12:22 PM EST, 12/03/2024 (MT Newswires) -- Cartier Resources ( ECRFF ) on Tuesday reported multiple high-grade gold results from its 28,000-meter drilling program at its East Cadillac property in Quebec.

Best results include 173.6 grams per tonne of gold (g/t) over 0.5 m and 11.7 g/t of gold over 4.0 meters.

The company said the program expanded multiple high-grade gold zones, identified new high-grade gold intersections, including a new zone 250 meters west of the VG10 zone, and confirmed exploration potential on a new high-grade gold structure 50 meters south of the VG10 zone.

The company is planning a 100,000-meter drilling program to further explore the property's potential.

"These results are significant in that they clearly demonstrate the repetition of the high-grade gold zones to be found across the East Cadillac property," said Chief Executive Philippe Cloutier, "Specifically, our follow-up on the VG9 and VG10 Zones area indicate we can expect to further expand the known high-grade gold mineralization both laterally and at depth."

Cartier shares were last seen up $0.005 to $0.085 on the TSX Venture Exchange.

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