• TSX-V:ECR 0.08 (0)
  • Volume 254650

Press releases

April 8, 2010

Cartier Acquires Major Land Holding Along Extension of Prolific Larder Lake-Cadillac Fault

Val-d’Or, Quebec, April 8, 2010 – Cartier Resources Inc. (TSX-V: ECR) (“Cartier”) is pleased to announce the acquisition by staking of two new properties, bearing the names of Cadillac Extension and DeCorta, that show significant potential for gold, silver, copper and zinc rich mineralization. These new properties are located in the extension of the Abitibi greenstone belt and the major Larder Lake-Cadillac Fault Zone, east of Val-d’Or, in the province of Quebec. These extensions are demonstrated by the presence of the polymetalic Langlade discovery (16.0% Zn, 4.2% Cu, 38.0 g/t Ag and 0.44 g/t Au over 1.1 meter) and gold in till anomalies grading up to 13.6 g/t Au. These recent acquisitions stem from significant results obtained from a large regional till survey (395 samples) conducted by Cartier. The ongoing study of previous work has revealed that the newly acquired properties host significant mineralization. Recent work (2003-2B project) by the CONSOREM, a Quebec-based research institute, identified an east-west striking structure over 100 kilometers in length within the parautochtonous zone of the Grenville rocks. Cartier’s new properties are situated along this prominent feature. This structure was identified with forecasting tools for mineral exploration in high grade metamorphism terrains and is interpreted as being the extension of the prolific Larder Lake-Cadillac Fault Zone (https://consorem.uqac.ca/production_scien/2003_2_ab/2003-2b_grenville_eng.pdf). “We staked new property and acquired the lapsed Langlade claims following a successful regional surveying campaign that identified these prospective areas,” commented Philippe Cloutier, President and CEO of Cartier. “The mineralization outcrops in the area and the historical drilling and trenching have demonstrated high-grade gold-silver-copper and zinc values. Our plan is to advance this project as it is highly accretive to our existing property portfolio and has the potential to produce a resource for Cartier in the near future.” Cadillac Extension Property The Cadillac Extension property consists of 134 map staked cells for a total area of 73 square kilometers. Cartier’s regional till survey, coupled with the survey of lake bottom sediment, has resulted in the identification of a glacial dispersion trend of geochemical anomalies in gold, arsenic and bismuth. The source, situated up ice flow, is characterized by a swarm of electromagnetic anomalies that straddle secondary shear zones (splays) to the extension of the Larder Lake-Cadillac Fault Zone. The property hosts the historic Langlade VMS discovery. The polymetalic gold-silver-copper and zinc rich Langlade deposit was discovered by Cominco in 1993. The deposit is characterized by lens of disseminated to semi-massive sulphides consisting of sphalerite-chalcopyrite-galena-pyrite-pyrrhotite. Surface channel samples from trenching have returned 16.0% Zn, 4.2% Cu, 38.0 g/t Ag and 0.44 g/t Au over 1.1 meter, as well as select grabs grading up to 425.5 oz/t Ag and 10.2 g/t Au. Drilling of this mineralization at depth returned 5.5% Cu, 9.3% Zn over 0.95 meters, 2.45% Cu, 13.0% Zn over 1.0 meter as well as 1.7% Cu and 7.7% Zn over 1.14 meters. DeCorta Property The DeCorta property consists of 47 map staked cells for a total area of 23 square kilometers. The property is centered on the strongest gold in till anomaly of the regional survey and is situated over a flexure zone of a portion of the extension of the Larder Lake-Cadillac Fault Zone. A till sample collected by Cartier returned 13.6 g/t Au in the concentrates and additional follow-up sampling confirmed the anomalous value. A detailed compilation of the area is in progress and will help generate new strategic targets. The ease of access and lay of the ground allow Cartier to work the property on a year-round basis for trenching and drilling. Cartier has multiple options to fund the exploration of these properties through financing or partnership and will be providing updates to its shareholders regarding the advancement of this project. Quality Assurance/Quality Control The Cadillac Extension and DeCorta exploration programs are conducted under the supervision of Mr. Philippe Berthelot, P. Geo., qualified person as defined by National Instrument 43-101. Cartier has implemented and adheres to a strict Quality Assurance/Quality Control program which includes mineralized standards and blanks for each batch of samples. Assay samples are taken from drill core sawed in half with one half sent to a commercial laboratory and the other half retained for future reference. Analyses are either performed by Techni-lab S.G.B. Abitibi inc. in Sainte-Germaine, Quebec, or by ALS-Chemex in Val-d’Or, Quebec, both accredited laboratories. -30- For further information please contact: Philippe Cloutier President and CEO Cartier Resources Inc. Telephone: 819 874-1331 Fax: 819 874-3113 info@ressourcescartier.com www.ressourcescartier.com The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this press release.