August 24, 2023
Cartier Cuts 15.7 g/t Au over 3.0 m in New VG Zone of the Chimo Mine Project
Cartier Resources Inc. (TSX-V: ECR, FSE: 6CA) (“Cartier”) announces drill results constituting the new VG Gold Zone, located north of the West Nordeau deposit (FIGURE 1) of the Chimo Mine Project (“ the Project ”). The Project, comprised of the Chimo Mine and East Cadillac properties is 100% owned by Cartier and located at 45 km east of the Val-d'Or mining camp.
August 3, 2023
Cartier Highlights Gold Potential over 15 km Strike on Chimo Mine Project
Cartier Resources Inc. (TSX-V: ECR) (“Cartier”) presents an update of the potential for the Chimo Mine Project (“The Project”), comprising the Chimo Mine and East Cadillac properties, the latter of which was acquired in the spring of 2022. The Project, 100% owned by Cartier, is located at 45 km east of the Val-d'Or mining camp.
July 13, 2023
Cartier Cuts 3.2 g/t Au over 15.0 m at Chimo Mine
Cartier Resources Inc. (TSX-V: ECR) (“Cartier”) announce drill hole results from the West Nordeau and West Chimo Mine sectors. Drilling in the West Nordeau sector aims to increase resources in a future estimate (MRE5*), while drilling in the West Chimo Mine sector aims to discover new gold zones in a little-explored sector, located proximal to the underground infrastructures (FIGURE 1). The Chimo Mine property, which is 100% owned by Cartier, is located 45 km east of the Val-d'Or mining camp.
June 6, 2023
West Chimo Mine Sector Shows New Exploration Potential for Cartier
Cartier Resources Inc. (TSX-V: ECR) (“Cartier”) announces drill hole results from the program that is in progress at the Chimo Mine Project. The new results are from the West Chimo Mine sector, located between the main underground infrastructures of the Chimo mine and up to 550 m west of them (FIGURE 1). The Chimo Mine property, which is 100% owned by Cartier, is located 45 km east of the Val-d'Or mining camp.
May 29, 2023
Cartier Files on SEDAR the NI 43-101 Technical Report of the Preliminary Economic Assessment for Chimo Mine Project Post-Tax NPV5% of CAD$388M and 20.8% IRR
Cartier Resources Inc. (TSX-V: ECR) (“Cartier”) announces that it has filed on SEDAR the NI 43-101 technical report of the Preliminary Economic Assessment (“PEA”) titled “NI 43-101 Technical Report and Preliminary Economic Assessment for the Chimo Mine and West Nordeau Gold Deposits, Chimo Mine and East Cadillac Properties, Quebec, Canada”, prepared in accordance with National Instrument 43-101 – Standard of Disclosure for Mineral Projects (“NI 43-101”).
May 9, 2023
Cartier Closes Private Placement Financing
Cartier Resources Inc. (TSX-V: ECR) (“Cartier” or the “Company”) announces that it has closed its previously announced private placement (the “Private Placement”) for aggregate gross proceeds of $204,000. 1,457,143 common shares of Cartier (each, a “Common Share”) were issued at a price of $0.14 per Common share. Agnico Eagle now owns approximately 15.55% of the issued and outstanding Common Shares on a non-diluted basis and 17.33% of the issued and outstanding Common Shares on a partially-diluted basis.
May 5, 2023
CARTIER FILES EARLY WARNING REPORT IN RESPECT OF EARTHWISE MINERALS CORP.
Cartier Resources Inc. (TSX.V: ECR) (“Cartier” or the “Corporation”) announces that it has filed an early warning report in respect of its holdings in Earthwise Minerals Corp. (“Earthwise”). The requirement to file this report was triggered by the receipt, on May 4, 2023, of 1,600,000 common shares of Earthwise (the “Consideration Shares”) issued to Cartier under the terms of an option agreement dated April 22, 2021, as amended, between Earthwise and Cartier (the “Option Agreement”). The Consideration Shares were issued at a deemed price of $0.08 per share in satisfaction of the scheduled share issuance required to be made by Earthwise under the terms of the Option Agreement (the “Share Issuance Payment”) and will be subject to a contractual release period, as follows: (a) July 22, 2023: 25%; (b) October 22, 2023: 25%; (c) January 22, 2024: 25%; and (d) April 22, 2024: 25%.
May 4, 2023
Cartier Cuts Two New Zones at Chimo Mine Project
Cartier Resources Inc. (TSX-V: ECR) (“Cartier”) announce drill hole results from the program that is in progress at the Chimo Mine Project, where a recent (‘’PEA’’) demonstrated its economic viability. The Chimo Mine property, which is 100% owned by Cartier, is located 45 km east of the Val-d'Or mining camp.
May 2, 2023
Cartier Resources Inc. Completes Private Placement
Cartier Resources Inc. (TSX-V: ECR) (“Cartier” or the “Company”) is pleased to announce that it has completed a non-brokered private placement of 5,140,000 national flow-through common shares (the “National Flow-Through Shares”) and 4,545,455 Québec flow-through common shares (the “Québec Flow-Through Shares”) for aggregate gross proceeds of $1,546,700 (the “Flow-Through Private Placement”). The National Flow-Through Shares were issued at a price of $0.155 per share and the Québec Flow-Through Shares were issued at a price of $0.165 per share.
April 13, 2023
Cartier Delivers Positive PEA for Chimo Mine Project Post-Tax NPV5% of CAD$388M and 20.8% IRR
Cartier Resources Inc. (TSX-V: ECR) (“Cartier”) is pleased to announce the positive results of the Preliminary Economic Assessment (“PEA”), prepared in accordance with National Instrument 43-101 – Standard of Disclosure for Mineral Projects (“NI 43-101”), on the Chimo Mine Project located 45 km east of the Val-d'Or mining camp.
March 2, 2023
Cartier Cuts 4.0 g/t Au over 6.8 m in 5NE Zone on Chimo Mine Property
Cartier Resources Inc. (TSX-V: ECR) (“Cartier”) announces drill results in the East Chimo Mine Sector, located at the midpoint of 450 m between the Chimo Mine and West Nordeau sectors (FIGURE 1). The results are located on the Chimo Mine Property, 100% owned by Cartier, which is located 45 km east of the Val-d'Or mining camp.
February 14, 2023
Drilling Expands Dimensions of Gold Zones of East Chimo Mine Sector
Cartier Resources Inc. (TSX-V: ECR) (“Cartier”) announces drill results in the East Chimo Mine Sector, located at the midpoint of 450 m between the Chimo Mine and West Nordeau sectors (FIGURE 1). The results are located on the Chimo Mine Property, 100% owned by Cartier, which is located 45 km east of the Val-d'Or mining camp.
January 24, 2023
Drilling of the Chimo Mine Project Confirms Depth Extension of West Nordeau Deposit
Cartier Resources Inc. (TSX-V: ECR) (“Cartier”) announces drill results below the West Nordeau deposit of the Chimo Mine Gold System (FIGURE) from its ongoing drilling program on the Chimo Mine property and contiguous East Cadillac property. Both properties, 100% owned by Cartier, are located 45 km east of the Val-d’Or mining camp.