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Cartier Cuts 7.5 g/t Au Over 2.0 m and Extends 2B Zone to 350 m Depth on the Chimo Mine Property

Drill Results

For immediate release

Cartier Cuts 7.5 g/t Au Over 2.0 m and Extends 2B Zone

to 350 m Depth on the Chimo Mine Property

Val-d’Or, January 1 8th, 201 8 – Cartier Resources Inc. (TSX-V: ECR) (“Cartier”) is pleased to

announce new results from its ongoing 30 000 -m drilling program on the Chimo Mine

property, located 45 km east of Val -d'Or. These results are associated with the 2B Zone (2

structure) and the 4E Z one (4 structure) intersected respectively at 230 m and 110 m east -

northeast of the shaft.

In the 2B Zone, an intersection grading 7.5 g/t Au over 2.0 m included within 2.1 g/t Au

over 9.8 m was cut 90 m below drill hole CH17 -16 which returned 25.0 g/t Au over 2.0 m

included within 9.4 g/t Au over 6.5 m. This intersection extends the gold mineralization of

the 2B Zone to a depth of 350 m (FIGURE 1). In the 4E Zone, an intersection grading 4.4 g/t

Au over 2.1 m included within 1.4 g/t Au over 12.7 m was cut 140 m below drill hole

CH17-16 which returned 12.3 g/t Au over 0.7 m included within 6.3 g/t Au over 1.9 m

(FIGURE 2). Additional results of interest associated with these areas are shown in the table

below as well as figures 1 and 2.

Drill Hole From

(m)

To

(m)

Length

(m)

Au

(g/t) Gold Zone Gold

Structure

CH17-15 392.5 393.0 0.5 17.1

2B 2

Included within 392.0 394.0 2.0 7.5

Included within 385.2 395.0 9.8 2.1

CH17-19 430.2 431.2 1.0 3.2

Included within 424.9 437.0 12.1 0.8

CH17-15 455.8 456.3 0.5 9.4

3E 3 Included within 454.8 456.8 2.0 3.6

CH17-19 463.4 464.5 1.1 3.8

Included within 456.9 464.5 7.6 0.9

CH17-19 510.8 512.9 2.1 4.4 4E 4 Included within 506.8 519.5 12.7 1.4

CH17-16 336.9 337.9 1.0 10.7 2B-3E 2-3

Lengths are expressed along drill core axis. The true thickness was not determined.

“These new results demonstrate that the 2B and 4E Zones extend at depth and confirm s their

exploration potential .”, commented Philippe Cloutier, President and CEO, adding, “What is

encouraging, is that the potential to develop new ounces, from these areas near the shaft , adds to

those at depth along the main 5 Zones plunge.”

This 3D VIDEO helps visualize the different gold -bearing structures on the Chimo Mine property as

well as key components that are the mine infrastructures, the gold -bearing zones, the gold intersection

areas left unmined as well as the 281 targets of the ongoing drill program. The 2 and 4 Structures are

presented in the video.

The g old-bearing intersections are characterized with biotite -chlorite alteration and mineralization

consisting of visible gold grains, arsenopyrite and/or pyrrhotite mineralization, smoky and/or white

quartz veining. All other assay results from the four drills active on the property are still pending.

Quality Assurance / Quality Control

All lengths, mentioned in this press release, were measured along the drill core. The NQ core samples

are crushed up to 80% passing 8 mesh sieves and then pulverized up to 90% passing a 200 -mesh

sieve. Cartier inserts 5% of the number of samples in the form of certified standards and another 5% in

the form of sterile samples to ensure quality control. The samples are analyzed at the Techni -Lab

laboratory (Actlabs), located in Ste -Germaine-Boulé, Quebec. The 50 g pulps are analyzed by fire

assay and atomic absorption. For samples containing visible gold, 1000 g of rock are directly analyzed

by the "Metallic Sieve" method.

The scientific and/or technical information presented in this press release has been reviewed and

approved by Mr. Gaétan Lavallière, P. Geo., Ph. D. and Vice President for Cartier Resources. Mr.

Lavallière is a qualified person as defined by National Instrument 43-101.

-30-

For more information, please contact:

Philippe Cloutier, P.Geo.

President and CEO

Telephone: 819 856-0512

[email protected]

www.ressourcescartier.com

Investor Relations:

Relations Publiques Paradox

514 341-0408

Neither the TSX Venture Exchange nor its regulatory services provider accepts responsibility for the adequacy or accuracy of

this press release.