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Cartier Silver Corp C.CFE

Alternate Symbol(s):  CRTIF

Cartier Silver Corporation is a Canada-based exploration and development company focused on discovering and developing its silver property assets, including the Chorrillos Project and claims staked by the Company’s subsidiary, all of which are located in the Potosi Department of southern Bolivia. The Chorrillos Project comprises two separate properties known as the Gonalbert Mining area (consisting of 10 grids covering 2.5 square kilometers (sq. km)) and the Felicidad Mining area (consisting of four grids covering one sq. km). Its Big Easy low sulphidation epithermal gold-silver property is located in the Avalon zone of Eastern Newfoundland and comprises around 369 claims covering 92.3 sq. km, two hours from St. John's, Newfoundland. Its Gagnon Holdings property is a portfolio of highly prospective iron-rich mineral concessions in the northern and southern Labrador Trough, Canada's premier iron ore mining district. Its Gagnon Holdings property has around 99 claims covering 105 sq. km.


CSE:CFE - Post by User

Post by Betteryear2on Sep 07, 2023 8:29am
292 Views
Post# 35623598

Cartier Silver Intersects 49.19 g Ag/t, 1.35% Zn

Cartier Silver Intersects 49.19 g Ag/t, 1.35% Zn
  • This zone includes a higher-grade interval of 137.42 g Ag/t, 7.91% Zn and 5.6% Pb over 5.60m
  • Other significant intersections in the Discovery Hole include:
    • 57.74 g Ag/t and 1.75% Pb over 18.25m including 79.90 g Ag/t and 2.53% Pb over 6.63m
    • 109.54 g Ag/t, 3.68% Zn and 4.44% Pb over 11.09m including 170.01 g Ag/t, 2.51% Zn and 7.00% Pb over 5.81m
  • Channel sampling of the underground artisanal workings at Gonalbert returned the highest-grade values from the lower levels including 245.5 g Ag/t over 1.5m, 492.0 g Ag/t over 0.7m and 123.9 g Ag/t over 1.5m
  • Surface rock geochemical sampling has defined an extensive area of anomalous Ag and Pb extending for a strike length of approximately 2km that correlates well with the IP chargeability trends.

TORONTO, Sept. 07, 2023 (GLOBE NEWSWIRE) -- Cartier Silver Corporation (CSE: CFE) (“Cartier Silver” or the “Company”) is pleased to report the first results from diamond drilling to test geological and geophysical targets for epithermal Ag-Pb-Zn mineralization on the Gonalbert Property, Potosi Department, Southern Bolivia. The initial program as previously reported (see Cartier Silver press release of June 29, 2023) consists of 5 drill holes totaling 3,300m collared in the general vicinity of the artisanal silver mine. To date 729.5m of drilling have been completed in two holes with a third hole in progress (Figure 1). Results have been received for drill hole DGL-01 as outlined in Table 1. Collar locations and orientations of these holes are listed in Table 2 below.

Tom Larsen, CEO of Cartier Silver, commented: “We are very pleased with the excellent result from the inaugural diamond drill campaign at Gonalbert. Initial values from our first hole demonstrate especially solid silver grades, along with significant lead and zinc. The channel sample values from the underground workings show consistency with silver head grades reported from recent mining activity. Regional geological and rock geochemical work on the property by our exploration team has outlined a prospective 2 kilometer long potentially silver-rich target area on Gonalbert. We are looking forward to receiving further results from this drilling program.”

Cartier Silver Intersects 49.19 g Ag/t, 1.35% Zn and 1.31% (globenewswire.com)

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