Cartier Resources Inc.

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 for a total of roughly 30,000 m. Highlights: The Pusticamica deposit has [...]

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. Geo. of InnovExplo Inc., independent qualified persons within the meaning of [...]

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 Braves agreement established a proper consultation process for forestry [...]

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 few months, InnovExplo has worked closely with Cartier staff, particularly [...]

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 loading capacity of 20 metrics tonnes each, travelling at a cruising speed [...]

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 g/t Au over 1.6 m, included within a mineralized intersection of 14.6 m at [...]

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 received a cash fee equal to 6% of the gross proceeds of the Offering and [...]

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 “flow-through shares” of the Income Tax Act and section 359.1 of the [...]

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 aggregate gross proceeds of up to C$5,000,040. In addition, the Agent have been [...]

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 Company as described in the Management Information Circular was approved [...]