It is always a pleasure to speak with Philippe Cloutier, CEO of Cartier Resources (ECR.V). ECR is embarked on a 100,000-meter drilling program at its Cadillac property on the Abitibi gold belt in Quebec.
Pretty consistently, every two or three weeks, Cartier has hard news with results from its most recent drilling. But, on December 18th, it put out an updated 43-101 compliant Mineral Resource Estimate. The chart at the top of this article tells the story.
In the world of 43-101 compliant reports a “measured” resource is the highest level before a resource becomes an actual mineral reserve. This is the first time Cartier has had a “measured resource” to include in an MRE. It is a number fund managers and institutional investors want to see before buying into a company.
The second number fund managers look at is the market cap. Cartier just passed 100 million which is often the cut-off for institutional investors.
Cloutier could not be happier. “Our drilling is turning out better than expected,” said Cloutier. “10% lower cost than budgeted. Lower cost per meter and more meters drilled.”
– Jay Currie interview with Philippe Cloutier
MotherlodeTV.net, January 12, 2026
TSXV: ECR | FSE: 6CA
$ECR.v
#Gold #Mining #Exploration #Abitibi
——————————————————————-
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: [email protected]
W: ressourcescartier.com
For more information, contact:
Philippe Cloutier, President and CEO