Mr. Philippe Cloutier of Cartier reports
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CARTIER REPORTS NEW RESULTS UP TO 1.54% COPPER AND 0.14 G/T PD ON RIVIERE DORE PROPERTY
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Cartier Resources Inc. and Copper One Inc. have discovered a newcopper showing on the Riviere Dore property, located southeast of thetown of Val d'Or in the province of Quebec. Samples returned up to 1.54per cent copper and 0.14 gram per tonne palladium in large boulders and0.74 per cent copper in outcrop. This latest discovery is 10 kilometresnortheast from the original 2010 Lake Bruges discovery (1.0 per centcopper over six metres from channel sampling). On Oct. 28, Cartierannounced it had signed a binding letter of intent with Copper One Inc.Copper One and Cartier are developing a definitive agreement to supportthe previously signed letter of intent. Continuing exploration work,including sampling, mapping and target identification, should lead todiamond drilling in 2011.
The assay results are from a remoteportion and previously untested area in the northeast sector of an80-kilometre-long magnetic anomaly that betrays a layered maficintrusive complex. This latest discovery is located on the northernflank of the intrusive complex. Prospecting led to the discovery ofmalachite (copper-alteration mineral) stained pyroxenite boulders andnearby outcrops. A cluster of electromagnetic samples situated onekilometre to the east suggest continuity for the mineralization.
SAMPLE RESULTS
Sample type Cu% g/t Pd g/t Pt g/t Au g/t Ag
Glacial boulder (80 cm channel) 1.54 0.112 0.017 0.131 1.9
Glacial boulder 1.45 0.143 0.024 0.153 2.8
Glacial boulder 1.41 0.083 0.016 0.097 1.6
Glacial boulder (90 cm channel) 1.36 0.113 0.016 0.123 1.7
Select grab in outcrop 0.74 0.132 0.025 0.124 1.6
Select grab in outcrop 0.37 0.066 0.014 0.059 1.6
Channel sample over one m in outcrop 0.32 0.013 0.017 0.108 0.8
"Cartier believes that these results continue to show the highlyprospective potential of the Riviere Dore property," commented PhilippeCloutier, president and chief executive officer of Cartier. "With CopperOne, we plan additional glacial till sampling and prospecting, as wellas detailed ground electromagnetic-magnetic surveys that will lead todiamond drilling in 2011."
Copper One and Cartier are preparing anaggressive exploration program that will include drilling the discoveryarea and exploring several new strategic targets on the property. Theease of access and lay of the ground allow for exploration on theproperty on a year-round basis for trenching and drilling.
Quality assurance and quality control
TheRiviere Dore exploration program is conducted under the supervision ofPhilippe Berthelot, P Geo, Cartier's vice-president -- exploration, aqualified person as defined by National Instrument 43-101. Cartier hasimplemented and adheres to a strict quality-assurance andquality-control program which includes mineralized standards and blanksfor each batch of samples. Assay samples are sent to a commerciallaboratory. Analyses are either performed by Techni-lab SGB Abitibi Inc.in Sainte-Germaine, Que., or by ALS-Chemex in Val d'Or, Que., both ofwhich are accredited laboratories.
The technical information inthis news release has been reviewed and approved by Thomas Kilbey,Copper One's vice-president -- exploration, a certified professionalgeologist and a qualified person as defined by National Instrument43-101.