Highlights: The new resource estimate consists of : 7,128,000 tonnes at an average grade of 3.14 g/t Au for a total of 720,000 ounces of gold in the Indicated category and; 18,475,000 tonnes at an average grade of 2.75 g/t Au for a total of 1,633,000 ounces of gold in the Inferred category. Work in progress, with the objective to increasing the resources, are as follows: A drill program in progress on the Chimo Mine Gold [...]
The new resource estimate consists of 7,128,000 tonnes at an average grade of 3.14 g/t Au for a total of 720,000 ounces of gold in the Indicated category and; 18,475,000 tonnes at an average grade of 2.75 g/t Au for a total of 1,633,000 ounces of gold in the Inferred category. Work in progress, with the objective to increasing the resources, are as follows: A drill program in progress on the Chimo Mine Gold System , with [...]
Fourth phase, 25,000 m drill program in progress at the Chimo Mine Gold System which includes the recent acquisition of the Nordeau West deposit; NI 43-101 Resource Estimate in progress for Nordeau West deposit, situated 450 m from the Chimo Mine Project NI 43-1011 resources; NI 43-101 Preliminary Economic Assessment in progress on the combined resources of the Mine Chimo Project and Nordeau West deposit that will provide [...]
Cartier Resources the mandate to estimate the gold resources of the Nordeau West deposit located 450 m east of the Chimo Mine property and prepare a technical report in accordance with NI 43-101. The Chimo Mine property and contiguous East Cadillac property, containing the Nordeau West deposit, whose interests are 100% owned by Cartier, are located 45 km east of Val-d’Or situated along the Cadillac-Larder Lake Fault. Over [...]
Cartier Resources announces that at its annual general meeting held on May 31st, 2022 the following individuals were elected as directors of Cartier: The stock option plan of the Company as described in the Management Information Circular was approved by the shareholders at the meeting. The maximum number of shares issuable under the Plan is to represent a maximum of 10% of the shares issued and outstanding from time to [...]
Cartier Resources announces that it has closed its previously announced private placement for aggregate gross proceeds of $1,820,000. A total of 14,000,000 units of Cartier were issued at a price of $0.13 per Unit. Each Unit consisted of one common share of Cartier and one half Common Share purchase warrant, each whole warrant entitling the holder to subscribe for one (1) Common Share at a price of $0.16 for a period of [...]
Cartier Resources is pleased to announce that Agnico Eagle Mines has entered into a subscription agreement for a non-brokered private placement whereby Agnico Eagle will subscribe for 14,000,000 units of Cartier at a price of $0.13 per Unit, with each Unit consisting of one common share of Cartier and one half Common Share purchase warrant, each whole warrant entitling the holder to subscribe for one Common Share at a [...]
Cartier Resources Inc. is pleased to announce the closing of share purchase agreement with O3 Mining Inc. for the acquisition by Cartier of all of the issued and outstanding shares of Chalice Gold Mines Inc., which owns a 100% interest in the East Cadillac property contiguous with Cartier's Chimo Mine property in the Val-d'Or Gold Camp, Canada. The purchase price paid by Cartier to O3 Mining for the acquisition of Chalice [...]
Cartier Resources is pleased to announce the execution of a definitive share purchase agreement with O3 Mining Inc. for the acquisition by Cartier of all of the issued and outstanding shares of Chalice Gold Mines Inc., a wholly-owned subsidiary of O3 Mining, which owns a 100% interest in the East Cadillac property contiguous with Cartier's Chimo Mine property in the Val-d'Or Gold Camp, Quebec, Canada, . The purchase price [...]
Cartier Resources is pleased to announce the execution of a non-binding letter of intent for the acquisition by Cartier of all of the issued and outstanding shares of Chalice Gold Mines Inc., a wholly-owned subsidiary of O3 Mining which owns a 100% interest in the East Cadillac property contiguous with Cartier's Chimo Mine property in the Val-d'Or Gold Camp, Quebec. The Transaction is subject to due diligence, corporate [...]
Cartier Resources is pleased to announce high grade channel sampling results from the 2021 exploration program at the 100% owned Fenton gold property located 50 km southwest of Chapais. Highlights: Channel sections with grades up to 69.1 g/t Au / 2.0 m; Confirmed the Fenton gold Structure geometry over 325 m in length by 15 to 25 m in width; 29.6 g/t Au / 2.0 m, cut to 550 m depth under the Fenton gold Structure, by [...]
Cartier Resources Inc. announces that a line cutting and channel sampling program were recently completed and that a ground geophysical survey is in progress on the 100% owned Fenton gold property located 50 km southwest of Chapais, Quebec, Canada. The Fenton deposit contains a historical resource1 estimate of 426,173 tonnes grading 4.66 g/t Au corresponding to 63,885 oz Au . Some of the deposit's historic intersections [...]