | 方位角(°)/ 下降角(°) | 起点 (米) | 要 (米) | 黄金 (克/吨) | 长度 (米) | 黄金 区域 | 黄金 结构 |
CH24-147 | 333225/5320001/351
| 205/-74
| 225.0 | 227.0 | 11.2 | 2.0 | VG9
| VG
|
包括 | 226.0 | 227.0 | 20.2 | 1.0 |
CH24-144 | 184/-60 | 170.0 | 171.0 | 9.1 | 1.0 |
矿化带长度以钻孔岩芯中的测量长度表示。
矿化交汇部位的估算实际宽度约为所报长度的70%至85%。
表2:之前的结果详细信息
孔 | 坐标 UTM(米) | 方位角(°)/ 下降角(°) | 起点 (米) | 要 (米) | 黄金 (克/吨) | 长度 (米) | 黄金区 | 黄金结构 |
CH24-94 | 333253/5319894/350
| 160/-57
| 42.0 | 44.0 | 7.7美元 | 2.0 | VG9
| VG
|
包括 | 42.0 | 43.0 | 13.5 | 1.0 |
W 90-08 | 183/-80
| 59.2 | 61.0 | 14.5 | 1.8 |
包括 | 59.4 | 59.7 | 75.3 | 0.3 |
矿化带长度以钻孔岩芯中的测量长度表示。
矿化带宽度估算值约为报告长度的65%至85%。
Chimo矿项目简介:
以长期黄金价格为1,750美元/盎司,汇率为1.00加元=0.77美元计算:
- 正面的PEA **,税后NPV5%为3,880万加元,IRR为20.8%
- MRE *:指示资源中有72万盎司黄金,推断资源中有163.3万盎司黄金。
表3:黄金价格敏感度,来源于2023年5月26日的PEA **。
*加拿大魁北克钦奥矿山和西诺多金矿矿产资源估算,文森特·纳多-贝努瓦万·尚-卡里埃佩吉(Vincent Nadeau-Benoit)、艾伦·卡里尔(Alain Carrier)、马克·R·博韦(Marc R. Beauvais),InnovExplo Inc.,2022年8月22日。
** Chimo矿和West Nordeau金矿床,Chimo矿和East Cadillac矿产,加拿大魁北克省,Marc R. Beauvais, P.Eng.,InnovExplo股份公司,Bumigeme的Florent Baril先生以及Responsible Mining Solutions的Eric Sellars,P.Eng.的NI 43-101技术报告和初步经济评估,2023年5月29日。
Cartier Resources Inc.成立于2006年,是一家位于魁北克省瓦尔多镇的先进黄金项目勘探公司。该公司的项目位于魁北克,一直被评为全球最佳采矿管辖区之一。Cartier正在推进旗舰Chimo Mine项目的发展,并勘探其它项目。该公司现金头寸超过450万加元,并得到了包括Agnico Eagle Mines、O3 Mining和魁北克投资基金在内的重要企业和机构的支持。
成立于2006年,Cartier Resources Inc.是一家位于加拿大魁北克省Val-d'Or的勘探公司。该公司的项目位于魁北克,这里一直是全球最佳的矿业司法管辖区之一。Cartier正在积极推进其旗舰Chimo矿项目的开发并探索其它项目。公司拥有重要的企业和机构支持,包括Agnico Eagle Mines公司,O3 Mining公司和省级投资基金。
质量保证/质量控制
为了确保质量控制,对于每一批送往实验室的样品,Cartier都会以认证标准的形式插入样品数量的5%,并以空白的形式插入另外5%。这些样品在加拿大魁北克省Ste-Germaine-Boule的Techni-Lab(Actlabs)实验室进行分析。实验室将3至5kg的样品粉碎至10目(2.00mm)以下的90%,然后每个样品的500g部分粉碎至200目(0.07mm)以下的90%。所得到的50g草料被用原子吸收法进行火试验分析。结果≥1.0g/t和<10.0g/t的样品会重新进行原子吸收法进行火试验分析。大于或等于10.0g/t Au的样品则采用重量法。对于含有可见金的样品,实验室采用金属筛法对500克的岩石样品进行分析。
合格人员
本新闻稿中公司的所有科学和技术信息由Gaétan Lavallière和Ronan Déroff两位合格人员(根据第43-101号国家工具手册定义)编制和审查。Lavallière先生批准了本新闻稿中所载的信息。
如需更多信息,请联系:
Philippe Cloutier,P.Geo。
总裁和首席执行官
电话:819-856-0512
philippe.cloutier@ressourcescartier.com
TSX Venture Exchange及其监管服务提供方不对本新闻稿的充分性或准确性负责。
图2:Chimo矿项目持续进行的2024年钻探计划。
附带的照片可在以下网址获取