Cartier now owns 50% of the Fenton property
For immediate release
Cartier now owns 50% of the Fenton property
Val-d’Or, March 1st, 2018 – Cartier Resources Inc. (TSX -V: ECR) ("Cartier") is pleased to
announce that it has completed its commitments to acquire a 50% interest of the Fenton
property, located 50 km southwest of Chapais and 50 km north of Osisko ’s Windfall Lake
gold deposit in the heart of the Urban -Barry's belt. SOQUEM and Cartier now form a joint
venture to continue exploration of the property for which no royalty has been granted. This
acquisition constitutes an additional asset corresponding to Cartier's strategy.
A 13-hole drilling program, totaling 7,814 m, has recently been completed on the p roperty to
evaluate the depth extension potential of the Fenton gold deposit . A historical estimate of
resources, made in 2 000 by Mr. Denis Chénard, Eng. of Datac Géo -Conseil Enrg., reveals
426 173 tons at 4.66 g / t Au corresponding to 63 885 oz Au. The 1354-17-13 drill results
indicate that the gold mineralization continues below the Fenton deposit and under the Dyke
Zone, located 100 m further north. All other analytical results, which are pending, will assess
the potential for increased gold mineralization volume and aid in planning for the next
exploration program.
SOQUEM, a subsidiary of Ressources Québec, is a leading pl ayer in mineral exploration in
Québec. Its mission is to explore, discover and develop mining properties in Québec.
SOQUEM has participated in more than 350 exploration projects and contributed to major
discoveries of gold, diamonds, lithium and other minerals.
Quality Assurance / Quality Control
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.
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For more information, please contact:
Philippe Cloutier, P.Geo.
President and CEO
Telephone: 819 856-0512
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.