Cartier Resources Inc. has awarded InnovExplo the contract to produce a resource estimate for the Pusticamica deposit on the Company’s Benoist Property and to prepare a supporting technical report in accordance with National Instrument 43-101. The property is located 65 km northeast of Lebel-sur-Qu?villon in the province of Qu?bec. Over the past [...]
Cartier Resources reports the results of an engineering study on the hoisting capacity of the underground mining infrastructure on the Chimo Mine Property. This property, owned 100% by Cartier, is located 45 km east of the Val-d’Or mining camp. The study reveals that the components of the internal shaft structure could be used to hoist skips with a [...]
Highlights: An Intersection grading 20.4 g/t Au over 2.0 m, included within a mineralized interval of 18.0 m at 2.7 g/t Au, was intersected in the new Zone 5CE, in the East Sector of the property, 125 m above drill hole CH19-54E which graded 11.9 g/t Au over 2.0 m within a mineralized interval of 16.0 m at 2.1 g/t Au; An intersection grading 11.9 [...]
Cartier Resources Inc. announces that it has closed its previously announced private placement for aggregate gross proceeds of C$9,364,626. A total of 21,778,200 flow-through common shares of the Company at a price of C$0.43 per share, were issued. The Offering was completed through Paradigm Capital Inc. In connection with the Offering, the Agent [...]
Cartier Resources Inc. announces that in connection with its previously announced best efforts private placement offering, the Company and Paradigm Capital Inc. have agreed to increase the size of the offering to up to aggregate gross proceeds of $8.5 million. The Company will now issue up to 19,767,500 common shares of the Company that qualify as [...]
Cartier Resources Inc. announces that it has entered into an agreement with Paradigm Capital Inc. in connection with a “best efforts” private placement of up to 11,628,000 common shares of the Company that will qualify as "flow-through shares" of the Income Tax Act and section 359.1 of the Taxation Act to be issued at C$0.43 per FT Share for [...]
Cartier Resources announces that at its annual general meeting held on June 18th, 2020 the following persons were elected as directors of Cartier: Name Votes for % For Michel Bouchard 76,756,753 100 Philippe Cloutier 76,756,753 100 Mario Jacob 76,756,753 100 Jean-Yves Lalibert? 76,756,753 100 Daniel Mass? 76,756,753 100 The stock option plan of the [...]
Cartier Resources Inc. announces that it has filed on SEDAR the technical report titled " NI 43-101 Technical Report and Mineral Resource Estimate for the Central, North and South Gold Corridors on the Chimo Mine Project, Quebec, Canada ", bearing the date of signature of the June 16th 2020. The NI 43-101 compliant report, completed by InnovExplo [...]
Highlights: Mineralised intersection of 32.0 g/t Au over 2.0 m included within 16.5 g/t Au over 4.5 m, also included within 7.1 g/t Au over 12.1 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 May 21st 2020, April 7th 2020 and February 18th [...]
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 7th 2020 and February 18th 2020 press [...]
Highlights: Drilling with two rigs resumes on the depth extension of Zones 5B4-5M4-5NE and 5CE discovery; Concurrently, internal engineering studies and industrial sorting of mineralisation tests are progressing with the goal of increasing the resources. VAL-D’OR, Quebec, May 13, 2020 -- Cartier Resources Inc. announces that it resumes its drill [...]
Highlights : Adding the resource estimate of the North and South Gold Corridors to those of the Central Gold Corridor, the Chimo Mine property now hosts mineral resources of : 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 [...]