December 2, 2010
Cartier Reports New Results up to 1.54% Copper and 0.14 g/t Pd on Rivière Doré Property
Val-d’Or, Quebec, December 2, 2010 – Cartier Resources Inc. (TSX-V: ECR) (“Cartier”) is pleased to announce that it has discovered a new copper showing on its Rivière Doré property, located south-east of the town of Val-d’Or in the province of Quebec. Samples returned up to 1.54% copper (Cu) and 0.14 g/t palladium (Pd) in large boulders and 0.74% copper (Cu) in outcrop. This latest discovery is 10 kilometers north-east from the original 2010 Lake Bruges discovery (1.0% Cu over 6m from channel sampling). On October 28th Cartier announced it had signed a binding LOI with Copper One Inc. (TSX-V: CUO) (“Copper One”). Copper One and Cartier are developing a Definitive Agreement to support the previously signed LOI. Ongoing exploration work, including sampling, mapping, and target identification should lead to diamond drilling in 2011.
The assay results are from a remote portion and previously untested area in the northeast sector of an 80 kilometer long magnetic anomaly that betrays a layered mafic intrusive complex. This latest discovery is located on the northern flank of the intrusive complex. Prospecting led to the discovery of malachite (copper alteration mineral) stained pyroxenite boulders and nearby outcrops. A cluster of electromagnetic samples situated 1 kilometer to the east suggest continuity for the mineralization.
The table below is a summary of the results from this new northeast discovery.
|
Sample Type
|
Cu%
|
g/tPd
|
g/tPt
|
g/tAu
|
g/tAg
|
|
Glacial boulder (80 cm channel)
|
1.54
|
0.112
|
0.017
|
0.131
|
1.9
|
|
Glacial boulder
|
1.45
|
0.143
|
0.024
|
0.153
|
2.8
|
|
Glacial boulder
|
1.41
|
0.083
|
0.016
|
0.097
|
1.6
|
|
Glacial boulder (90 cm channel)
|
1.36
|
0.113
|
0.016
|
0.123
|
1.7
|
|
Select Grab in outcrop
|
0.74
|
0.132
|
0.025
|
0.124
|
1.6
|
|
Select Grab in outcrop
|
0.37
|
0.066
|
0.014
|
0.059
|
1.6
|
|
Channel sample over 1 m in outcrop
|
0.32
|
0.013
|
0.017
|
0.108
|
0.8
|
“Cartier believes that these results continue to show the highly prospective potential of the Rivière Dore property,” commented Philippe Cloutier, President and CEO of Cartier. “With Copper One, we plan additional glacial till sampling and prospecting as well as detailed ground electromagnetic-magnetic surveys that will lead to diamond drilling in 2011.”
Copper One and Cartier are preparing an aggressive exploration program that will include drilling the discovery area and exploring several new strategic targets on the property. The ease of access and lay of the ground allow for exploration on the property on a year-round basis for trenching and drilling.
Figure: Location of the new Copper Showing
Quality Assurance/Quality Control
The Rivière Doré exploration program is conducted under the supervision of Mr. Philippe Berthelot, P. Geo., Cartier’s Vice President – Exploration, 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 sent to a commercial laboratory. 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 of which are accredited laboratories.
The technical information in this news release has been reviewed and approved by Mr. Thomas R. Kilbey, Copper One’s Vice President – Exploration, a certified professional geologist and a qualified person as defined by National Instrument 43-101.
About Cartier Resources
Cartier is an exploration company focused on gold and currently holds significant land holdings in the prolific Abitibi Gold Belt in Quebec. The company’s portfolio of properties consists of wholly-owned projects which are managed by a team of geologists who have a proven track record of making significant discoveries.
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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.