Highlights of this press release
Continuation of the 2024 Drilling Program
- Phase II aims to continue exploring the prolific Larder Lake – Cadillac Fault Zone over a distance of 10 km of the Chimo Mine Project (FIGURE 1);
- The Program consists of 160 drill holes, for a total of 28,000 m, continues in order to explore over 50 gold-bearing targets from 54 different drill site.
VAL-D'OR, Quebec, July 09, 2024 (GLOBE NEWSWIRE) -- Cartier Resources Inc. (TSXV: ECR, FSE: 6CA) ("Cartier" or the "Company") announces the start of Phase II of the 28,000 m for 2024 (FIGURE 1) 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.
Drilling focuses on the 50 best historical results (FIGURE 3), from 780 drill holes dating from 1937 to 2021. The Favorable Gold Strike, explored by this Program, is 10 km long; 75% of which was acquired by Cartier in April 2022.
« The High-Grade gold-bearing structures, explored by this Program, aims to discover new mining potential along the Larder Lake – Cadillac Fault Zone, well known for numerous significant gold mines in Canada » commented Cartier's President and CEO.
About the Chimo Mine Project
- Using a long-term gold price of 1,750 $ US/oz and an exchange rate of 1,00 $ CA = 0,77 $ US, at April 13, 2023 date of publication of the PEA:
- Positive PEA**, after tax: NPV5% of CA$388M and 21% IRR
- MRE*: 720,000 ounces of gold in Indicated Resources and 1,633,000 ounces of gold in Inferred Resources
* 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
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A photo accompanying this announcement is available at:
本新聞發佈會的亮點如下：
2024年鑽探計劃的延續
- 二期旨在沿Chimo礦山項目（圖1）的Larder Lake - Cadillac Fault Zone繼續探索長達10公里的地區；
- 該計劃包含160個鑽孔，共計2800000萬個，旨在從54個不同的鑽孔地點探索50個黃金礦點。
2024年2800000萬（圖1）的二期計劃已於2024年7月9日在魁北克省瓦爾多（Val-d'Or）啓動，該計劃旨在探索Chimo礦山項目（圖2）。該項目包括Chimo礦山和East Cadillac屬性，後者於2022年4月7日收購。Cartier於2024年1月4日開始探索East Cadillac屬性的這一部分。這些屬性均爲Cartier公司100%擁有，戰略地位於瓦爾多礦區東部45公里處。
鑽探重點放在最好的50個歷史結果上（圖3），這些歷史結果的鑽孔可以追溯到1937年至2021年期間的780個。這個項目探索的Favorable Gold Strike長達10公里；其中75%於2022年4月被Cartier收購。
Cartier的總裁兼首席執行官評論稱：“這個項目探索的高品位含金結構旨在在加拿大著名的Larder Lake - Cadillac Fault Zone上發現新的礦藏潛力。”
根據所得稅後計算的正面PEA，NPV爲3.88億加元，IRR爲21%
- 根據PEA發佈日期2023年4月13日，使用1,750美元/盎司的長期黃金價格和1,00美元/加元=0,77美元/美元的匯率：
- 稅後PEA**的NPV5%爲3,8800萬加元和21%的IRR
- Cartier Resources Incorporated成立於2006年，是一家位於加拿大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，此處一直被評爲全球最佳採礦管轄區之一。Cartier正在推進旗艦Chimo礦山項目的發展，並勘探其他項目。該公司現金頭寸超過450萬加元，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。
*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 Mine和West Nordeau Gold Deposits的NI 43-101技術報告和初步經濟評估，Chimo Mine和East Cadillac Properties，魁北克，加拿大，InnovExplo Inc.的馬克·R·博韋（Marc R. Beauvais）擔任工程師，Bumigeme的弗洛倫特·巴里爾先生，Responsible Mining Solutions的P.Eng. Eric Sellars先生。發表於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。
Cartier Resource Inc.成立於2006年，是一家總部位於加拿大魁北克省瓦爾多（Val-d'Or）的勘探公司。該公司的項目均位於魁北克省，該省一貫被譽爲世界上最好的礦產開發地區。Cartier公司正在積極推進其旗艦礦山項目Chimo Mine的開發，並在探索其它項目。該公司擁有Agnico Eagle Mines、O3 Mining和省級投資基金的大力支持。
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
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