June 28, 2012
Cartier Targets to Increase Volume of the Pusticamica Gold Deposit / Benoist Project
Cartier Targets to Increase Volume of the Pusticamica Gold Deposit / Benoist Project
Val-d’Or, June 28, 2012— Cartier Resources Inc. (TSX-V: ECR) (“Cartier”) announces that a drill program is currently underway on the Benoist project, located 65 km northeast of the municipality of Lebel-sur-Quévillon in the province of Quebec (see the April 5, 2012 press release). The program consists of 6 holes for a total of 5,800 meters.
“This first program aims to better delineate and increase the volume of gold-bearing mineralization of the Benoist project’s Pusticamica deposit,” said Philippe Cloutier, President and CEO. “The drilling is exclusively aimed to demonstrate the extension of the deposit at depth and the continuity of the gold mineralization with values that compare with those encountered in 1992.”
Drilling1 on the Pusticamica deposit, prior to the Cartier program, included 62 holes for a total of 20,068 meters. Holes were mainly drilled within the first 300 meters below the surface. Currently, the Pusticamica deposit consists of a mineralized lens 200 meters long and about 50 meters thick dipping 50° to the southwest.
Previous drilling intersections included :
| Drilling | From | To | Length | Au | Ag | Cu |
| m | m | m | g/t | g/t | % | |
| 91-26A | 75.4 | 131.7 | 56.3 | 5.24 | 11.17 | 0.26 |
| including | 81.3 | 102.2 | 20.9 | 7.00 | 13.58 | 0.21 |
| including | 117.9 | 129.6 | 11.7 | 8.23 | 18.36 | 0.54 |
| 91-30A | 142.0 | 197.5 | 55.5 | 5.38 | 13.91 | 0.27 |
| including | 174.7 | 189.3 | 14.6 | 8.70 | 20.16 | 0.47 |
| 92-44 | 32.0 | 116.0 | 84.0 | 2.99 | 4.12 | 0.11 |
| including | 41.0 | 78.0 | 37.0 | 6.51 | 8.11 | 0.22 |
| including | 57.0 | 78.0 | 21.0 | 10.35 | 12.39 | 0.35 |
| 92-58 | 192.0 | 251.7 | 59.7 | 4.19 | 13.11 | 0.24 |
| including | 192.0 | 207.0 | 15.0 | 9.99 | 26.47 | 0.39 |
1 Cartier believes the information is reliable, but has not re-assayed any of the drill cores. Additional drilling will be necessary to confirm the results from previous drilling programs.
“We look forward to receiving the first drilling results, as they will help us better understand the deposit’s features and guide future work on this project,” concluded Mr. Cloutier.
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 mineral production with a schedule consistent with its human and financial resources and respecting sustainable development practices.
Quality Assurance / Quality Control
The scientific and/or technical information presented in this press release has been reviewed and approved by Mr. Philippe Berthelot, P.Geo., and Vice President Exploration for Cartier. Mr. Berthelot is a qualified person as defined by National Instrument 43-101.
– 30 –
For further information please contact:
Philippe Cloutier
President and CEO
Cartier Resources Inc.
Phone: 819-874-1331
Toll-free: 1-877-874-1331
Fax: 819-874-3113
info@ressourcescartier.com
http://www.ressourcescartier.com/
Neither the TSX Venture Exchange nor its regulatory services provider accepts responsibility for the adequacy or accuracy of this press release.