UPDATED : JULY 30^th, 2024

Project

Benoist

Status

Mineral Resource Estimate (“MRE”)

Exploration drilling to explore extensions of the Pusticamica Gold Deposit and their peripheral potential

COMMODITIES

Au and Cu and Ag by-products

LOCATION

Miquelon, Quebec (Figure 1)
Benoist Township
SNRC 32F08
Latitude : 49° 20′ 06” N
Longitude : 76° 22′ 23” O

CLAIMS

The property is composed of 73 contiguous claims for a total area of 3,085.74 hectares.

STATUS

Interests of the property are currently held 100% by Cartier Resources Inc.

ROYALTIES

“NSR” royalties are held on certain claims of the property.

KEY POINTS

The resource^* estimate for the Pusticamica Gold Deposit on the Benoist Property was produced using a gold price of US $ 1,610 per ounce and a cut-off grade of 1.5 g/t AuEq:

• 1,455,400 tonnes at an average grade of 87 g/t AuEq for a total of 134,400 ounces of gold in the indicated resource category;
• 1,449,600 tonnes at an average grade of 2.30 g/t AuEq for a total of 107,000 ounces of gold in the inferred resource category.

^* NI 43-101 Technical Report and Mineral Resource Estimate for the Benoist Property, Québec, Canada

An important favorable rock volume (rhyolitic lavas) can be explored on the property around the Pusticamica Gold Deposit to generate drill targets (6.3 km x 500 m x 450 m) (FIGURE 3).

DRILL PROGRAMME

The Benoist mineralized system (FIGURE 4), as documented by the 2021 drilling, is present over a length of 3 km by widths of 350 m and reaches a depth of 1,300 m while remaining  open laterally and at depth. This system includes the resources* of the Pusticamica deposit (FIGURE 5).

* NI 43-101 Technical Report and Mineral Resource Estimate for the Benoist Property, Québec, Canada

Main results

• OreVision - Drill Holes Targets - Plan View 300 m deep Download
• BEST RESULTS Download
• Figure 1 - Property Location Download
• Figure 2 - Claims Map Download
• Figure 3 - Regional Geology and Potential Download
• Figure 4 - Plan View Pusticamica Gold Deposit Download
• Figure 5 - Longitudinal Section Pusticamica Gold Deposit Download
• Figure 6 - Cross Section 150W Pusticamica Gold Deposit Download
• Figure 7 - Cross Section 200W Pusticamica Gold Deposit Download
• Results May 24, 2013 Download
• Nouvel outil d'exploration pour Benoist Download
• Levés 2015 OreVision et Magnétométrique Download
• Picture 1 - Py-Cp-Chl Stringers (Drill Hole Pu-14-13) Download
• Picture 2 - Py-Cp-Chl Stringers Download
• Picture 3 - Py-Cp-Chl Stringers Download
• Picture 4 - Gold Occurence Download
• Picture 5 - Pusticamica Gold Distribution (Red dots) Download
• Picture 6 - Correlation between Alteration Index and Mineralisation Download
• Picture 7 - Geophysical Caracteristics of the Mineralisation Download
• Pusticamica Mineralization Download
• Pusticamica Mineralization Download
• Pusticamica Mineralization Download
• Figure 8 - Ore Vision Test-Line Survey Results Download
• Figure 9 - Ore Vision Survey and Favorable Horizon Areas Download
• Figure 10 - OreVision - Drill Holes Targets - 750W Cross Section dnd Longitudinal Section Download
• Figure 11 - OreVision Drill Hole Targets - Plan View 300 m deep Download
• 210121_Benoist DDH_FIGURE Download
• 211217_Benoist 43-101 Download
• NI 43-101 Report_Benoist_210129 Download

Other documents

• Diagnostic socio environnemental Download
• Descriptions petrographiques Download
• Longitudinal Section Pusticamica Gold Deposit Download