• TSX-V:ECR 0.14 (0.00)
  • Volume 463,750

Wilson

Hosts the Toussaint deposit with significant upside of untested depth and lateral extensions. Numerous satellite gold-bearing showings makeup a 800-m wide corridor striking across the project area.

Highlights

UPDATE : SEPTEMBER 22th, 2016

PROJECT

Wilson

STATUS

Exploration drilling to explore the depth and lateral extention of the Toussaint deposit and to investigate the potential of the immediate vicinity for new gold mineralization.

COMMODITIES

Gold (Au)

LOCATION

15 km east of Lebel-sur-Quévillon, Québec (Figure 1)
Canton : Verneuil
NTS map sheet : 32F02
Latitude : 49° 02′ 24″ N
Longitude : 76° 46′ 18″ W

MINING TITLES

The property consists of 42 contiguous claims (Figure 2) covering a surface area of 1,660 hectares.

PROPERTY RIGHTS

Cartier Resources Inc. holds a 100% interest in the property.

ROYALTIES

Viking Gold retain the following Net Smelter Return royalties (NSR) : i) a 0.50% NSR royalty on the Verneuil West Property, half of which (0.25% NSR) can be bought back for $250,000 and ii) a 0.35 % NSR royalty on the Verneuil Central Property, half of which (0.175% NSR) can be bought back for $175,000.

Golden Tag will retains a 0.15 % NSR royalty on the Verneuil Central Property, half of which (0.075% NSR) can be bought for $75,000.

KEY POINTS
  • The Toussaint Gold Deposit was discoved in 1992 during prospecting and stripping programs (Pictures 1 and 2);
  • To date, 60 holes have been drilled on the Toussaint deposit for a total of 9,631 m (Figure 13);
  • In 1994, Freewest Resources produced a historical resources estimate for the Toussaint deposit (GM 52557) of 187,706 tonnes at 7,1 g/t Au. Note : The qualified person has not done sufficient work to classify the resources that are the subject of this historical resources estimate. Cartier does not consider the resources presented in this historical resources estimate to be current. Cartier’s qualified person, within the meaning of NI43-101, is te Company’s Vice-president, Mr. Gaétan Lavallière, P. Geo., Ph. D.
  • The Toussaint deposit has been drilled to a depth of 250 m (Figures 6 and 7) and can be traced along strike for more than 900 m (Figure 4). The average thickness of the gold zone is 5 m (Figure 5).
  • The best results from the Toussaint deposit are presented in Figure 11.
  • The mineralization of the Toussaint deposit consits of disseminated pyrite ranging in concentration from 1 to 5%, locally up to 20% (Pictures 346 and 10). Pyrite is associated with coarse gold, sometimes visible to the naked eye (Pictures 578, and 9). Quartz breccia have been observed locally (Pictures 1112,13 and 14). Mineralization occurs within a zone of sheared rocks (Pictures 210 and 14) at the contact between a grabbroic dyke and dacitic lavas (Figure 10). Within the mineralized shear zone, alteration is mainly sericite, carbonates and silica.
  • Seven other district gold zones are present on the Wilson Property (Figure 3):
  • Midrim : Best results : 64.6 g/t Au over 0.4 m in drill core; 5.2 g/t Au over 4.6 m in drill core and 6.3 g/t au over 2.0 m in drill hole;
  • T & M : Best results : : 2.6 g/t Au over 0.5 m in drill core; 8.0 g/t Au over 0.8 m in a channel and 297.9 g/t Au in a grab;
  • Benoist : Best results : 1.0 g/t au over 3.5 m in drill core; 2.3 g/t Au over 2.0 m in a channel and 31.3 g/t Au in a grab;
  • Moneta Porcupine North : Best results : 3.9 g/t Au over 2.0 m in a channel and 14.3 g/t Au in a grab;
  • Moneta Porcupine South : Best results : 0.6 g/t Au and 36.8 g/t Ag over 3.8 m in drill core; 1.8 g/t Au and 114.0 g/t Ag over 1.0 m in a channel and 94.8 g/t Au in a grab;
  • Parnor East : Best results : 3.4 g/t Au over 0.3 m in drill core and 1.4 g/t Au over 0.5 m in drill core;
  • Parnor : Best results : 1.9 g/t Au aver 1.5 m in drill core;
  • The Toussaint Deposit and all other gold showings are characterized by chargeability anomalies generated by IP surveys (Figure 8);
  • To date, 107 drill holes have been drilled on the Wilson Property for a total of 16,007 m, including 60 holes on the Toussaint deposit for a total of 9,631 m (60%).

Presentation

HISTORICAL WORK

This section summarizes all historical work conducted on claims of the Wilson Property.

1949: Moneta Porcupine Mines (GM 00945)

Prospecting, mapping and stripping of 2 trenches;

Discovery of the Moneta Porcupine North and Moneta Porcupine South gold showings.

1956 : Midrim Mining (GM 04559)

Prospecting, mapping and stripping of the 2 trenches;

Discovery of the Midrim gold showings;

Six drill holes totalling 984 m on the Moneta Porcupine and Midrim showings:

  • Moneta Porcupine South : 26.4 g/t Au over 4.1 , (V-2);
  • Midrim : 64.6 g/t Au over 0.4 m and 7.7 g/t Au over 0.6 m (V-1).
1985-86 : Panor Exploration (GM 44694)

Prospecting, mapping and soil geochemistry;

Ground magnetic, electromagnetic and induced polarization surveys;

Six drill holes totalling 721 m on geophysical anomalies;

Discovery of the Parnor gold showing.

1991-95 : Freewest Canada Resources (GM 52145, 52146, 52557 et 55006)

Prospecting and geological mapping;

Discovery of the Toussaint deposit and the Benoist and T&M gold showings;

Basal till survey in the Toussaint deposit area (2 separate anomalies) and the T&M showing (1 anomaly);

Line cutting totalling 325 km;

Ground magnetic surveys totalling 325 km and ground electromagnetic surveys totalling 152 km;

Induced polarization survey totalling 36 km;

Stripping of 26 trenches on the Toussaint deposit and on the Moneta Porcupine, Benoist and T&M showings:

  • Toussaint : 8.0 g/t Au over 4.0 m in a channel and 745.2 g/t Au in a grab;
  • Moneta Porcupine North : 3.9 g/t Au over 2.0 m in a channel and 14.3 g/t Au in a grab;
  • Moneta Porcupine North : 1.8 g/t Au over 1.0 m in a channel and 94.8 g/t Au in a grab;
  • Benoist : 3.9 g/t Au over 1.0 m in a channel and 31.3 g/t Au in a grab;
  • T&M : 3.9 g/t Au over 1.8 m in a channel and 297.9 g/t Au in a grab.

22 drill holes totalling 1,840 m on the Toussaint deposit and the Benoist and T&M showings:

  • Toussaint : 10.6 g/t Au over 4.9 m (VP-92-10) and 9.9 g/t Au over 6.2 m (VP-93-22);

18 drill holes totalling 3,056 m on the Toussaint deposit and on IP anomalies:

  • Toussaint : 10.1 g/t Au over 2.4 m (VP-93-25) and 8.6 g/t Au over 2.6 m (VP-93-32);

4 drill holes totalling 1,079 m on the Toussaint deposit :

  • Toussaint : 20.2 g/t Au over 2.6 m (VP-94-45);

14 drill holes totalling 1,954 m on the Moneta Porcupine, Panor and Midrim showings :

  • Midrim : 5.2 g/t Au over 4.6 m (VP-94-54) and 5.5 g/t Au over 2.5 m (VP-94-49).
2011-12 : Viking Gold Exploration (GM 68445, 68527 et 68528)

Compilation of historical work;

Prospecting in the vicinity of the Midrim showing; stripping of 2 trenches in the vicinity of the Toussaint deposit;

Reconnaissance work on the historical stripped zones and sampling on the Toussaint deposit and the Benoist showing :

  • Toussaint : 15.3 g/t Au over 4.0 m in a channel and 13.4 g/t Au over 3.0 m in a channel;
  • Benoist : 1.7 g/t Au over 2.0 m in a channel;

Line cutting totalling 130 km;

Ground magnetic survey totalling 38 km and induced polarization survey totalling 76 km;

Twenty-six (26) drill holes totalling 4,720 m on the Toussaint deposit and over IP anomalies:

  • Toussaint : 44.2 g/t Au over 2.3 m (VP-11-11) and 20.0 g/t Au over 2.0 m (VP-11-05);

Nine (9) drill holes totalling 1,260 m on the Toussaint deposit:

  • Toussaint : 1.1 g/ t Au over 1.2 m (VP-12-26).

ACCESS TO THE PROPERTY

The Wilson property is situated 15 km east of the town of Lebel-sur-Quevillon (Figure 1) and 130 km northeast of Val-d’Or. Access to the property is year-round via a 11 km network of gravel forestry roads.

GEOLOGICAL CONTEXT

The Wilson Property is located in the central part of the North Volcanic Zone of the Abitibi Subprovince. It is underlain by Archean units, except for Proterozoic diabase dykes trending NE-SW. The stratigraphy in this area of the Abitibi is not well know. The volcanic units belong to the Quévillon Group and are cut by numeros gabbro and/or diorite sills and felsic dykes.

The base of the Quévillon Group consists of pillowed, massive and brecciated basalt lavas of tholeiitic affinity. The central part comprises basalts, andesites, rhyolites and intermediaire to felsic tuffs (ash, lapilli and block). The summit of the Quévillon Group is composed of pillowed, amygdular and porphyritic andesite.

The Quéver Pluton, of quartz monzodiorite composition, is found in the northwest part of the Property, and the Wilson Pluton, of dioritic to tonalitic composition, is in the east. The latter cuts all the above mentioned units. Metamorphism of the region reached greenschist facies, locally attaining amphibolite facies in the volcanic rocks near the Wilson Pluton contact.

WORK CONDUCTED BY CARTIER RESOURCES

Compilation of historic work;

Prospecting around the old trenches of the Toussaint deposit and other gold showings on the property (Figure 8);

Channel sampling in several of the trenches, including the Toussaint deposit trench:

  • Toussaint : 21,.3 g/t Au over 5.0 m in a channel and 9.3 g/t Au over 3.0 m in a channel;

A set of cross sections and longitudinal sections generated for the Toussaint Zone;

Laboratory tests on the physical propreties of the gold mineralization of the Toussaint deposit (Picture 15);

Geophysical borehole fields tests and a small induced polarized survey 100 m above the Toussaint deposit (Figure 5);

A total of 43 km of line cutting (Figure 9).

WORK PLANNED BY CARTIER RESOURCES

An OreVision survey (deep IP) to determine the position and extent of the Toussaint deposit to a depth of 600 m, and to discover new deposits with the same physical and geophysical properties (Figures 6 and 9);

A drilling program with the objective of testing the OreVision anomalies and the extent and shape of the Toussaint deposit.

Documents

Main results
  • Figure 1. Property Location Download
  • Figure 2. Claims Map Download
  • Figure 3. Plan View Mineralization and Geology Download
  • Figure 4. Plan View Toussaint and Midrim Mineralization Download
  • Figure 5. Plan View Trenches of Toussaint Gold Deposit Download
  • Figure 6. Longitudinale Section of Toussaint Zone Download
  • Figure 7. Cross Sections of Toussaint Download
  • Figure 8. Geophysical Plan View Download
  • Figure 9. 2016 OreVision Survey Download
  • Figure 10. Lithogeochemistry Classification Download
  • Figure 11. Best Results Download
  • Picture 1. Toussaint Deposit Trench Looking East Download
  • Picture 2. Toussaint Deposit Trench Loocking West Download
  • Picture 3. Toussaint Mineralization Download
  • Picture 4. Toussaint Gold Mineralization Download
  • Picture 5. Toussaint VG Mineralization Download
  • Picture 6. Toussaint Gold Mineralisation Download
  • Picture 7. Toussaint VG Mineralization Zoom 1 Download
  • Picture 8. Toussaint VG Mineralization Zoom 1A Download
  • Picture 9. Toussaint VG Mineralization Zoom 1B Download
  • Picture 10. Toussaint Mineralization and Alteration Download
  • Picture 11. Toussaint Quartz Breccia Download
  • Picture 12. Toussaint Quartz Breccia Download
  • Picture 13. Toussaint Quartz Breccia Zone Download
  • Picture 14. Toussaint Mineralization Zone Download
  • Picture 15. Laboratory Samples to determine the physical properties Download
  • Wison Sampling Results_August 2th 2016 Download
  • Picture 1 - Toussaint Gold Deposit Download
  • Figure 12 - Press Release September 2016 Download
  • Figure 13 - Longitudinal and Plan View of Toussaint & Midrim Download
  • Longitudinal Section Wilson Gold Corridor Download
  • Longitudinal Section of Toussaint and Midrim Structures Download
  • Wilson 2017 Drill Holes Results Download

Photos