Cartier Resources is shifting from intensive exploration to advancing the Cadillac Project as a district-scale gold development opportunity in Quebec’s Abitibi. In an interview with Mining Stock Daily, CEO Philippe Cloutier explains the decision to pause the 100,000-meter drill program to update the project’s economics — incorporating a larger resource, stronger metallurgical recoveries, higher gold prices, and toll milling scenarios. He also discusses new discoveries reinforcing Cadillac’s potential as an emerging mining camp, the broader M&A landscape, and why now is the right time to unlock shareholder value. An updated PEA is expected this fall.
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#Gold #Mining #Exploration #Abitibi
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About Cartier Resources
Founded in 2006 and based in Val-d’Or, Québec, Cartier Resources is advancing the Cadillac Project, a 15-kilometre land package along the world-class Larder Lake–Cadillac Fault Zone. Recent drilling has outlined 10 gold-bearing zones with grades up to 173.5 g/t gold, all open for expansion. Supported by Agnico Eagle Mines (27%) and major institutions, Cartier is executing a 100,000-metre drill program to advance near-surface systems and new AI-identified discoveries.
HEAD OFFICE
1740, chemin Sullivan, bureau 1000
Val d’Or (Québec) J9P 7H1
T: 819-874-1331
TF: 1-877-874-1331
E: philippe.cloutier@ressourcescartier.com
W: ressourcescartier.com
For more information, contact:
Philippe Cloutier, President and CEO