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
本新聞稿要點:
- VG9靶區發現一種新型高品位黃金礦化類型(圖1):
- 11.2克/噸Au / 200萬,包括20.2克/噸Au / 1.0米
- 9.1克/噸Au / 1.0米
- VG9靶區礦化從地表開始
- 這些結果出現在加拿大Larder Lake - Cadillac斷裂帶內,該帶已知有多個重要礦區,包含多種類型的礦化,這些礦化相互間距離不同。
魁北克瓦爾多,2024年8月15日(環球新聞社) - Cartier Resources Inc. (TSXV:ECR,FSE:6CA)("卡地爾"或"公司")宣佈了Chimo礦山項目(圖2)不斷進行的鑽探計劃的結果。該項目包括Chimo礦山和East Cadillac物業,後者於2022年4月7日收購。Cartier從2024年1月4日開始勘探East Cadillac這部分地區。這兩個物業均爲Cartier持有,並且地理位置優越,位於瓦爾多礦區以東45公里處。
所取得的高品位黃金礦化交匯處位於Larder Lake - Cadillac斷裂帶內,該斷裂帶在Chimo礦山項目的20公里走向範圍內被認可。當前的鑽探計劃正在探索該項目金礦的54個目標,涵蓋該項目金礦探明潛力的一半(10公里)。
此外,這種新型礦化是在沉積岩中發現的,該項目中金的含量通常高於火山岩。VG9靶區的縱向剖面(圖1)顯示了高值。
"這些結果爲Chimo礦山項目呈現出第二種金礦化類型,顯示了該項目的巨大潛力;其在Larder Lake - Cadillac斷裂帶範圍內延續超過20公里,"卡地爾總裁兼首席執行官評論道。
新結果的詳細信息如下:
孔 | 座標 UTM(米) | 方位角(°)/ 下降角(°) | 起點 (米) | 要 (米) | 黃金 (克/噸) | 長度 (米) | 黃金 區域 | 黃金 結構 |
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 |
礦化帶長度以鑽孔巖芯中的測量長度表示。
礦化交匯部位的估算實際寬度約爲所報長度的70%至85%。
表2:之前的結果詳細信息
孔 | 座標 UTM(米) | 方位角(°)/ 下降角(°) | 起點 (米) | 要 (米) | 黃金 (克/噸) | 長度 (米) | 黃金區 | 黃金結構 |
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 |
礦化帶長度以鑽孔巖芯中的測量長度表示。
礦化帶寬度估算值約爲報告長度的65%至85%。
Chimo礦項目簡介:
以長期黃金價格爲1,750美元/盎司,匯率爲1.00加元=0.77美元計算:
- 正面的PEA **,稅後NPV5%爲3,880萬加元,IRR爲20.8%
- MRE *:指示資源中有72萬盎司黃金,推斷資源中有163.3萬盎司黃金。
表3:黃金價格敏感度,來源於2023年5月26日的PEA **。
*加拿大魁北克欽奧礦山和西諾多金礦礦產資源估算,文森特·納多-貝努瓦萬·尚-卡里埃佩吉(Vincent Nadeau-Benoit)、艾倫·卡里爾(Alain Carrier)、馬克·R·博韋(Marc R. Beauvais),InnovExplo Inc.,2022年8月22日。
** Chimo礦和West Nordeau金礦牀,Chimo礦和East Cadillac礦產,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技術報告和初步經濟評估,2023年5月29日。
Cartier Resources Inc.成立於2006年,是一家位於魁北克省瓦爾多鎮的先進黃金項目勘探公司。該公司的項目位於魁北克,一直被評爲全球最佳採礦管轄區之一。Cartier正在推進旗艦Chimo Mine項目的發展,並勘探其它項目。該公司現金頭寸超過450萬加元,並得到了包括Agnico Eagle Mines、O3 Mining和魁北克投資基金在內的重要企業和機構的支持。
成立於2006年,Cartier Resources Inc.是一家位於加拿大魁北克省Val-d'Or的勘探公司。該公司的項目位於魁北克,這裏一直是全球最佳的礦業司法管轄區之一。Cartier正在積極推進其旗艦Chimo礦項目的開發並探索其它項目。公司擁有重要的企業和機構支持,包括Agnico Eagle Mines公司,O3 Mining公司和省級投資基金。
質量保證/質量控制
爲了確保質量控制,對於每一批送往實驗室的樣品,Cartier都會以認證標準的形式插入樣品數量的5%,並以空白的形式插入另外5%。這些樣品在加拿大魁北克省Ste-Germaine-Boule的Techni-Lab(Actlabs)實驗室進行分析。實驗室將3至5kg的樣品粉碎至10目(2.00mm)以下的90%,然後每個樣品的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進行火試驗分析。結果≥1.0g/t和<10.0g/t的樣品會重新進行原子吸收法進行火試驗分析。大於或等於10.0g/t Au的樣品則採用重量法。對於含有可見金的樣品,實驗室採用金屬篩法對500克的岩石樣品進行分析。
合格人員
本新聞稿中公司的所有科學和技術信息由Gaétan Lavallière和Ronan Déroff兩位合格人員(根據第43-101號國家工具手冊定義)編制和審查。Lavallière先生批准了本新聞稿中所載的信息。
如需更多信息,請聯繫:
Philippe Cloutier,P.Geo。
總裁和首席執行官
電話:819-856-0512
philippe.cloutier@ressourcescartier.com
TSX Venture Exchange及其監管服務提供方不對本新聞稿的充分性或準確性負責。
圖2:Chimo礦項目持續進行的2024年鑽探計劃。
附帶的照片可在以下網址獲取