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 [...]
Cartier Resources Inc. announces that it has filed its 2019 Financial Statements and Management Discussion and Analysis Reports on April 21st, 2020. As of this date, Cartier has a good financial position with more than $ 5.6 million in the bank. Cartier also announces that it has elected to defer its 2020 Annual General Meeting of Shareholders [...]
Highlights: Mineralized intersection of 5.0 g/t Au over 10.9 m included within 26.1 m grading 2.5 g/t Au at a distance of 250 m below the new Zones 5B4-5M4-5NE in the East Sector; Discovery of a 4th gold zone within the East Sector, named Zone 5CE, which returned 11.9 g/t Au over 2.0 m; The “NI 43-101 Technical Report and Mineral Resource [...]
Cartier Resources Inc. On March 24, 2020, in accordance with orders from the Government of Quebec, Cartier suspended its drilling activities on the Chimo Mine property, located 45 km east of Val-d'Or, until April 13, 2020. Other work is in progress by telework or other confinement situations. Cartier reminds its shareholders that has a good [...]
Highlights: 7.1 g/t Au over 11.5 m including 22.0 g/t Au over 2.0 m, 550 m below Zones 5B4-5M4-5NE; demonstrating the continuity of mineralization to a depth of 1.3 km; The December 17th 2019 Resource Estimate showed Zones 5B4-5M4-5NE having 28,400 ounces of gold in the indicated resource category and 137,140 ounces of gold in the inferred resource [...]