Highlights: Re-launch of Phase III drilling under recently discovered Zones 5B4-5M4-5NE, which returned excellent results last June contributing to the Central Gold Corridor resources ; Ongoing completion of the North and South Gold Corridor resource estimate for the Chimo Mine property ; Planning is underway for Phase IV drilling on the periphery of Zone 6N1 VAL-D’OR, Quebec, Nov. 27, 2019 -- [...]
Highlights: The Central Gold Corridor resource estimate for the Chimo Mine property was produced using a gold price of US $ 1,292 per ounce and a cut-off grade of 2.5 g/t Au: 3,263,300 tonnes at an average grade of 4.40 g/t Au for a total of 461,280 ounces of gold in the indicated resource category; 3,681,600 tonnes at an average grade of 3.53 g/t Au for a total of 417,250 ounces of gold in the inferred resource category [...]
Cartier Resources Inc. announced today that it has closed its previously announced private placement for aggregate gross proceeds of C$2,943,487. A total of 11,429,048 flow-through common shares of the Corporation at a price of C$0.21 per share, and 1,940,667 flow-through common shares at a price of C$0.28 per share which were donated by the initial purchasers to charity, were issued. The Offering was completed through [...]
Cartier Resources Inc. announces that it has entered into an agreement with Desjardins Securities Inc. , under which the Agent has agreed to sell, on a marketed private placement basis, 11,428,571 flow-through common shares of the Company at a price of C0.21 per Initial Tranche A Flow-Through Share, and a further 1,940,667 flow-through common shares which the Company understands may be donated by the initial purchasers to [...]
Cartier Resources Inc. has awarded GeoPointCom the mandate to complete an initial resource estimate and a supporting NI 43-101 technical report for its 100% owned flagship Chimo Mine gold project located 45 kilometers east of Val-d’Or, Quebec. Over the last few months, GeoPointCom has worked closely with Cartier personnel, particularly Mr. Ronan Déroff, P. Géo., Senior Geomatician, to build a 3D model [...]
Cartier Resources Inc. is pleased to announce that, effective August 1, 2019, it has engaged Relations Publiques Paradox Inc. to provide investor relations services to Cartier. Paradox is a Montreal based investor relations consultancy firm that has been in business for over 15 years. Paradox has represented a number of public companies through its extensive network and experience in the capital markets. Paradox will [...]
MONARCH GOLD CORPORATION is pleased to announce that its wholly-owned subsidiary Louvem Mines Inc. has sold a 2% net smelter return royalty on certain claims of the Chimo Mine property to Cartier Resources Inc. in consideration of a cash payment of $350,000. Monarch acquired Louvem as part of the acquisition of Richmont Mines' Quebec assets in October 2017. "This transaction allows us to monetize an asset that did not [...]
Cartier Resources Inc. reports it has purchased from Louvem Mines Inc. a 2% NSR royalty for the Chimo Mine property, located 45 km east of Val-d'Or, in consideration for a purchase price of CDN $350,000. For more information, please contact: Philippe Cloutier, P. Geo. President and CEO Telephone: 819 856-0512 philippe.cloutier@ressourcescartier.com www.ressourcescartier.com Neither the TSX Venture Exchange nor its [...]
Cartier Resources Inc. reports drill results grading 5.6 g/t Au over 8.5 m including 9.9 g/t Au over 3.0 m and 8.3 g/t Au over 2.5 m. These intersections are hosted within in a mineralized envelope over 27.8 m grading 2.5 g/t Au in Zone 5M4 of the Chimo Mine property, located 45 km east of Val-d'Or . Additional intersections grading 63.1 g/t Au over 0.5 m included within a 27.0 m section grading 2.2 g/t Au as well as an [...]
Cartier Resources Inc. reports drill results grading 5.4 g/t Au over 4.5 m in a mineralized envelope that includes 10.8 g / t Au over 1.0 m in the Zone 6 of the Chimo Mine property, located 45 km east of Val-d'Or . Mineralized envelopes of 15.5 m to 1.5 g/t Au, 20.0 m to 1.0 g/t Au and 17.6 m to 1.0 g/t Au are also present in the Zone 6. In addition, an intersection grading 4.2 g/t Au over 6.4 m is found in a mineralized [...]
Cartier Resources Inc. announces that at its annual general meeting held on May 21st, 2019 that the following persons were elected as directors of Cartier: Nominee Votes for % For Votes Withheld % Withheld Michel Bouchard 90,129,231 96.98 2,809,380 3.02 Philippe Cloutier 90,202,731 97.06 2,735,880 2.94 Mario Jacob 88,810,756 95.56 4 127 855 4.44 Jean-Yves Laliberté 92,863,111 99.92 75,500 0.08 Daniel Massé [...]
Cartier Resources Inc. reports drill results grading 5.0 g/t Au over 5.1 m in the Zone 3E of the Chimo Mine property, located 45 km east of Val-d'Or . An intersection grading 23.7 g/t Au over 1.0 m and 7.1 g/t Au over 1.0 m included within a broader section of 8.4 m grading 2.5 g/t Au, were also obtained within Zone 3E. As well, 30 m north, an intersection grading 11.8 g/t Au over 1.0 m, included within a broader section [...]