Cartier Cuts 20.8 g/t Au over 4.0 m at Chimo Mine 500 m below the New Zones 5B4-5M4-5NE

Highlights:

• Mineralised intersection of 20.8 g/t Au over 4.0 m included within 9.4 g/t Au over 11.0 m, also included within 6.7 g/t Au over 16.0 m, located 500 m below the new Zones 5B4-5M4-5NE in the East Sector of the Chimo Mine Property;
   
• The results of this press release, factored with those of the April 7^th 2020 and February 18^th 2020 press releases, increase the potential for expansion of the resource estimate to date for the new Zones 5B4-5M4-5NE (FIGURE)
   
• The Chimo Mine Property hosts three gold-bearing corridors (North, Central and South) that to date host the following mineral resources:
   
  • 4,017,600 tonnes at an average grade of 4.53 g/t Au for a total of 585,190 ounces gold in the Indicated category;
     
  • 4,877,900 tonnes at an average grade of 3.82 g/t Au for a total of 597,800 ounces gold in the Inferred category.

VAL-D’OR, Quebec, May 21, 2020 (GLOBE NEWSWIRE) -- Cartier Resources Inc. (TSX-V: ECR) ("Cartier") announces values of 20.8 g/t Au over 4.0 m included within 9.4 g/t Au over 11.0 m, also included within 6.7 g/t Au over 16.0 m, intersected at a distance of 500 m below the new Zones 5B4-5M4-5NE of the Chimo Mine Property, located 45 km east of Val-d'Or.

″ These new results indicate that the gold mineralisation is open in all directions below Zones 5B4-5M4-5NE which have been drilled to date from surface to a depth of 1,3 00 m  ″ commented Philippe Cloutier, President and CEO, adding ″ growing the dimensions of the cluster of Zones 5B4-5M4-5NE is an important addition to the development potential of the project ″.

A 12.8 m interval grading 1.1 g/t Au was also intersected 250 m below the new Zones 5B4-5M4-5NE.  At 30 m south of Zones 5B4-5M4-5NE, the new Zone 5CE returned a 19.5 m interval grading 1.3 g/t Au indicating the presence of a gold-bearing shoot hosting higher grade gold sections.

The details of the new results are as follows:

Drill Hole	Drill Hole Collar Coordinate (m) UTM (E/N/Elev.)	Azimut (°) / Dip (°)	From (m)	To (m)	Length (m)	Au (g/t)	Gold Zone	Gold Structure
CH19-55B	332529/5320363/-518	200 / -66	1,371.0	1,375.0	4.0	20.8	5B4	5B
Included in			1,364.0	1,375.0	11.0	9.4
Included in			1,361.0	1,377.0	16.0	6.7
CH19-54BW	332577/5320163/-459	199 / -49	1,120.0	1,132.8	12.8	1.1
CH19-54B	332623/5320281/-268	200 / -71	1,161.5	1,181.0	19.5	1.3	5CE	5C

The lengths of the mineralized intersections are expressed in lengths measured along the drill core.  The estimated true thickness of the mineralized intersections represents approximately 85 to 90% of the measured length.