November 5, 2012
Cartier Cuts 24.5 g/t Gold over 3.0 Meters on Benoist Project
Val-d’Or, November 5, 2012— Cartier Resources Inc. (TSX-V: ECR) (“Cartier”) announces additional drill results from recent drilling that confirm the continuity at depth of the Pusticamica gold deposit (refer to press release dated September 18, 2012), on the Benoist project. The new results increase the volume of the gold mineralized zone.
Additional sampling in drill Hole Pu-12-01 yielded 24.5 g/t gold over 3.0 meters* at a depth of 475 meters and is included within a mineralized envelop that grades 0.9 g/t gold over 134.0 meters. This new gold intersection, along the depth extension of the Pusticamica Gold-Bearing Zone, is situated over 200 meters from historical drilling and is located 27 meters from a high grade intersection recently announced grading 9.3 g/t gold over 3.0 meters included within an interval grading 0.6 g/t Au over 73.0 meters.
“This project acquisition completed in March 2012 now shows greater reward potential for Cartier investors since the results of our first drill programme confirm that the Pusticamica Gold-Bearing Zone is wide, continuous and opens at depth. The programme was aimed at better defining and increasing the volume of the gold-bearing mineralization of the deposit.” commented Philippe Cloutier, President and Chief Executive Officer. “These two new high grade intersections, each 3.0 meters wide, demonstrate the continuity of the gold mineralization at depths over 475 meters. The 2012 objective has been reached and the team is confident in planning the 2013 programme with the aim of further growing this project.” a dded Mr. Cloutier.
The Benoist project is situated 65 km north-east of the town of Lebel-sur-Quévillon, 25 km from the Bachelor Mine in Desmaraisville and 30 km from the Nyrstar’s Gonzague-Langlois Mine.
Table of Diamond Drill Results
|Drill Hole||From||To||Length||Gold (Au)|
|Pu-12-03||Additional assays pending|
* :The 24.5 g/t Au / 3.0 m includes 70.8 g/t Au / 1.0 m by gravimetric finish.
The company’s objective is to operate 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 mineral production with a schedule consistent with its human and financial resources and respecting sustainable development practices.
Quality Assurance / Quality Control
The exploration program and the technical information presented in this press release have been reviewed and approved by Mr. Philippe Berthelot, P. Geo., and Senior Geologist-Exploration for Cartier. Mr. Berthelot is a 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 performed by AGAT laboratories, Mississauga, Ontario, an accredited laboratory.
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For further information please contact:
President and CEO
Cartier Resources Inc.
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