Following its press release of February 23, 2021, Cartier Resources Inc. announces the execution of a definitive agreements with SOQUEM Inc. in connection with the acquisition by Cartier of all the rights and interests of SOQUEM in a group of 14 mining claims located 50 km southwest of Chapais in consideration for a purchase price of $700,000 [...]
Highlights: The industrial sorting tests of mineralisation representative of the Chimo Mine project produced a concentrate representing by mass a bit more than 50 % of the original mass of the material with a percentage increase of 170 % of the gold content compared to the feed of the sorter; The sorting tests carried out by Corem and by Steinert [...]
Highlights: The new resource estimate consists of : 6,616,000 tonnes at an average grade of 3.21 g/t Au for a total of 684,000 ounces of gold in the Indicated category and; 15,240,000 tonnes at an average grade of 2.77 g/t Au for a total of 1,358,000 ounces of gold in the Inferred category. The resource estimate is constrained using DSO " Deswik [...]
Cartier Resources Inc. announces the execution of a binding letter of agreement with SOQUEM Inc. for the acquisition by Cartier of all the rights and interests of SOQUEM in a group of 14 mining claims located 50 km southwest of Chapais. These claims are currently held under a 50-50 joint venture. The acquisition is made for a purchase price of [...]
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 Benoist Property, Canada ", bearing the date of signature of the January 28th 2021. The NI 43-101 compliant report, completed by InnovExplo Inc. for Cartier, includes mineral resource estimate [...]
Cartier Resources Inc. announces that it has commenced drilling on the Benoist Property, located 65 km northeast of Lebel-sur-Qu?villon in the province of Qu?bec. The program follows the maiden NI 43-101 Resource Estimate published December 17th 2020. Two drill rigs with directional drilling crews will be employed to complete the four-phase program [...]
Cartier Resources Inc. announces the results of the mineral resource estimate of the Pusticamica Gold Deposit of the Benoist Property, located 65 km northeast of Lebel-sur-Qu?villon in the province of Quebec. The estimate, completed and made available on December 16, 2020, was carried out by Ms. Christine Beausoleil P. Geo. and Claude Savard P [...]
The Cree First Nation of Waswanipi and Cartier Resources Inc. have entered into a Mineral Exploration Agreement to facilitate the exploration of the Benoist project. The MEA puts in place a framework for the CFNW and Cartier to work together before, during and after the exploration activities within the CFNW traditional territory. “The Paix des [...]
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 [...]
