Cartier Resources Inc.
TSX VENTURE : ECR

Cartier Resources Inc.

October 30, 2014 08:30 ET

Cartier Drills the Massive Sulphides (Zn-Cu-Ag) on the MacCormack Property

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.

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