Cartier Resources Inc.

Cartier Resources Inc.

May 24, 2013 09:46 ET

Cartier Resources Inc.: 2013 Drilling Confirms Continuity of Mineralization and Increases Potential of Benoist Property

VAL-D'OR, QUÉBEC--(Marketwired - May 24, 2013) -

Editor's Note: A figure is associated with this press release.

Cartier Resources Inc. (TSX VENTURE:ECR) ("Cartier") announces that drill results returned intersections such as 12.3 g/t Au over 1.0 m included within an interval of 27.0 m grading 1.1 g/t Au and 7.5 g/t Au over 1.0 m included within an interval of 10.0 m grading 1.0 g/t Au. The results are from a five-hole for a total of 4,155 m drill program conducted beneath the Pusticamica deposit. The program confirmed the continuity and the potential of the mineralization between 450 and 700 m depth. The drilling led to the discovery of a new type of mineralization which is associated with a felsic intrusive (Figure), in addition to the Pusticamica-type. Over 225 m, six drill hole intersections graded over 4.6 g/t Au / 1.0 m and up to 24.5 g/t Au / 3.0 m*.

"The results are positive as they confirm the continuity of the mineralization at depth and found a second type of mineralization which increases the potential of the project" commented Philippe Cloutier, President and CEO.

At the depth drilled, a wide Pusticamica-type gold mineralization is associated with strong chlorite-rich hydrothermal alteration zone is cut by a felsic intrusive. This intrusive hosts over 225 m the results presented in the table below:

Drill Hole Length (m) Au (g/t) MF(Au) Ag (g/t) Cu (%)
Pu-12-01* 3.0 24.5 73.6 1.2 n/a
incl. within 65.0 1.7 110.5 7.1 0.2
Pu-12-01* 134.0 0.9 117.9 3.5 0.1
Pu-12-02* 3.0 9.3 27.8 n/a n/a
Pu-12-02 12.0 1.0 12.0 6.8 0.2
Pu-12-02 107.0 0.7 74.9 2.4 n/a
Pu-12-03 1.0 4.7 4.7 4.6 0.2
incl. within 2.5 2.5 6.2 2.6 n/a
Pu-13-04 1.0 12.3 12.3 5.4 n/a
Pu-13-04 1.0 6.7 6.7 16.6 0.4
incl. within 27.0 1.1 29.7 2.4 0.1
Pu-13-04 1.0 5.5 5.5 11.7 0.5
Pu-13-04 1.0 4.6 4.6 n/a n/a
Pu-13-04 220.0 0.4 88.0 n/a n/a
Pu-13-07 1.0 6.0 6.0 2.3 0.2
Pu-13-07 1.0 7.5 7.5 n/a n/a
incl. within 10.0 1.0 10.0 n/a n/a
Pu-13-07 170.0 0.2 37.4 n/a n/a
Table of 2012 - 2013 drill results
*: Results previously provided in the September 18 and November 5 2012 press releases.
*TheMetalFactor (MF(AU)) is the product of the gold content by the length, representing the amount of gold contained in the rock.
n/a : Not analysed for this metal or no significant value.

The project is located 65 kilometers northeast of the town of Lebel-sur-Quevillon and is accessible via a network of forestry roads. The Pusticamica gold deposit is situated 25 km south-west of the Bachelor Mine and 30 km north-east of the Gonzague-Langlois Mine.

Quality Assurance/Quality Control

The exploration program and the technical information presented in this press release have been reviewed and approved by Mr. Gaétan Lavallière, P. Geo., and Vice President for Cartier. Mr. Lavallière is a qualified person as defined by National Instrument 43-101.

About Cartier

The company's objective is to set up a dynamic process which will allow it to develop and maintain a balanced portfolio of mining projects ranging from exploration to resource definition, development and production. Its VISION is to develop the company's current and future assets into near to medium term mineral production with a schedule consistent with its human and financial resources and respecting sustainable development practices.

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