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Cartier Iron Announces Marketed Private Placement of Units & Flow-Through Units

Cartier Iron Announces Marketed Private Placement of Units & Flow-Through Units
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Cartier Iron to Commence Diamond Drilling to Test Geophysical Targets for Low Sulphidation Epithermal Gold-Silver Mineralization Along Major Structures at the Big Easy Gold Project, Newfoundland

Article content
2,000m diamond drilling program to commence by the end of January to test new IP targets and Central Anomaly on major magnetic trends
54.5 line-kilometres of additional IP surveys to be completed on major target area in southern part of claims
TORONTO, Jan. 25, 2021 (GLOBE NEWSWIRE)
Cartier Iron Corporation (CSE: CFE) (“Cartier Iron”), is pleased to announce the start of a 2,000m, 7-hole diamond drill program at the Big Easy Gold Project in Newfoundland to test new Induced Polarization (IP) targets (see press release December 2, 2020) and follow-up drilling on the Central Anomaly where drilling in 2018 intersected a wide alteration zone which returned 0.11gAu/t and 2.65gAg/t over 180.4m (see press release December 18, 2018). Table 1 gives a list of proposed hole locations. An additional 54.5 line-kilometres of IP surveys will also be carried out to follow-up a major new target area outlined in the southern part of the property. ....

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