| Announcement Date: | 2022-01-18 |
|---|---|
| Announcement Type: | Exploration Update |
| Announcement Code: | NI43-101 |
| Company name: | Cartier Resources Inc. |
| Project name: | Fenton |
| Location: | Canada |
| Commodities: | Gold |
| Highlight: | Channel sampling results incl. 27.4g/t Au over 8.0m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Val-d’Or, January 18th , 2022 – Cartier Resources Inc. (TSX-V: ECR) (“Cartier”) is pleased to announce high grade channel sampling results from the 2021 exploration program at the 100 % owned Fenton gold property located 50 km southwest of Chapais, Quebec, Canada. Results from the channel sampling program at the Fenton gold property (see November 29th , 2021 news release for information) carried out in November 2021 have been received by Cartier. The Fenton gold Structure has a geometry, identified to date, over 325 m in length by 15 to 25 m in width. In surface, the center of the Fenton gold Structure returned values up to 69.1 g/t Au over 2.0 m, included in 43.5 g/t Au over 4.0 m, also included in an interval grading 27.4 g/t Au over 8.0 m (Refer to the FIGURE and Table 1 below). Recall that, significant historical drill intercepts had returned 29.6 g/t Au / 2.0 m included in 20.0 m grading 3.4 g/t Au also within a broad interval of 64.7 m grading 1.5 g/t Au; located at a depth of 550 m, below the channel results presented in this release |
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