Cartier's Golden Discovery: High-Grade Intersection North of the Portal Zone
Wednesday, Nov 20, 2024 7:11 am ET
2min read Cartier Resources Inc. (TSXV: ECR, FSE: 6CA) has made a significant discovery at its 100%-owned East Cadillac property, located 45 km east of the Val-d'Or mining camp. The company recently announced high-grade gold results from drilling exploration, including an impressive intersection of 35.3 g/t Au over 4.4 m north of the Portal Zone. This discovery adds to the growing list of high-grade gold zones found on the property in 2024, further validating its exploration potential.
The geological structure of the East Cadillac property, characterized by the regional Larder Lake – Cadillac Fault Zone, plays a crucial role in the formation of high-grade gold deposits. This fault zone, a significant geological feature, has been the source of numerous gold discoveries on the property. The recent high-grade intersection north of the Portal Zone is a testament to the importance of targeting these geological features for gold exploration.
The regional Larder Lake – Cadillac Fault Zone and local structures, such as the Portal exploration ramp, play a crucial role in concentrating gold mineralization. Drilling results, including the high-grade intersection of 35.3 g/t Au over 4.4 m, confirm the significance of these structures in gold concentration. The consistent discovery of high-grade gold zones along the fault zone, such as the VG9, VG10, and East Bateman discoveries, underscores the importance of targeting these geological features for gold exploration.
The high-grade gold intersection at the Portal Zone is hosted in a quartz-carbonate vein within a shear zone, with associated alteration patterns including sericite, chlorite, and pyrite. This alteration suggests a hydrothermal origin for the gold mineralization, with fluids likely ascending through the shear zone and depositing gold in the vein. The presence of visible gold in the samples further supports this interpretation. The continuity of high-grade gold zones over 8 km along the Larder Lake – Cadillac Fault Zone, as well as the discovery of 5 new high-grade gold zones in 2024, indicates a robust and extensive gold system on the East Cadillac property.
The discovery of a new gold-bearing trend north of the Portal Zone is significant for Cartier Resources Inc. This trend extends the known gold mineralization, suggesting the presence of a second high-grade gold structure in the area. With the new intersection grading 35.3 g/t Au over 4.4 m, the potential for resource expansion is substantial. The discovery opens up new exploration opportunities and increases the likelihood of finding one or more gold systems with high to moderate gold grades. This finding is in line with Cartier's strategy of exploring along the regional Larder Lake – Cadillac Fault Zone, which has proven to be a prolific gold-bearing structure.
In conclusion, Cartier's discovery of a high-grade gold intersection north of the Portal Zone on the East Cadillac property is a significant milestone in the company's exploration efforts. This discovery, along with previous findings, highlights the potential of the East Cadillac property for high-grade gold mineralization and underscores the importance of targeting geological features like the regional Larder Lake – Cadillac Fault Zone for gold exploration. As Cartier continues to explore the property, investors can expect more exciting developments in the coming months.
The geological structure of the East Cadillac property, characterized by the regional Larder Lake – Cadillac Fault Zone, plays a crucial role in the formation of high-grade gold deposits. This fault zone, a significant geological feature, has been the source of numerous gold discoveries on the property. The recent high-grade intersection north of the Portal Zone is a testament to the importance of targeting these geological features for gold exploration.
The regional Larder Lake – Cadillac Fault Zone and local structures, such as the Portal exploration ramp, play a crucial role in concentrating gold mineralization. Drilling results, including the high-grade intersection of 35.3 g/t Au over 4.4 m, confirm the significance of these structures in gold concentration. The consistent discovery of high-grade gold zones along the fault zone, such as the VG9, VG10, and East Bateman discoveries, underscores the importance of targeting these geological features for gold exploration.
The high-grade gold intersection at the Portal Zone is hosted in a quartz-carbonate vein within a shear zone, with associated alteration patterns including sericite, chlorite, and pyrite. This alteration suggests a hydrothermal origin for the gold mineralization, with fluids likely ascending through the shear zone and depositing gold in the vein. The presence of visible gold in the samples further supports this interpretation. The continuity of high-grade gold zones over 8 km along the Larder Lake – Cadillac Fault Zone, as well as the discovery of 5 new high-grade gold zones in 2024, indicates a robust and extensive gold system on the East Cadillac property.
The discovery of a new gold-bearing trend north of the Portal Zone is significant for Cartier Resources Inc. This trend extends the known gold mineralization, suggesting the presence of a second high-grade gold structure in the area. With the new intersection grading 35.3 g/t Au over 4.4 m, the potential for resource expansion is substantial. The discovery opens up new exploration opportunities and increases the likelihood of finding one or more gold systems with high to moderate gold grades. This finding is in line with Cartier's strategy of exploring along the regional Larder Lake – Cadillac Fault Zone, which has proven to be a prolific gold-bearing structure.
In conclusion, Cartier's discovery of a high-grade gold intersection north of the Portal Zone on the East Cadillac property is a significant milestone in the company's exploration efforts. This discovery, along with previous findings, highlights the potential of the East Cadillac property for high-grade gold mineralization and underscores the importance of targeting geological features like the regional Larder Lake – Cadillac Fault Zone for gold exploration. As Cartier continues to explore the property, investors can expect more exciting developments in the coming months.
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