Cartier Resources Inc.
TSX VENTURE : ECR

Cartier Resources Inc.

March 31, 2016 09:00 ET

Cartier Identifies New Drill Targets on MacCormack

VAL-D'OR, QUEBEC--(Marketwired - March 31, 2016) - Cartier Resources Inc. (TSX VENTURE:ECR) ("Cartier") announces the results of the deep investigation OreVision geophysical survey, completed in January 2016 on the MacCormack Property, situated 25 km north-north-west of the Bousquet - LaRonde mining camp infrastructures. The results generated two (2) drill target zones (Figure).

Interpretation of geological and geophysical data led to the identification of a "graben" type structure, that hosts the favorable features for VMS deposits. These features are:

  • Thickening (25 to 200 m) of the rhyolitic units;
  • Hydrothermal alteration of the rhyolites (Ishikawa Index > 80 %);
  • Presence of favorable horizons (exhalites);
  • Presence of massive sulphides grading:
    • 11.10% Zn, 1.23% Cu, 66.2 g/t Ag and 0.29 g/t Au / 0.4 m ;
    • 11.51% Zn, 0.21% Cu, 44.2 g/t Ag and 1.98 g/t Au / 0.6 m.

A 2 000 m diamond drill program and budget was prepared to explore the new potential of this area. Interpretation of new data has also identified similar features for VMS mineralization in the western portion of the property. This area will be prospected over the summer months.

«These results have considerably increased our understanding of the mineralized system and controls for VMS mineralization on the property (Figure)» commented Philippe Cloutier, President and CEO.

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.

Neither the TSX Venture Exchange nor its regulatory services provider accepts responsibility for the adequacy or accuracy of this press release.

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