Cartier Drills the Massive Sulphides (Zn-Cu-Ag) on the MacCormack Property
30.10.2014 | Marketwired
VAL-D'OR, QUEBEC -- (Marketwired - Oct. 30, 2014) - Cartier Resources Inc. (TSX VENTURE:ECR) ("Cartier") announces that it has launched a drill program on the MacCormack Property, situated 25 km north-north west of the Bousquet - LaRonde mining camp infrastructures, near Malartic in the Abitibi.
The objective of the three-hole program is to test the continuity of the volcanogenic massive sulphide (VMS) mineralisation intersected by Cartier in 2009. Drill hole MC-09-01 cut, at a depth of 120 m, a massive sulphide intersection grading 11.1 % Zn, 1.2 % Cu and 66.2 g/t Ag over 0.4 m. This intersection is within a 1.3 m section of sulphide-rich rhyolite that graded 4.6 % Zn, 0.4 % Cu and 28.7 g/t Ag. The lengths presented here are those measured along the core axis.
This massive sulphide zone is situated at the contact of a rhyolite dome with mafic volcanics. The composition and geochronological dating of the rhyolite, factored with the spatiotemporal association with the ultramafic flows, is reminiscent1 of the favorable Kidd-Munro geological assemblage, host of the world class Kidd Creek deposit in Timmins. The rocks are highly altered with chlorite (Ishikawa Alteration Index up to 80 %) and sericite and strewn with magnetite stringers. The geological, geochemical and geophysical characteristics shows that the continuity of the favorable contact over a 3 km strike length on the property.
« The immediate extension of the 2009 massive sulphide discovery on the MacCormack property was not followed up by drilling » commented Philippe Cloutier, President and CEO, adding « we hope to rapidly demonstrate by this drilling the potential that this area has for the discovery of a significant VMS deposit ».
Quality Assurance / Quality Control
The scientific and/or technical information presented in this press release has been reviewed and approved by Mr. Gaétan Lavallière, P. Geo., Ph. D., and Vice President for Cartier. Mr. Lavallière is a qualified person as defined by National Instrument 43-101.
1 : Source : Géologie des régions de La Pause et de Preissac, feuillets 32D/07 Est - 32D/08 Ouest, cartographie et compilation par Pierre Pilote, MRNFQ (2008); poster Québec Exploration 2008.
Neither the TSX Venture Exchange nor its regulatory services provider accepts responsibility for the adequacy or accuracy of this press release.
Contact
Cartier Resources Inc.
Philippe Cloutier, P.Geo., President and CEO
819 856-0512
philippe.cloutier@ressourcescartier.com
www.ressourcescartier.com
Louis Morin
Investor relations
514 845-1101
The objective of the three-hole program is to test the continuity of the volcanogenic massive sulphide (VMS) mineralisation intersected by Cartier in 2009. Drill hole MC-09-01 cut, at a depth of 120 m, a massive sulphide intersection grading 11.1 % Zn, 1.2 % Cu and 66.2 g/t Ag over 0.4 m. This intersection is within a 1.3 m section of sulphide-rich rhyolite that graded 4.6 % Zn, 0.4 % Cu and 28.7 g/t Ag. The lengths presented here are those measured along the core axis.
This massive sulphide zone is situated at the contact of a rhyolite dome with mafic volcanics. The composition and geochronological dating of the rhyolite, factored with the spatiotemporal association with the ultramafic flows, is reminiscent1 of the favorable Kidd-Munro geological assemblage, host of the world class Kidd Creek deposit in Timmins. The rocks are highly altered with chlorite (Ishikawa Alteration Index up to 80 %) and sericite and strewn with magnetite stringers. The geological, geochemical and geophysical characteristics shows that the continuity of the favorable contact over a 3 km strike length on the property.
« The immediate extension of the 2009 massive sulphide discovery on the MacCormack property was not followed up by drilling » commented Philippe Cloutier, President and CEO, adding « we hope to rapidly demonstrate by this drilling the potential that this area has for the discovery of a significant VMS deposit ».
Quality Assurance / Quality Control
The scientific and/or technical information presented in this press release has been reviewed and approved by Mr. Gaétan Lavallière, P. Geo., Ph. D., and Vice President for Cartier. Mr. Lavallière is a qualified person as defined by National Instrument 43-101.
1 : Source : Géologie des régions de La Pause et de Preissac, feuillets 32D/07 Est - 32D/08 Ouest, cartographie et compilation par Pierre Pilote, MRNFQ (2008); poster Québec Exploration 2008.
Neither the TSX Venture Exchange nor its regulatory services provider accepts responsibility for the adequacy or accuracy of this press release.
Contact
Cartier Resources Inc.
Philippe Cloutier, P.Geo., President and CEO
819 856-0512
philippe.cloutier@ressourcescartier.com
www.ressourcescartier.com
Louis Morin
Investor relations
514 845-1101