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Cartier Silver Corporation C.CFE

Alternate Symbol(s):  CRTIF

Cartier Silver Corporation, an exploration stage company, engages in the acquisition, exploration, and development of mineral resource properties in Canada. It explores for iron ore, silver, and gold deposits. The company owns a 55% interest in the Round Lake and Jeannine properties consisting of 111 claims covering an area of approximately 58.75 square kilometers located in the Fermont iron ore district in the Labrador Trough in northeastern Quebec; and holds a 100% interest in the Chorrillos project which comprises two separate properties, such as Gonalbert Mining area and Felicidad Mining area located in southern Bolivia. It also holds a 100% interest in the Big Easy property that consists of 318 mining claims covering an area of 80 square kilometers located in Newfoundland and Labrador. The company was formerly known as Cartier Iron Corporation and changed its name to Cartier Silver Corporation in November 2022. Cartier Silver Corporation was incorporated in 1985 and is based in...


CSE:CFE - Post by User

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  • Betteryear2X
Post by Betteryear2on Sep 07, 2023 8:29am
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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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